A Portfolio Approach in Lodging Firms’ Investment Behavior: Examining Investment–Disinvestment Interdependency

Material TypeArticleLanguageEnglish
TitleA Portfolio Approach in Lodging Firms’ Investment Behavior: Examining Investment–Disinvestment Interdependency Author(S)Seul Ki Lee (Author)
Abstract  The investment behavior of lodging firms is not adequately explained by conventional investment models due to the lodging firms’ practice of acquiring some properties while disposing of others. This practice makes it difficult to apply decision models based on marginal productivity and the costs of fixed assets to lodging firms. ...Paginationp 318-326
SubjectHome economicsDescriptorsHospitality industry
Journal TitleCornell Hospitality Quarterly  
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