Analysis of Board Composition and Performance of Five-Star Hotels in Kenya
DOI:
https://doi.org/10.70619/vol2iss1pp43-52Keywords:
Board Composition, Performance, Five Star HotelsAbstract
The hospitality industry plays a critical role in a country’s economic development. In Kenya, even though the sector is the second largest foreign exchange earner the industry faces a myriad of challenges. The purpose of the study was to assess the relationship between board composition and the performance of five-star hotels in Kenya. The study was anchored on the situational leadership theory. The study adopted a descriptive research design. The findings revealed that board composition had a positive and significant effect on the performance of five-star hotels. The study concluded that there exists a positive significant relationship between board composition and performance of five-star hotels in Kenya. The study recommends that board composition needs to be facilitated to improve the performance of five-star hotels in Kenya. This could go a long way in ensuring there is improved performance of five-star hotels in Kenya.
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Copyright (c) 2022 Mariam Muhando, Prof. Wario Guyo (PhD) , Dr. Makori Moronge (PhD)
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