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Indonesian Hotels' Dynamic Capability under the Risks of COVID-19.
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- Author(s): Amar, Muhammad Yunus1 (AUTHOR) ; Syariati, Alim2 (AUTHOR) ; Ridwan, Ridwan3 (AUTHOR) ; Parmitasari, Rika Dwi Ayu2 (AUTHOR)
- Source:
Risks. Nov2021, Vol. 9 Issue 11, p194. 1p.- Subject Terms:
- Source:
- Additional Information
- Subject Terms:
- Abstract: The effects of COVID-19 on tourism are irreversible, with potential reductions in income, job losses, shifting working landscapes, and visible health-related fears. These adversities are reinforced in the hospitality business, particularly for hotels, the income streams of which rely on individual movements. This study investigates the process undertaken by the hotel industry in Indonesia to face the current challenges, particularly in terms of the dynamic capabilities possessed by hotel businesses. This construct discusses the potentiality of maximizing existing resources and its impact on innovation norms to leverage hotel dynamics. A total of 329 hotel managers responded to the survey, and the data were finalized by employing PLS-SEM. The findings primarily support the hypothesized direct relationships, but refute the presence of indirect relationships. The results amplify how past investments in sustainable resources are easily deployed assets during COVID-19 and create a welcoming environment for dynamic innovation among hotels during periods of change. [ABSTRACT FROM AUTHOR]
- Abstract: Copyright of Risks is the property of MDPI and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
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