The Relevance of Tourism in Financial Sustainability of Hotels

Detalhes bibliográficos
Autor(a) principal: Mucharreira, Pedro Ribeiro
Data de Publicação: 2019
Outros Autores: Antunes, Marina Godinho, Abranja, Nuno, Texeira Fernandes Justino, Maria Do Rosário, Texeira Quirós, Joaquín
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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spelling 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)
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