The Influence of Social Media on Firm Performance of Hotels Business in Thailand

Main Article Content

Chatchai Inthasang
Phudsadee Nilsamuk

Abstract

The research objective is to examine the relationship between the effects of social media and firm performance evidence from hotel businesses in Thailand. Samples were a group of 145 marketing executives of 4-5-star hotels in Thailand through a questionnaire mail survey. The validity and reliability of research instruments were checked by experts. The result of discriminant validity tested by factor analysis shows a value between 0.794 and 0.927 and 0.826 and 0.918, which are the results of reliability’s Cronbach’s alpha coefficient test. The data received were calculated and analyzed using descriptive statistics, and multiple regressions were used to test the hypotheses.


The results of hypothesis testing found that social media has a significant and positive effect on corporate image and firm performance. Likewise, corporate image explicitly leads to firm performance. Besides, these research findings show that corporate image plays the role of a partial mediator in the effects of social media on firm performance.

Article Details

How to Cite
Inthasang, C., & Nilsamuk, P. . (2023). The Influence of Social Media on Firm Performance of Hotels Business in Thailand. Humanity and Social Science Journal, Ubon Ratchathani University, 14(2), 239–260. retrieved from https://so02.tci-thaijo.org/index.php/human_ubu/article/view/253722
Section
บทความวิจัย (Research paper)

References

Aaker, D. A., Kumar, V. & Day, G. S. (2001). Marketing Research. John Wiley Operations Research & Sons, New York, 51(4), 509-518.

Andaç, A., Akbiyuk, F. & Karkar, A. (2016). Customer satisfaction factor in digital content marketing: Isparta Province as an example. International Journal of Social Science Studies, 4(5), 124-135.

Armstrong, J. S. & Overton, T. S. (1977). Estimating nonresponse bias in mail surveys. Journal of Marketing Research, 14(3), 396-402.

Baron, R. M. & Kenny, D. A. (1986). The moderator-mediator variable distinction in social psychological research: Conceptual, strategic, and statistical considerations. Journal of Personality and Social Psychology, 51, 1173-1182.

Bughin, J. (2015). Social media rewired. Journal of Brand Strategy, 4(2), 134-142.

Chatchalermpol, A., Vajropala, L. & Pongsuwan, W. (2019). The Efficiency of Social Media of PTT Company in Corporate Image and Business Aspects.Journal of Humanities and Social Sciences Thonburi University, 13(1), 139-145.

Chon, K. S. & Maier, T. A. (2010). Welcome to Hospitality an introduction (3rd ed.). Canada: Nelson Educations.

Cooper, D. R., Schindler, P. S., & Sun, J. (2006). Business research methods (9th ed). New York: Mcgraw-hill.

GSB Research. (2020). Industry Update. https://www.gsbresearch.or.th/ wp-content/uploads/2020/07/IN_hotel_6_63_detail.pdf. (In Thai)

Djumarno, Sjafar, O. & Djamaluddin, S. (2017). The effect of brand image, product quality, and relationship marketing on customer satisfaction and loyalty. International Journal of Business Marketing and Management, 2(10), 15-24.

Deelers, S. & Ruamyo, Y. (2017). Using Social Networking Applications with Instagram through to the Success of Business in Brand Awareness. E-Journal Science and Technology Silpakorn University, 10(1), 1422-1438. (In Thai)

Hair, J.F., Black, W.C., Babin, B.J. & Anderson, R.E. (2010). Multivariate data analysis: A global perspective (7th ed.). New Jersey: Pearson Prentice Hall.

Kaur, G. (2016). Social Media Marketing. Asian Journal of Multidisciplinary Studies, 4, 34-36.

Kim, J. H. & Hyun, Y. J. (2011). A model to investigate the influence of marketing mix efforts and corporate image on brand equity. Industrial Marketing Managemen, 40(3), 424-438.

Kim, W. G., Li, J. J. & Brymer, R. A. (2016). The impact of social media reviews on restaurant performance: The moderating role of excellence certificate. International Journal of Hospitality Management, 55, 41-51.

Laksamana, P. (2020). I will always follow you: Exploring the role of customer relationship social media marketing. International Review of Management and Marketing, 10(3), 22-28.

Lamberton, C., & Stephen, A. T. (2016). A thematic exploration of digital, social media, and mobile marketing: Research evolution from 2000 to 2015 and an agenda for future inquiry. Journal of Marketing, 80(6), 146-172.

Lunkam, P. (2021, February 24). Industry outlook 2021-2023: Hotel Industry. https://www.krungsri.com/en/research/industry/industry-outlook/ services/hotels/io/io-hotel-21 (In Thai)

Ministry of Tourism and Sports. (2020). Thailand hotel standard. https://www.mots.go.th/news-view.php?nid =12937. (In Thai)

Mohamed, E. A. & Nahas, T. E. (2013). The impact of corporate image and reputation on service quality, customer satisfaction and customer loyalty: Testing the mediating role. Case analysis in and international service company. The Business & Management Review, 3(2), 177-196.

Phillips, M. (2015). Digital technology integration. In Teaching and digital technologies: Big issues and critical questions. 318-331.

Sangkaworn, C. & Mujtaba, B. G. (2012). Marketing practices of hotels and resorts in Chiang Mai: A study of products, pricing, and promotional practices. Journal of Management and Marketing Research, 1-17.

Santos, J.B. & Brito, L.A. (2012). Towards a Subjective Measurement Model for Firm Performance. Brazilian Administration review, 9(special issue), 95-117.

Tajvidi, R. & Karami, A. (2017). The effect of social media on firm performance. Computers in Human Behavior, 115, 1-10.

Thai Hotels Association. (2020). Member List. http://www.thaihotels.org/ 16750708/memberlist. (In Thai)

Treepojana, P., Inthasang, C. & Thiamjit, P. (2020). The Influence of social media on customer satisfaction of the Saveone market, Nakhon Ratchasima. Journal of Liberal Arts and Management Science Kasetsart University, 7(1), 1-12. (In Thai)