Descriptive statistics for Sample A and B are presented in Table I. To test H1, Model
(1) and (2) are tested with GLM and VCA procedures on Sample A (RevPAR as the
dependent variable) and Sample B (NOIPAR as the dependent variable), respectively,
to show the existence and the degree of importance of the effects of owners on the
operating performance of hotels. In this model, R, the owner affiliation, is the focused
main effect: