ACHIEVING SUSTAINABLE COMPETITIVE ADVANTAGE IN THE METAVERSE: ROLES OF INTELLECTUAL CAPITAL AND SERVICE INNOVATION PERFORMANCE IN HOTELS

The concept of the "metaverse" has the potential to fundamentally alter interactions between hotels and individuals within fully connected virtual worlds. This study investigates how Virtual Human Resource Development (VHRD) practices contribute to enhancing Sustainable Competitive Advan...

Full description

Saved in:
Bibliographic Details
Main Authors: Omar ALSETOOHY, Samar SHEIKHELSOUK, Omaima MUNAWAR ALBADRY, Viju MATHEW, Fuad MOHAMMED ALHAMDI, Mahmoud ABOU KAMAR
Format: Article
Language:English
Published: Editura Universităţii din Oradea 2024-08-01
Series:Geo Journal of Tourism and Geosites
Subjects:
Online Access:https://gtg.webhost.uoradea.ro/PDF/GTG-3-2024/gtg.55323-1295.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1832542290877349888
author Omar ALSETOOHY
Samar SHEIKHELSOUK
Omaima MUNAWAR ALBADRY
Viju MATHEW
Fuad MOHAMMED ALHAMDI
Mahmoud ABOU KAMAR
author_facet Omar ALSETOOHY
Samar SHEIKHELSOUK
Omaima MUNAWAR ALBADRY
Viju MATHEW
Fuad MOHAMMED ALHAMDI
Mahmoud ABOU KAMAR
author_sort Omar ALSETOOHY
collection DOAJ
description The concept of the "metaverse" has the potential to fundamentally alter interactions between hotels and individuals within fully connected virtual worlds. This study investigates how Virtual Human Resource Development (VHRD) practices contribute to enhancing Sustainable Competitive Advantage (SCA) in hotels, with consideration of the mediating roles of Intellectual Capital (IC) and Service Innovation Performance (SIP). Data were collected from employees in green hotels in Egypt. Using SmartPLS-SEM, our findings reveal a significant indirect relationship between VHRD and hotel SCA. Furthermore, the study confirms a positive correlation among VHRD, IC, and SIP. Crucially, our results demonstrate that both IC and SIP play positive mediating roles in linking VHRD practices to a hotel's SCA. Hotels should encourage innovative thinking and actions among their employees by integrating virtualized real-life scenarios into HRD practices through IC and SIP to achieve short and long-term SCA objectives.
format Article
id doaj-art-1bf8da03d5664c33bcc70334d1a4f5c1
institution Kabale University
issn 2065-0817
2065-1198
language English
publishDate 2024-08-01
publisher Editura Universităţii din Oradea
record_format Article
series Geo Journal of Tourism and Geosites
spelling doaj-art-1bf8da03d5664c33bcc70334d1a4f5c12025-02-04T07:00:31ZengEditura Universităţii din OradeaGeo Journal of Tourism and Geosites2065-08172065-11982024-08-015531227124210.30892/gtg.55323-1295ACHIEVING SUSTAINABLE COMPETITIVE ADVANTAGE IN THE METAVERSE: ROLES OF INTELLECTUAL CAPITAL AND SERVICE INNOVATION PERFORMANCE IN HOTELSOmar ALSETOOHY0Samar SHEIKHELSOUK1Omaima MUNAWAR ALBADRY2Viju MATHEW3Fuad MOHAMMED ALHAMDI4Mahmoud ABOU KAMAR5Hotel Management Department, Faculty of Tourism and Hotels, University of Sadat City, Sadat City, Egypt, e-mail: omar.alsetoohy@fth.usc.edu.egBusiness Administration Department, Faculty of Commerce, Menofia University, Shebin Elkom, Egypt, e-mail: samarm000@commerce.menofia.edu.egManagement and Marketing Department, College of Business, Jazan University, Jazan, Kingdom of Saudi Arabia, e-mail: oalbadry@jazanu.edu.saCollege of Economics and Business Administration, University of Technology and Applied Sciences, Salalah, Sultanate of Oman, e-mail: mathew.v23@gmail.com, viju@utas.edu.omDepartment of Management, College of Business Administration in Hawtat Bani Tamim, Prince Sattam bin Abdulaziz University, Kingdom of Saudi Arabia, e-mail: f.alhamdi@psau.edu.saHotel