Show simple item record

dc.contributor.authorJ. Turner, Michael
dc.contributor.authorGuilding, Christopher
dc.contributor.editorAnna Mattila
dc.date.accessioned2017-05-03T13:20:25Z
dc.date.available2017-05-03T13:20:25Z
dc.date.issued2010
dc.date.modified2011-07-26T09:32:04Z
dc.identifier.issn10963480
dc.identifier.doi10.1177/1096348010370855
dc.identifier.urihttp://hdl.handle.net/10072/35105
dc.description.abstractA review of the findings of prior empirical research concerning hotel management contracts between owners and operators is undertaken. It is noted that management contracts have become increasingly commonplace in the international hotel sector and that gross revenue and gross operating profit are the most extensively used determinants of operator incentive fee remuneration. These findings present a platform for examining how revenue and gross operating profit are deficient in promoting owner-operator goal congruency. In light of this, return on investment (ROI) and residual income (RI) are examined as potential alternative determinants of operator reimbursement. While it is appears that both ROI and RI as determinants of hotel operator fees would represent an advance in promoting owner-operator goal congruency, a rationale outlining how residual income is preferable to ROI is outlined.
dc.description.peerreviewedYes
dc.description.publicationstatusYes
dc.format.extent240417 bytes
dc.format.mimetypeapplication/pdf
dc.languageEnglish
dc.language.isoeng
dc.publisherSage Publications, Inc.
dc.publisher.placeUnited States
dc.relation.ispartofstudentpublicationN
dc.relation.ispartofpagefrom478
dc.relation.ispartofpageto511
dc.relation.ispartofissue4
dc.relation.ispartofjournalJournal of Hospitality & Tourism Research
dc.relation.ispartofvolume34
dc.rights.retentionY
dc.subject.fieldofresearchCommerce, Management, Tourism and Services not elsewhere classified
dc.subject.fieldofresearchBusiness and Management
dc.subject.fieldofresearchCommercial Services
dc.subject.fieldofresearchTourism
dc.subject.fieldofresearchcode159999
dc.subject.fieldofresearchcode1503
dc.subject.fieldofresearchcode1504
dc.subject.fieldofresearchcode1506
dc.titleHotel management contracts and deficiencies in owner-operator capital expenditure goal congruency
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.rights.copyright© 2010 International Council on Hotel, Restaurant, and Institutional Education. This is the author-manuscript version of the paper. Reproduced in accordance with the copyright policy of the publisher. Please refer to the journal's website for access to the definitive, published version.
gro.date.issued2010
gro.hasfulltextFull Text
gro.griffith.authorGuilding, Christopher J.


Files in this item

This item appears in the following Collection(s)

  • Journal articles
    Contains articles published by Griffith authors in scholarly journals.

Show simple item record