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Stakeholders of the world, unite!: Hospitality in the time of COVID-19
The COVID-19 pandemic created a global, complex crisis, without a clear end in sight, presenting an existential threat to many hospitality businesses. Drawing on stakeholder theory, we develop a framework for recovery strategy development for COVID-19, which engages salient stakeholders in the proce...
Autores principales: | , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Elsevier Ltd.
2021
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9756829/ https://www.ncbi.nlm.nih.gov/pubmed/36540681 http://dx.doi.org/10.1016/j.ijhm.2021.102922 |
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author | Canhoto, Ana Isabel Wei, Liyuan |
author_facet | Canhoto, Ana Isabel Wei, Liyuan |
author_sort | Canhoto, Ana Isabel |
collection | PubMed |
description | The COVID-19 pandemic created a global, complex crisis, without a clear end in sight, presenting an existential threat to many hospitality businesses. Drawing on stakeholder theory, we develop a framework for recovery strategy development for COVID-19, which engages salient stakeholders in the process of recognizing challenges, rationalizing changes needed and refashioning ways of working. The framework is used to analyze the process of development of a recovery strategy for a boutique hotel in England, UK, via a case study methodology. The analysis brings to the fore the interdependencies between the hotel owners and its employees, customers, governments, suppliers and communities, at local, national and international levels. Moreover, the analysis shows how collaborating with these stakeholders leads to the identification of revenue streams for the hotel, operational modifications and even the development of new commercial partnerships. |
format | Online Article Text |
id | pubmed-9756829 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2021 |
publisher | Elsevier Ltd. |
record_format | MEDLINE/PubMed |
spelling | pubmed-97568292022-12-16 Stakeholders of the world, unite!: Hospitality in the time of COVID-19 Canhoto, Ana Isabel Wei, Liyuan Int J Hosp Manag Article The COVID-19 pandemic created a global, complex crisis, without a clear end in sight, presenting an existential threat to many hospitality businesses. Drawing on stakeholder theory, we develop a framework for recovery strategy development for COVID-19, which engages salient stakeholders in the process of recognizing challenges, rationalizing changes needed and refashioning ways of working. The framework is used to analyze the process of development of a recovery strategy for a boutique hotel in England, UK, via a case study methodology. The analysis brings to the fore the interdependencies between the hotel owners and its employees, customers, governments, suppliers and communities, at local, national and international levels. Moreover, the analysis shows how collaborating with these stakeholders leads to the identification of revenue streams for the hotel, operational modifications and even the development of new commercial partnerships. Elsevier Ltd. 2021-05 2021-03-27 /pmc/articles/PMC9756829/ /pubmed/36540681 http://dx.doi.org/10.1016/j.ijhm.2021.102922 Text en © 2021 Elsevier Ltd. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active. |
spellingShingle | Article Canhoto, Ana Isabel Wei, Liyuan Stakeholders of the world, unite!: Hospitality in the time of COVID-19 |
title | Stakeholders of the world, unite!: Hospitality in the time of COVID-19 |
title_full | Stakeholders of the world, unite!: Hospitality in the time of COVID-19 |
title_fullStr | Stakeholders of the world, unite!: Hospitality in the time of COVID-19 |
title_full_unstemmed | Stakeholders of the world, unite!: Hospitality in the time of COVID-19 |
title_short | Stakeholders of the world, unite!: Hospitality in the time of COVID-19 |
title_sort | stakeholders of the world, unite!: hospitality in the time of covid-19 |
topic | Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9756829/ https://www.ncbi.nlm.nih.gov/pubmed/36540681 http://dx.doi.org/10.1016/j.ijhm.2021.102922 |
work_keys_str_mv | AT canhotoanaisabel stakeholdersoftheworldunitehospitalityinthetimeofcovid19 AT weiliyuan stakeholdersoftheworldunitehospitalityinthetimeofcovid19 |