Early Mover or Late Mover Advantage for Hotels?

Volume: 41, Issue: 1, Pages: 23 - 40
Published: Jul 27, 2016
Abstract
Theories on early and late mover advantages predicate that competitive operating advantages can occur with respect to the relative timing of market entry. Suspecting that “early mover” hotels can preempt desirable micro-locations for hotel operations, the current study tests for early mover advantage created by locations not fully imitable. Estimation of spatial econometric model reveals evidence of an early mover advantage. We also find that...
Paper Details
Title
Early Mover or Late Mover Advantage for Hotels?
Published Date
Jul 27, 2016
Volume
41
Issue
1
Pages
23 - 40
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