The influence of key success factors on business growth for tourism business along Thailand’s Andaman coast: moderating role of location

Purpose – This research aimed to examine the influences of key success factors on business growth. Additionally, it aimed to examine the moderating role of the location of the tourism enterprise. Design – Multiple regression was used and a variable selection tool was employed to test a statistic...

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Main Authors: Wipada Thaothampitak, Sippavit WongsuwattSUWATT, Therdchai Choibamroong
Format: Article
Language:English
Published: Faculty of tourism and hospitality management 2023-04-01
Series:Tourism and Hospitality Management
Subjects:
Online Access:https://thm.fthm.hr/images/issues/vol29no2/4_Thaothampitak_Wongsuwatt_Choibamroong
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author Wipada Thaothampitak
Sippavit WongsuwattSUWATT
Therdchai Choibamroong
author_facet Wipada Thaothampitak
Sippavit WongsuwattSUWATT
Therdchai Choibamroong
author_sort Wipada Thaothampitak
collection DOAJ
description Purpose – This research aimed to examine the influences of key success factors on business growth. Additionally, it aimed to examine the moderating role of the location of the tourism enterprise. Design – Multiple regression was used and a variable selection tool was employed to test a statistical model both for the aggregate and in the context of individual provinces. Methodology – Quantitative research methods were used in this research. Approach – The convenience sampling method was used. Data was collected from fourhundred and nineteen tourism enterprises along the Andaman Coast in Thailand using online and in-person questionnaires. Findings – The results showed a positive influence of some dimensions of key success factors on business growth during the pandemic crisis COVID -19. In addition, the results showed that business location played a positive moderating role. Originality of the research – Key success factors are important concepts for business models to improve and increase the growth of a company. However, there are few studies that attempt to find out the key success factors in the context of tourism businesses that have been significantly affected by the COVID -19 pandemic. Therefore, this research aims to fill a gap in academic and practical discussions and implications.
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spelling doaj.art-ea39f074305c49f48b41e598e1dc30aa2023-06-27T08:56:06ZengFaculty of tourism and hospitality managementTourism and Hospitality Management1330-75331847-33772023-04-0129219720810.20867/thm.29.2.4The influence of key success factors on business growth for tourism business along Thailand’s Andaman coast: moderating role of locationWipada Thaothampitak0https://orcid.org/0009-0008-2099-6964Sippavit WongsuwattSUWATT1https://orcid.org/0009-0003-5344-6911Therdchai Choibamroong2https://orcid.org/0000-0002-4734-5845Prince of Songkla University, Trang Campus Faculty of Commerce and Management 102 Moo 6, Kuan Pring, Mueang, Trang, ThailandPrince of Songkla University, Trang Campus Faculty of Commerce and Management 102 Moo 6, Kuan Pring, Mueang, Trang, ThailandNational Institute of Development Administration Graduate School of Tourism Management 148 Moo 3, Khlong Chan, Bang Kapi, Bangkok, ThailandPurpose – This research aimed to examine the influences of key success factors on business growth. Additionally, it aimed to examine the moderating role of the location of the tourism enterprise. Design – Multiple regression was used and a variable selection tool was employed to test a statistical model both for the aggregate and in the context of individual provinces. Methodology – Quantitative research methods were used in this research. Approach – The convenience sampling method was used. Data was collected from fourhundred and nineteen tourism enterprises along the Andaman Coast in Thailand using online and in-person questionnaires. Findings – The results showed a positive influence of some dimensions of key success factors on business growth during the pandemic crisis COVID -19. In addition, the results showed that business location played a positive moderating role. Originality of the research – Key success factors are important concepts for business models to improve and increase the growth of a company. However, there are few studies that attempt to find out the key success factors in the context of tourism businesses that have been significantly affected by the COVID -19 pandemic. Therefore, this research aims to fill a gap in academic and practical discussions and implications.https://thm.fthm.hr/images/issues/vol29no2/4_Thaothampitak_Wongsuwatt_Choibamroongandaman coastbusinessentrepreneurgrowthkey success factortourism
spellingShingle Wipada Thaothampitak
Sippavit WongsuwattSUWATT
Therdchai Choibamroong
The influence of key success factors on business growth for tourism business along Thailand’s Andaman coast: moderating role of location
Tourism and Hospitality Management
andaman coast
business
entrepreneur
growth
key success factor
tourism
title The influence of key success factors on business growth for tourism business along Thailand’s Andaman coast: moderating role of location
title_full The influence of key success factors on business growth for tourism business along Thailand’s Andaman coast: moderating role of location
title_fullStr The influence of key success factors on business growth for tourism business along Thailand’s Andaman coast: moderating role of location
title_full_unstemmed The influence of key success factors on business growth for tourism business along Thailand’s Andaman coast: moderating role of location
title_short The influence of key success factors on business growth for tourism business along Thailand’s Andaman coast: moderating role of location
title_sort influence of key success factors on business growth for tourism business along thailand s andaman coast moderating role of location
topic andaman coast
business
entrepreneur
growth
key success factor
tourism
url https://thm.fthm.hr/images/issues/vol29no2/4_Thaothampitak_Wongsuwatt_Choibamroong
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