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Covid-19 and Small Lodging Establishments: A Break-even Calibration Analysis (CBA) Model
Document Type
Article
Publication Date
4-2021
Keywords
COVID-19, Small lodging establishments, CB analysis, Recovery, Operational sensitivity, Florida
DOI
https://doi.org/10.1016/j.ijhm.2020.102814
Abstract
The COVID-19 pandemic foiled the hospitality industry offering no clear insight as to what to expect regarding the emergence of possible new industry standards as likely corollaries of the pandemic. The accommodation sector is one of the most affected sectors in the hospitality industry, especially small lodging establishments incurring the most dramatic brunt of the pandemic’s long-tail effects. This study employed a breakeven (BC) analysis to examine the pandemic's opportunity cost and the financial resilience efforts that SLEs should undertake to bounce back or bounce forward. The case study centers on the Superior Small Lodgings (SSL) of Florida, USA. The results suggest that the opportunity cost varies depending on the SLE profiles, and hence resilience approaches should consider heterogeneous business responses.
Citation / Publisher Attribution
International Journal of Hospitality Management, v. 94, art. 102814
Scholar Commons Citation
Rivera, Manuel; Kizildag, Murat; and Croes, Robertico, "Covid-19 and Small Lodging Establishments: A Break-even Calibration Analysis (CBA) Model" (2021). All publications. 138.
https://digitalcommons.usf.edu/usf_fcrc_all/138
