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Innovations as Drivers of Performance in the Hospitality Industry: A Study of Selected Hotels in Awka, Anambra State

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Innovations as Drivers of Performance in the Hospitality Industry: A Study of Selected Hotels in Awka, Anambra State


Nwangene, Ogochukwu Christian | Dibua, Emmanuel Chijioke | Edoko, Tonna David



Nwangene, Ogochukwu Christian | Dibua, Emmanuel Chijioke | Edoko, Tonna David "Innovations as Drivers of Performance in the Hospitality Industry: A Study of Selected Hotels in Awka, Anambra State" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-5, August 2019, pp.254-260, URL: https://www.ijtsrd.com/papers/ijtsrd25296.pdf

This study examined innovations as drivers of performance in the hospitality industry: A study of selected in Awka, Anambra State. Specifically, the study modelled the effect of product innovation, process innovation, marketing innovation and organizational innovation on the performance of hotels in Awaka, Anambra State using descriptive statistics and econometric regression model of the ordinary least square. Findings revealed that product innovation, process innovation, marketing innovation and organizational innovation are significant determinants of performance in the selected hotels in Awka. They also show a positive relationship with the performance of the hotels; the joint effect of the explanatory variable in the model account for 85% of the variations in the performance of the hotels. Based on the analysis and findings of this study, the researcher therefore recommends that: Management of hotels should strive to hire managers who are innovative and proactive in improving service delivery processes on a continuing and consistent basis. This will enable the hotels to remain competitive. Staff with the cognate academic background and experience should be employed to manage hotels. This is because they are the people that are in a better position to initiate innovative ideas. Hotels in Awka should engage the services of management consultants for their strategic plans and the attendant implementation strategy on the various key drivers of innovation, in order to enhance their performance and become competitive in the market.

Product Innovation, Process Innovation, Marketing Innovation and Organizational Innovation, Hospitality Industry, Hotels


IJTSRD25296
Volume-3 | Issue-5, August 2019
254-260
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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