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Business Performance in the UK Hotel Sector - Does it Pay to be Market Oriented?

Service Industries JournalPublished 1 July 1999
Adrian Sargeant, Mawaddah Binti Mohamad
Citations87
SJR quartileQ1
SJR score2.03
SNIP1.86

Abstract

This article reports the findings ofa postal survey of 200 of the UK's largest hotel groups. The results clearly indicate that many organisations have yet to achieve a market orientation and that a focus on competitors is frequently absent. Thirty five per cent of hotels remain sales oriented, although no adverse effects on performance would yet appear to be evident. This study found no link between the degree o f market orientation attained and the performance o f the business as measured by profitability and turnover.

Keywords

Business, Management and Accounting