... hotel market conditions play the determinant role in the expansion plans of the hotel organization. This paper evaluates these factors and discusses their influence on the organization’s expansion decisions. © MCB UP Limited 2003 Hotels Shareholders Stakeholders International...

...Francis A. Kwansa Examines the shareholder wealth effects of acquisitions in the lodging sector during the 1980s. Using the event study method, estimates the size of additional wealth accruing to shareholders of hotel companies arising from an acquisition. Over a 61‐day period surrounding...