Identification of Merger and Acquisition Waves and Their Macroeconomic Determinants in the Hospitality Industry [Summary]

Simple item page
dc.contributor.authorKamruzzaman, Mden
dc.date.accessioned2020-03-06T20:18:55Zen
dc.date.available2020-03-06T20:18:55Zen
dc.date.issued2020-03-06en
dc.description.abstractThe contribution of this study is to provide practical implications for hospitality owners or executives who seek M&A. They should take the findings into account when formulating and implementing their M&A strategy to improve operating performance and shareholder value. The findings show that macroeconomic conditions encourage hospitality M&A deals and the shifts in the important macroeconomic conditions over M&A processes from internal review of strategic options to deal announcement. These macroeconomic conditions should be checked continuously to determine whether economic conditions are appropriate for conducting M&A deals. Hospitality practitioners can also adjust the details of their M&A deals by looking into different macroeconomic conditions at each step of the M&A process. Furthermore, practitioners are able to use the conditions to predict a proper time for M&A. The findings would also be beneficial for financial analysts and investors. The combination of the significant effect of four macroeconomic factors can help identify the period of hospitality M&A waves. Based on the unique impact of macro-economy in the hospitality industry, financial analysts can develop a creative industrial forecast to show feasible projections of M&A deals; and, investors and fund managers can find out the optimal time for investing in the hospitality industry.en
dc.identifier.urihttp://hdl.handle.net/10919/97240en
dc.language.isoenen
dc.publisherVirginia Techen
dc.rightsCreative Commons Attribution 4.0 Internationalen
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/en
dc.subjectmerger and acquisition wavesen
dc.subjectmacroeconomic determinantsen
dc.subjectrestaurant industryen
dc.subjectlodging industryen
dc.subjectSimulationen
dc.titleIdentification of Merger and Acquisition Waves and Their Macroeconomic Determinants in the Hospitality Industry [Summary]en
dc.typeSummaryen

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Summary - 56 - Identification of Merger and Acquisition Waves and Their Macroeconomic Determinants in the Hospitality Industry [Summary].pdf
Size:
500.55 KB
Format:
Adobe Portable Document Format
Download
License bundle
Now showing 1 - 1 of 1
Name:
license.txt
Size:
1.5 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

Summaries of Academic Articles on Research in Hospitality (Feiertag Collection)