The primary objective of this study was to investigate the effect of a diversification strategy by
hotel companies on corporate financial performance and stability. Using 36 publicly traded …

This study investigated the effects of diversification on firm performance in the restaurant
industry. In prior studies, the theoretical rationales and empirical results appeared to …

In this study, we investigate the relationship between product diversification and hotel
property performance as well as the moderators of this relationship in the urban lodging …

This study categorized 25 highly market-diversified international tourist hotels into two sub-
groups, based on the highest proportion of hotel revenue generated either by (1) food and …

This paper analyzes the dynamic relationship between the degree of internationalization
(DOI) and economic performance (P) in Spanish hotel firms. A longitudinal dataset for the …

Employing a sample of Chinese tourism companies from 2001 to 2007, this study examines
the impacts of diversification on their financial performance. Return on equity (ROE) is used …

Examines aspects of change as reflected by articles published in the Hospitality Research
Journal during the seven‐year period from 1989‐1995. Discusses how change …

This study empirically investigates the relationship between firm-wise financial factors and
firm performance in the restaurant industry from 2000 to 2004 using panel data regression. A …

In a bid to add to the understanding of the dynamics of tourism diversification, this study
examines the convergence of tourism market diversification in 98 countries. The countries …

The primary purpose of this study was to explore a model that examines the relationships
among the external environment, entrepreneurial strategy, mechanistic-organic structure …