Hotel internal factors |
Average daily rate |
(Chattopadhyay & Mitra, 2019; Enz et al., 2016; Singh et al., 2014) |
Employees |
(Sainaghi, 2011) |
Years since last renovation |
|
Hotels/number of rooms |
(Jiang & Taylor, 2020; Kim et al., 2013; Sainaghi, 2011) |
Hotel owner |
(Jiang & Taylor, 2020; Xiao et al., 2012) |
Quality of service and product |
(Cross et al., 2009; Kimes, 1999) |
Sales effectiveness |
(Cross et al., 2009) |
Sustainability certificate |
(Bianco et al., 2023) |
|
Marketing policies |
Social presence/social media usage |
(Anderson, 2012; De Pelsmacker et al., 2018) |
Brand positioning/Brand affiliation |
(Cross et al., 2009; Xiao et al., 2012) |
Total marketing expenses |
(Singh & Dev, 2015) |
Digital innovation |
(Alrawadieh et al., 2021; Bovsh et al., 2022) |
Customer mix/market orientation |
(Kim et al., 2013; Sainaghi, 2011) |
|
Consumers |
Consumer confidence |
(Chen, 2015; Liu et al., 2013; Pacheco, 2016) |
Customer satisfaction |
(Kim et al., 2013; Kimes, 1999) |
International tourist arrival |
(Chen, 2011; Liu et al., 2013; Pacheco, 2016) |
Number of residents and non-residents overnight stays |
(Pacheco, 2016) |
Online review sites |
(Anderson, 2012; De Pelsmacker et al., 2018; Phillips et al., 2016) |
Demand for hotel rooms |
(Chattopadhyay & Mitra, 2019) |
|
Hotel uncontrollable factors |
Abnormal weather conditions |
(Mun & Park, 2022) |
Economic growth |
(Pacheco, 2016) |
Seasonality/trend |
(Chattopadhyay & Mitra, 2019; Jiang & Taylor, 2020) |
Grand impact events (Olympic games, tsunami, hurricane) |
(Choi et al., 2019; Liu et al., 2013) |
Government's role |
(Subedi & Kubickova, 2023) |
Stock index |
(Liu et al., 2013) |
Real-estate development |
|
Exchange rate Trade balance |
|
Growth of room supply |
(Zheng, 2014) |