International Journal of Application or Innovation in Engineering & Management
An Inspiration for Recent Innovation & Research….
ISSN 2319 – 4847
www.ijaiem.org

Call for Paper, Published Articles, Indexing Infromation The Nexus of Outsourcing Services and Profitability: Evidence from Hotel Industries in Nigeria , Authors : Nwakoby Nkiru Peace, Okoye Janefrances N., Ihediwa Augustina, International Journal of Application or Innovation in Engineering & Management (IJAIEM), www.ijaiem.org
Volume & Issue no: Volume 9, Issue 5, May 2020

Title:
The Nexus of Outsourcing Services and Profitability: Evidence from Hotel Industries in Nigeria
Author Name:
Nwakoby Nkiru Peace, Okoye Janefrances N., Ihediwa Augustina
Abstract:
Abstract This present study ascertained the effect of outsourcing services strategies on the profitability of Hotel industry in Nigeria. The study employed Ex post facto research design for the study. A sample of three hotels industries in Nigeria was used and data were collected from annual accounts of these three hotels and hypotheses were tested using regression analysis with aid of e-view version 9.0. The study revealed that outsourcing of advertising services has positive effect but not statistically significant on profitability of Hotel industry in Nigeria; outsourcing legal services has negative effect but not statistically significant on profitability of Hotel industry in Nigeria and outsourcing technology services has positive effect but not statistically significant on profitability of Hotel industry in Nigeria. Based on the findings, the study recommended among others that electronic means of advertising services should advance for the new and existing products and services of the organization in order to enhance his or her customers patronage. Keywords: Advertising Services, Legal Services, Technology Services and Profitability
Cite this article:
Nwakoby Nkiru Peace, Okoye Janefrances N., Ihediwa Augustina , " The Nexus of Outsourcing Services and Profitability: Evidence from Hotel Industries in Nigeria " , International Journal of Application or Innovation in Engineering & Management (IJAIEM), Volume 9, Issue 5, May 2020 , pp. 040-048 , ISSN 2319 - 4847.
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