An Analysis of Industry Forces, Strategic Implementation, and Performance: Evidence from State-owned Hotels in China

Vincent T. Law, Pimtong Tavitiyaman, Hanqin Qiu

Research output: Journal article publicationJournal articleAcademic researchpeer-review

5 Citations (Scopus)

Abstract

This study explores the influence of industry forces, strategic implementation, and business performance of state-owned hotels in China. The findings show that industry forces of competitors, customers, and new hotel entrants have a crucial influence on the strategic development of state-owned hotels whereas substitutes and suppliers have less impact. The hotels under study applied differentiation to position themselves by implementing strategies of branding, human resources, advanced information technology, and cost efficiency. Differentiation enables state-owned hotels to achieve desirable performance. Hoteliers in China should monitor the effect of industry forces to sustain strengths, grasp opportunities, avoid threats, and overcome weaknesses.
Original languageEnglish
Pages (from-to)315-336
Number of pages22
JournalJournal of China Tourism Research
Volume11
Issue number3
DOIs
Publication statusPublished - 1 Jan 2015

Keywords

  • Industry forces
  • performance
  • state-owned hotels
  • strategic implementation

ASJC Scopus subject areas

  • Cultural Studies
  • Language and Linguistics
  • Linguistics and Language
  • Tourism, Leisure and Hospitality Management

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