A new marketing mix model to rescue the hospitality industry: Evidence from Egypt after the Arab Spring
No Thumbnail Available
Date
2/22/2017
Journal Title
Journal ISSN
Volume Title
Type
Article
Publisher
Elsevier Ltd
Series Info
Future Business Journal;3 (2017) 47–69
Scientific Journal Rankings
Abstract
After January 25th 2011 Egypt witnessed political, economic and social instability leading to drastic consequences in the
hospitality and tourism industry. Thus unstable situation reflected on the deteriorated occupancy percentages that led to declined
profit margins, higher employee layoffs and degraded quality of product and services. The objectives of this research is to examine
how the Egyptian hospitality properties manage this dilemma through their marketing practices, and to propose a new marketing
mix model that adds new layers of depth to the traditional marketing mix model. A methodological framework was designed to
help in the assessment process of management practices pertaining to marketing initiatives during times of crisis. Results indicated
the presence of tactical elements that assembled the traditional marketing mix model in the investigated hotels. However, these
elements are not effectively used and the interaction between them not appears very clear. Results also indicated that the new
proposed model would help in providing a framework for the Egyptian hospitality industry to maintain their competitive position
during crisis time and avoiding undesired situations for labour force and decline of companies' revenues.
& 2017 Faculty of Commerce and Business Administration, Future University. Production and Hosting by Elsevier B.V
Description
Keywords
Transition process, pMarketing mix, Crisis management, Tourism, Hotel industry