Author
Listed:
- Orlando Troisi
- Anna Visvizi
- Mara Grimaldi
Abstract
Purpose - Digitalization accelerates the need of tourism and hospitality ecosystems to reframe business models in line with a data-driven orientation that can foster value creation and innovation. Since the question of data-driven business models (DDBMs) in hospitality remains underexplored, this paper aims at (1) revealing the key dimensions of the data-driven redefinition of business models in smart hospitality ecosystems and (2) conceptualizing the key drivers underlying the emergence of innovation in these ecosystems. Design/methodology/approach - The empirical research is based on semi-structured interviews collected from a sample of hospitality managers, employed in three different accommodation services, i.e. hotels, bed and breakfast (B&Bs) and guesthouses, to explore data-driven strategies and practices employed on site. Findings - The findings allow to devise a conceptual framework that classifies the enabling dimensions of DDBMs in smart hospitality ecosystems. Here, the centrality of strategy conducive to the development of data-driven innovation is stressed. Research limitations/implications - The study thus developed a conceptual framework that will serve as a tool to examine the impact of digitalization in other service industries. This study will also be useful for small and medium-sized enterprises (SMEs) managers, who seek to understand the possibilities data-driven management strategies offer in view of stimulating innovation in the managers' companies. Originality/value - The paper reinterprets value creation practices in business models through the lens of data-driven approaches. In this way, this paper offers a new (conceptual and empirical) perspective to investigate how the hospitality sector at large can use the massive amounts of data available to foster innovation in the sector.
Suggested Citation
Orlando Troisi & Anna Visvizi & Mara Grimaldi, 2023.
"Digitalizing business models in hospitality ecosystems: toward data-driven innovation,"
European Journal of Innovation Management, Emerald Group Publishing Limited, vol. 26(7), pages 242-277, April.
Handle:
RePEc:eme:ejimpp:ejim-09-2022-0540
DOI: 10.1108/EJIM-09-2022-0540
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