%0 Journal Article %T Determinants of Earnings Persistence and Predictability for Lodging Properties %A Gordon Potter %A Linda Canina %J Cornell Hospitality Quarterly %@ 1938-9663 %D 2019 %R 10.1177/1938965518791729 %X Accounting earnings are used extensively in the lodging industry for the purposes of incentive contracting, credit assessment, and valuation but we know little about the attributes of lodging properties¡¯ accounting earnings and their determinants. Two important attributes of accounting earnings are persistence and predictability, which have been identified as key components of sustainable earnings. In this study, we examine a sample for lodging properties over a lengthy time-period to investigate the property-specific determinants of the persistence and predictability of lodging properties¡¯ earnings. We find that barriers to entry, measured by the relative amount of marketing expenditures, have a positive impact on these earnings attributes. We also find that revenue diversification has a positive effect on these attributes, presumably through its impact on earnings stability. Finally, we find that resource rigidity, as measured by operating leverage and labor intensity, have a consistent dampening impact on persistence and predictability %K accounting %K earnings %K persistence %K predictability %U https://journals.sagepub.com/doi/full/10.1177/1938965518791729