Research on High-Quality Development Strategies for the Homestay Industry from the Perspective of Value Chain

This study uses value chain analysis to examine the basic and supporting activities in the homestay industry, explore the challenges present in the value chain activities, and offer recommendations. The study points out that homestay businesses should focus on core competencies and implement a series of measures to achieve value creation and cost control. Additionally, optimizing the policy environment and applying sustainable development are crucial for the transformation and upgrading of the homestay industry. The results provide practical guidance for the industry to achieve sustainable development in an increasingly competitive market.

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Publication Details

Journal
Advances in Economics Management and Political Sciences
Published
2024-09-27
DOI
https://doi.org/10.54254/2754-1169/112/20242802
Primary Topic
Global Trade and Competitiveness
Type
article
Field-Weighted Citation Impact
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article

Research on High-Quality Development Strategies for the Homestay Industry from the Perspective of Value Chain

Qingying Duan
Advances in Economics Management and Political Sciences
Global Trade and Competitiveness
article

Research on High-Quality Development Strategies for the Homestay Industry from the Perspective of Value Chain

Qingying Duan
article en

Abstract

This study uses value chain analysis to examine the basic and supporting activities in the homestay industry, explore the challenges present in the value chain activities, and offer recommendations. The study points out that homestay businesses should focus on core competencies and implement a series of measures to achieve value creation and cost control. Additionally, optimizing the policy environment and applying sustainable development are crucial for the transformation and upgrading of the homestay industry. The results provide practical guidance for the industry to achieve sustainable development in an increasingly competitive market.

Advances in Economics Management and Political SciencesVol. 112(1)
Tianjin University of Science and Technology (CN)
Industry, innovation and infrastructure
Openalex Percentile: Top 68%
Global Trade and Competitiveness
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