The Relevance of Tourism in Financial Sustainability of Hotels
Autor(a) principal: | |
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Data de Publicação: | 2019 |
Outros Autores: | , , , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.21/10507 |
Resumo: | Artigo publicado em revista científica internacional |
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The Relevance of Tourism in Financial Sustainability of HotelsTourismFinancial sustainabilityHospitality industryArtigo publicado em revista científica internacionaltThe macroeconomic context is an extremely important factor for the growth and development of compa-nies, and for the hotel sector, being expected that the performance of hotel companies should be stronglydependent on the conditions and the macroeconomic environment where they are inserted.Using a panel data methodology, this research analyzed the growth of hotel companies, the size ofhotel companies, total number of guests in the sector, total revenues, and total income of the sector, withthe corporate indebtedness variable, given by total liabilities/total assets ratio. It is concluded that 91.5%of the average variation in the corporate indebtedness is determined by the remaining variables of thestudy, with the remaining 8.5% variation explained by other factors not specified. It is also concluded thatthere is no statistically significant difference between the values of the corporate size variable throughoutthe study, existing a negative relation between this variable and the variables corporate size, number ofguests, and tourism revenue, and a positive relation with the variables corporate growth rate and totalincome of the hospitality industry.This research provides a great contribution and enrichment of existing literature because with adetailed knowledge concerning these topics, managers’ can base their decision making on these causeand effect relationships, looking for the best decisions that will provide the highest profitability.Elsevier España, S.L.URCIPLMucharreira, Pedro RibeiroAntunes, Marina GodinhoAbranja, NunoTexeira Fernandes Justino, Maria Do RosárioTexeira Quirós, Joaquín2019-09-13T13:14:58Z2019-032019-03-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.21/10507eng2444-8834https://doi.org/10.1016/j.iedeen.2019.07.002info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-08-03T10:00:36Zoai:repositorio.ipl.pt:10400.21/10507Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T20:18:54.940461Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
The Relevance of Tourism in Financial Sustainability of Hotels |
title |
The Relevance of Tourism in Financial Sustainability of Hotels |
spellingShingle |
The Relevance of Tourism in Financial Sustainability of Hotels Mucharreira, Pedro Ribeiro Tourism Financial sustainability Hospitality industry |
title_short |
The Relevance of Tourism in Financial Sustainability of Hotels |
title_full |
The Relevance of Tourism in Financial Sustainability of Hotels |
title_fullStr |
The Relevance of Tourism in Financial Sustainability of Hotels |
title_full_unstemmed |
The Relevance of Tourism in Financial Sustainability of Hotels |
title_sort |
The Relevance of Tourism in Financial Sustainability of Hotels |
author |
Mucharreira, Pedro Ribeiro |
author_facet |
Mucharreira, Pedro Ribeiro Antunes, Marina Godinho Abranja, Nuno Texeira Fernandes Justino, Maria Do Rosário Texeira Quirós, Joaquín |
author_role |
author |
author2 |
Antunes, Marina Godinho Abranja, Nuno Texeira Fernandes Justino, Maria Do Rosário Texeira Quirós, Joaquín |
author2_role |
author author author author |
dc.contributor.none.fl_str_mv |
RCIPL |
dc.contributor.author.fl_str_mv |
Mucharreira, Pedro Ribeiro Antunes, Marina Godinho Abranja, Nuno Texeira Fernandes Justino, Maria Do Rosário Texeira Quirós, Joaquín |
dc.subject.por.fl_str_mv |
Tourism Financial sustainability Hospitality industry |
topic |
Tourism Financial sustainability Hospitality industry |
description |
Artigo publicado em revista científica internacional |
publishDate |
2019 |
dc.date.none.fl_str_mv |
2019-09-13T13:14:58Z 2019-03 2019-03-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.21/10507 |
url |
http://hdl.handle.net/10400.21/10507 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
2444-8834 https://doi.org/10.1016/j.iedeen.2019.07.002 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Elsevier España, S.L.U |
publisher.none.fl_str_mv |
Elsevier España, S.L.U |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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