The impacts of variety on the costs and profits of a hotel chain's properties

Journal of Hospitality and Tourism Research

Volumn 22, Issue 2, 1998, Pages 142-157

  Enz, Cathy A ^a   Potter, Gordon ^a  

^a Cornell University ^*  (United States)

Author keywords

Customer and product mix; Undistributed operating expenses

Indexed keywords

EID: 0001094103     PISSN: 10963480     EISSN: 15577554     Source Type: Journal    
DOI: 10.1177/109634809802200203     Document Type: Article

References (41)

1. Other ways to reduce complexity may be to lease out facilities to independent contractors and to outsource the provision of services and products.
2. The proportions reported should be interpreted cautiously as they have been altered slightly to ensure confidentiality.
3. Abernathy, W.J., & Wayne, K. (1974, September/October). Limits of the learning curve. Harvard Business Review, pp. 109-118.
4. Anderson, S. (1995, July). Measuring product mix flexibility: An empirical analysis oftextile weaving. Accounting Review, 70, 363-388.
5. Arnold, D. (1994, February). Profits and prices: A lodging analysis. The Cornell Quarterly, pp. 30-33.
6. Arthur Andersen & Co. SC. (1993). The hotel operating statistics (HOST) report.
7. Arthur Andersen & Co. SC. (1994). The hotel operating statistics (HOST) report.
8. Bagozzi, R.P. (1986). Principles of marketing management. Chicago: Science Research Associates.
9. Banker, R.D., & Johnston, H.H. (1993, July). An empirical study of cost drivers in the U.S. airline industry. Accounting Review, pp. 576-601.
10. Banker, R.D., Ou, C., & Potter, G. (1997). The compensating impact of strategic cost drivers: Evidencefrom the U.S. banking industry. Working paper, Cornell University, Ithaca, New York.
11. Banker, R.D., Potter, G., & Schroeder, R.G. (1995, February). An empirical analysis of manufacturing overhead cost drivers. Journal of Accounting and Economics, pp. 115-138.
12. Chamberlin, E. (1962). The theory of monopolistic competition (8th ed.). Cambridge, MA: Harvard University Press.
13. Cooper, R., & Kaplan, R.S. (1987). How cost accounting systematically distorts product costs. In W. Bruns & R. S. Kaplan (Eds.), Accounting and management: Field study experiments. Boston: Harvard Business School Press.
14. Cooper, R., & Kaplan, R.S. (1991). The design of cost management system: Text, cases, and readings. Englewood Cliffs, NJ: Prentice Hall.
15. Cravens, D.W., & Woodruff, R.B. (1986). Marketing Reading, MA: Addison-Wesley.
16. DeFranco, A. (1997). The importance and use of financial forecasting and budgeting at the departmental level in the hotel industry as perceived by controllers. Hospitality Research Journal, 20(3), 99-110.
17. Foster, G., & Gupta, M. (1990, January). Manufacturing overhead cost driver analysis. Journal of Accounting and Economics, pp. 309-337.
18. Gale, B.T., & Branch, B.S. (1982). Concentration versus market share: Which determines market share and why does it matter? Antitrust Bulletin, 27, 83-105.
19. Hanks, R., Cross, R., & Noland, R. (1992, February). Discounting in the hotel industry: A new approach. The Cornell Quarterly, pp. 15-23.
20. Hotel Association of NewYork City, Inc. (1986). A uniform system of accounts for hotels (8th ed.). New York: Author.
21. Hotels embrace value, abandon price pitch. (1993, September 6). Advertising Age.
22. Ittner, C., Larcker, D., & Randall, T. (1996). The activity-based hierarchy and firm profitability. Working paper, University of Pennsylvania, Philadelphia.
23. Johnson, H.T., & Kaplan, R.S. (1987). Relevance lost: The rise and fall of management accounting. Cambridge, MA: Harvard Business Press.
24. Kaplan, R.S. (1983, October). Measuring manufacturing performance: A new challenge for managerial accounting research. Accounting Review, pp. 686-705.
25. Kaplan, R.S. (1984, July). The evolution of management accounting. Accounting Review, pp. 390-418.
26. Lancaster, K. (1990, Summer). The economics of product variety. Marketing Science, pp. 189-206.
27. MacDuffie, J.P., Sethuranman, K., & Fisher, M.L. (1996, March). Product variety and manufacturing performance: Evidence from the international automotive assembly plant study. Management Science, pp. 350-369.
28. Miller, J.G., & Vollmann, T.E. (1985, September/October). The hidden factory. Harvard Business Review.
29. Noreen, E., & Soderstrom, N. (1994, January). Are overhead costs strictly proportional to activity? Evidence from hospital services departments. Journal of Accounting and Economics, pp. 255-278.
30. Panzar, J.C., & Willig, R.D. (1977). Economies of scale and economies of scope in multi-output production. Quarterly Journal of Economics, pp. 481-493.
31. Pkf Consulting (1994). Trends in the hotel industry. San Francisco.
32. Porter, M. (1985). Competitive advantage. New York: Free Press.
33. Ravenscraft, D.J. (1983). Structure profit relationships at the line-of-business and level Industry. Review of Economics and Statistics, 65, 22-31.
34. Robinson, W.T., & Fornell, C. (1985). Sources of market pioneer advantages in consumer goods industries. Journal of Marketing Research, 22, 305-317.
35. Scherer, F.M., & Ross, D. (1990). Industrial market stucture and economic performance. Houghton Mifflin.
36. Schmidgall, R., & Ninemeier, J. (1987, May). Budgeting in hotel chains: Coordination and control. The Cornell Quarterly, pp. 79-84.
37. Skinner, W. (1974, May/June). The focused factory. Harvard Business Review, pp. 113-121.
38. Smith Travel Research. (1995). The HOST Study: 1994 hotel operating statistics. Hendersonville, TN: Author.
39. Stigler, G.J. (1983). The organization of industry. Chicago: University of Chicago Press.
40. Why hotel rates won't take off. (1993, October 4). Fortune, p. 124.
41. Willig, R.D. (1979). Multi-product technology and market structure. American Economy Review, 69(2), 346-351.