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Browsing School of Hotel Administration by Title
Now showing items 953-972 of 2013
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Investment Values of Lodging Property: Proof of Value for Selected Models
deRoos, Jan A.; Rushmore, Stephen (1999-04-01)In an earlier article the authors introduced two models that demonstrated the effects of taxes and lender criteria on a property estimated value. Here’s the proof of value for those models. -
IPO Underpricing in the Hospitality Industry: A Necessary Evil?
Canina, Linda; Chang, Charles; Gibson, Scott (2008-01-01)Hospitality initial public offerings (IPOs) experienced average first-day price increases of 17.1% between January 1981 and December 2001. This price increase, referred to as IPO underpricing, represents a substantial ... -
Is A Cigar Just A Cigar? A Glimpse at the New-Age Cigar Consumer
LaTour, Michael S.; Henthorne, Tony L.; LaTour, Kathryn A. (2003-01-01)[Excerpt] Cigar smoking is once again in vogue. While no longer at "fad" levels (Freccia, Jacobsen, and Kilby 2003), imports of quality hand-made cigars rose at almost double-digit rates during 2002 (Savona 2003) following ... -
Is It Time for Bottom Fishing?
Liu, Crocker; Nowak, Adam; White, Robert Jr (2020-10-12)The prices of hotels in all regions continue to hemorrhage, with hotels in the Middle Atlantic and South Atlantic regions particularly hard hit. In contrast, hotels in the Mountain states suffered the fewest losses. Hotels ... -
Is it Worth it to Win the Talent War? Evaluating the Utility of Performance-Based Pay
Sturman, Michael C.; Trevor, Charlie O.; Boudreau, John W.; Gerhart, Barry (2003-01-01)Although the business press suggests that “winning the talent war,” the attraction and retention of key talent, is increasingly pivotal to organization success, executives often report that their organizations do not fare ... -
Is Overbuilding Risk Declining? Evidence From Hotel Markets
Corgel, John B. (2004-07-01)“In the old days, construction statistics and other important data were closely guarded secrets. Developers can now look at competitors’ numbers and tell at a glance if an area is becoming overbuilt.” From a Wall StreetJournal ... -
Is Real Estate a Fad?
Orscheln, Michael (2006-01-01)[Excerpt] According to the American Heritage Dictionary of the English Language, (Fourth Edition Copyright 2000 by Houghton Mifflin Company), a fad is defined as: “A fashion that is taken up with great enthusiasm for a ... -
Is That a Finger in My Chili: Using Affective Advertising for Postcrisis Brand Repair
LaTour, Kathryn A.; LaTour, Michael S.; Loftus, Elizabeth F. (2006-05-01)A study of the effects of reconstructive memory points the way to dealing with the damage to a business’s reputation that follows an instance of negative publicity. The study contradicts the commonly held myth that it is ... -
Is the Customer Always Right? The Potential for Racial Bias in Customer Evaluations of Employee Performance
Lynn, Michael; Sturman, Michael C. (2011-01-01)With the encouragement of marketing scholars, many companies are tying employee incentives to customer ratings of satisfaction, service quality, or employee performance. One potential drawback to these practices is that ... -
Is There a Neglected Firm Effect?
Carvell, Steven A.; Strebel, Paul J. (1987-01-01)[Excerpt] The objective of this paper is to examine the statistical basis of the neglected firm effect: whether it is indeed statistically distinct from the small firm and January effects or not. Relative to previous work ... -
Is There Excess Comovement in the U.S. Real Estate Markets
Kallberg, Jarl; Liu, Crocker H.; Pasquariello, Paolo (2007-09-14)This study addresses the recent performance of the U.S. residential real estate market. We investigate the comovement among Case-Shiller Home Price Indices for 14 metropolitan areas from January 1987 to October 2006. We ... -
Is Trading Behavior Stable Across Contexts? Evidence from Style and Multi-Style Investors
Blackburn, D. W.; Goetzmann, W. N.; Ukhov, Andrey D. (2003-08-14)In this paper we study priming of identity within the context of inherent vs. contextual financial decision making. We use a sample of individual trading accounts in equity-style funds taken from one fund family to test ... -
“Is Trading Behavior Stable across Contexts? Evidence from Style and Multi-Style Investors”
Blackburn, Douglas W.; Goetzmann, William N.; Ukhov, Andrey D. (2012-05-01)In this paper we use a sample of individual trading accounts in equity style funds taken from one fund family to test the hypothesis that trading styles are inherent vs. contextual. Our sample contains investors who invest ... -
Is What's Bad for the Goose (Tenant), Bad for the Gander (Landlord)? A Retail Real Estate Perspective
Liu, Crocker H.; Liu, Peng (2013-07-01)We explore the economic dependence and financial market feedback effects among firms with economic linkages, notably landlord-tenant when shocks occur to the system. In particular, we examine 157 major tenant bankruptcy ... -
Is What’s Bad for the Goose (Tenant), Bad for the Gander (Landlord): A Retail Real Estate Perspective
Liu, Crocker L.; Liu, Peng (2011-03-08)Given the current financial crisis, we explore the impact that tenant bankruptcies have on the risk and return performance of their publicly traded landlord. We focus on retail REITs since the contracting mechanism associated ... -
Issues in the Use of Ratings-based Versus Choice-based Conjoint Analysis in Operations Management Research
Karniouchina, Ekaterina V.; Moore, William L.; van der Rhee, Bo; Verma, Rohit (2009-01-01)Conjoint analysis has played an important role in helping make a number of operations management decisions including product and service design, supplier selection, and service operations capacity. Many recent advances in ... -
Issues of Concern for Restaurant Owners and Managers
Enz, Cathy A. (2004-11-01)Human resources continues to be the most troubling issue for U.S. restaurant owners and operators. When448 restaurateurs were given the chance to state their top concerns, they chose finding and keeping competent employees, ... -
It is Time for Something New: A 21st Century Joint-Employer Doctrine for 21st Century Franchising
Carvell, Steven A.; Sherwyn, David S. (2015-01-01)[Excerpt] The joint-employer doctrine is perhaps the hottest issue in labor and employment law for 2015 and the foreseeable future. In the September 2015 Browning-Ferris ("BFI”) decision, the National Labor Relations Board ... -
It’s More than Just a Game: The Effect of Core and Supplementary Services on Customer Loyalty
Walsman, Matthew; Dixon, Michael; Rush, Rob; Verma, Rohit (2014-12-02)All service providers seek to provide a comprehensive experience for their customers, with the goal of cementing customer loyalty and encouraging future purchases. In most services, we can identify core aspects (e.g., a ... -
It’s Simpler than It Seems: An Alternative Explanation for the Magnitude Effect in Tipping
Lynn, Michael; Sturman, Michael C. (2003-01-01)In this paper, we critically review various explanations for the magnitude effect in tipping and offer a simpler explanation for this effect. We also present a simulation that demonstrates the plausibility of our explanation. ...