Management Department, Faculty of Tourism and Hotels, University of Sadat City, Sadat City, Egypt, e-mail: mahmoud.aboukamar@fth.usc.edu.egThe concept of the "metaverse" has the potential to fundamentally alter interactions between hotels and individuals within fully connected virtual worlds. This study investigates how Virtual Human Resource Development (VHRD) practices contribute to enhancing Sustainable Competitive Advantage (SCA) in hotels, with consideration of the mediating roles of Intellectual Capital (IC) and Service Innovation Performance (SIP). Data were collected from employees in green hotels in Egypt. Using SmartPLS-SEM, our findings reveal a significant indirect relationship between VHRD and hotel SCA. Furthermore, the study confirms a positive correlation among VHRD, IC, and SIP. Crucially, our results demonstrate that both IC and SIP play positive mediating roles in linking VHRD practices to a hotel's SCA. Hotels should encourage innovative thinking and actions among their employees by integrating virtualized real-life scenarios into HRD practices through IC and SIP to achieve short and long-term SCA objectives.https://gtg.webhost.uoradea.ro/PDF/GTG-3-2024/gtg.55323-1295.pdfvhrdsustainable competitive advantageintellectual capitalservice innovation performancegreen hotelsmetaverse
spellingShingle Omar ALSETOOHY
Samar SHEIKHELSOUK
Omaima MUNAWAR ALBADRY
Viju MATHEW
Fuad MOHAMMED ALHAMDI
Mahmoud ABOU KAMAR
ACHIEVING SUSTAINABLE COMPETITIVE ADVANTAGE IN THE METAVERSE: ROLES OF INTELLECTUAL CAPITAL AND SERVICE INNOVATION PERFORMANCE IN HOTELS
Geo Journal of Tourism and Geosites
vhrd
sustainable competitive advantage
intellectual capital
service innovation performance
green hotels
metaverse
title ACHIEVING SUSTAINABLE COMPETITIVE ADVANTAGE IN THE METAVERSE: ROLES OF INTELLECTUAL CAPITAL AND SERVICE INNOVATION PERFORMANCE IN HOTELS
title_full ACHIEVING SUSTAINABLE COMPETITIVE ADVANTAGE IN THE METAVERSE: ROLES OF INTELLECTUAL CAPITAL AND SERVICE INNOVATION PERFORMANCE IN HOTELS
title_fullStr ACHIEVING SUSTAINABLE COMPETITIVE ADVANTAGE IN THE METAVERSE: ROLES OF INTELLECTUAL CAPITAL AND SERVICE INNOVATION PERFORMANCE IN HOTELS
title_full_unstemmed ACHIEVING SUSTAINABLE COMPETITIVE ADVANTAGE IN THE METAVERSE: ROLES OF INTELLECTUAL CAPITAL AND SERVICE INNOVATION PERFORMANCE IN HOTELS
title_short ACHIEVING SUSTAINABLE COMPETITIVE ADVANTAGE IN THE METAVERSE: ROLES OF INTELLECTUAL CAPITAL AND SERVICE INNOVATION PERFORMANCE IN HOTELS
title_sort achieving sustainable competitive advantage in the metaverse roles of intellectual capital and service innovation performance in hotels
topic vhrd
sustainable competitive advantage
intellectual capital
service innovation performance
green hotels
metaverse
url https://gtg.webhost.uoradea.ro/PDF/GTG-3-2024/gtg.55323-1295.pdf
work_keys_str_mv AT omaralsetoohy achievingsustainablecompetitiveadvantageinthemetaverserolesofintellectualcapitalandserviceinnovationperformanceinhotels
AT samarsheikhelsouk achievingsustainablecompetitiveadvantageinthemetaverserolesofintellectualcapitalandserviceinnovationperformanceinhotels
AT omaimamunawaralbadry achievingsustainablecompetitiveadvantageinthemetaverserolesofintellectualcapitalandserviceinnovationperformanceinhotels
AT vijumathew achievingsustainablecompetitiveadvantageinthemetaverserolesofintellectualcapitalandserviceinnovationperformanceinhotels
AT fuadmohammedalhamdi achievingsustainablecompetitiveadvantageinthemetaverserolesofintellectualcapitalandserviceinnovationperformanceinhotels
AT mahmoudaboukamar achievingsustainablecompetitiveadvantageinthemetaverserolesofintellectualcapitalandserviceinnovationperformanceinhotels