Creating sustainable value in the hospitality industry: a (critical) multi-stakeholder study in the Dominican Republic |
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Authors: | Felipe Pérez-Pineda Jose M. Alcaraz Carlos Colón |
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Affiliation: | 1. INCAE Business School, Campus Francisco de Sola, Managua, Nicaragua;2. School of Business and Governance, Murdoch University, Perth, Australia;3. UNIBE, UNIBE Recinto Cap Cana, Punta Cana, The Dominican Republic |
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Abstract: | This paper identifies sustainable initiatives reported by “sustainability-champion” hotels in the Dominican Republic, while contrasting them against the views of key stakeholders. We adapt and apply Hart and Milstein's Sustainable Value Framework, and complement it with a Critical Management Studies approach. Our analysis relies on a mixed-methods approach (non-hierarchical k-means cluster analysis, as well as thematic and content analysis). Findings indicate that most hotels are engaging more actively in present-oriented strategies such as pollution prevention (especially, the international hotels) and in product/service stewardship. However, in the future-oriented strategies, hotels owned by local investors show higher commitment to both clean technology and innovation, and to the sustainability vision (as the firm's growth path). In addition, although the views of multiple stakeholders show a clear acknowledgment of the hospitality industry's sustainability efforts (particularly regarding education and environmental protection), they also offer differing views about the ultimate impact and value of those efforts for them and for the broader society. Our study offers a new theoretical lens to explore multi-stakeholder approaches and offers practical implications for the Dominican Republic's National Strategy for Development 2010–2030, as well as implications that may be of use for other tourism-dependent countries. |
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Keywords: | Sustainable Value Framework Critical Management Studies hospitality industry stakeholders mixed-methods research the Dominican Republic |
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