Indonesian Journal of Innovation and Applied Sciences (IJIAS)
Vol. 1 No. 1 (2021): February-May

Comparative Analysis of Revenue Generation and Management of Hotels in Different Locations in Ilorin, Nigeria

Modupe Falabi (School of Tourist, Hospitality and Events Management, Kwara State University, Malete, Ilorin)
Afolabi F.I (Department of Tourism and Hospitality Management, Ekiti State University, Nigeria)



Article Info

Publish Date
25 Feb 2021

Abstract

Hoteliers clearly believe that location is important for a hotel, and have market research evidence to support this. However, almost nothing has been done to enable this issue to be incorporated into revenue generation. There is a gap in the literature relating to analysis from a location-side approach for increase revenue. This study therefore is untaken to compare revenue generation of hotels with different locations in Ilorin, Nigeria. Two research instruments were used in the study. The first research indictment is the use of a Geographical Positioning System (GPS) while the second is the use of questionnaire. The results of the hypotheses tested shows that there is a significant difference in revenue generated by hotels located in City Centre, sub-urban and highways in Ilorin, significant difference between level of patronage by hotels located in city Centre, sub-urban and highways in Ilorin ; no significant difference in pricing among hotels located in city Centre, sub-urban and highways in Ilorin; significant difference between pricing of services and revenue generated by hotels located in city Centre, sub-urban and highways in Ilorin. The study concludes that revenue will increase if proper management of hotels is being ensured regardless of the hotel locations.

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Journal Info

Abbrev

ijias

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering Mathematics Social Sciences

Description

AIM Indonesian Journal of Innovation and Applied Sciences (IJIAS) is an International Journal, Peer-Reviewed, and Open Access which is devoted to disseminating the results of community service, innovation research, and research results in applied sciences. IJIAS does not accept a critical review ...