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Customer Metrics as Key Performance Drivers: Analysis of Industry KPIs, ACSI and Risk-Adjusted Stock Market Performance of US Public Hotel Chains (2004-2020)
Leiden University, Leiden, The Netherlands.
Örebro University, School of Hospitality, Culinary Arts & Meal Science.ORCID iD: 0000-0002-6365-930X
2022 (English)Conference paper, Oral presentation with published abstract (Refereed)
Abstract [en]

This study examines operating metrics and customer satisfaction for eight U.S. hotel chains in relation to their financial performance. Customer traffic, as measured by Room-Nights-Sold (NIGHTSS), and customer satisfaction, measured by the American Customer Satisfaction Index (ACSI), were found to have a strong positive relationship with profitability and stock market performance. In contrast, Room Occupancy and RevPAR (Revenue per Available Room) had no significant relationships with financial performance. Results suggest NIGHTSS as more straightforward, comprehensive, and tangible profit driver that is important for users’ involvement and acceptance, leading to a better use of control systems and higher quality of analysis.

Place, publisher, year, edition, pages
2022.
Keywords [en]
revenue drivers, profit drivers, non-financial metrics, stock performance, performance management, RevPAR, hotel financial performance, customer satisfaction, ACSI
National Category
Business Administration
Research subject
Business Studies
Identifiers
URN: urn:nbn:se:oru:diva-100198OAI: oai:DiVA.org:oru-100198DiVA, id: diva2:1683774
Conference
106th American Accounting Association annual meeting, San Diego, USA, July 29 - August 3, 2022
Available from: 2022-07-18 Created: 2022-07-18 Last updated: 2022-07-26Bibliographically approved

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Carlbäck, Mats

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CiteExportLink to record
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Citation style
  • apa
  • ieee
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Language
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  • en-US
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  • Other locale
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Output format
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  • asciidoc
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