ANTECEDENTS AND CONSEQUENCES OF SUSTAINABILITY PERFORMANCE IN TOURISM INDUSTRY

Abstract

Purpose- The idea of sustainability performance has grown significantly in importance for both practitioners and academicians as a result of the growing interest in environmental corporate operations in today's competitive climate. Companies in the travel and hospitality industries have also paid close attention to sustainability performance. To achieve sustainable performance, businesses in the tourism sector realize social, environmental, and economic components at the same time. This study aims to explore the antecedents and consequences of sustainable performance in tourism industry. Methodology- The study employs a literature review on articles concerning sustainability performance of tourism firms. The present research endeavors to synthesize the stream of literature on sustainability performance in the field of tourism published between 2018 and 2022. The relevant studies were systematically analyzed on the basis of the data gathered from the Scopus database. Findings- The findings of the study are presented along with the coding frame in three main sections: Research scope, research methodology, and empirical issues including antecedents and consequences of sustainability performance of tourism firms. The antecedents of environmental sustainability are categorized into four sub-categories namely ecology-related, resource-related, product-related, and management-related antecedents. The antecedents of economic sustainability is classified into four sub-categories namely consumer- related, marketing-related, financial and organizational antecedents. Social sustainability antecedents are summarized into four categories namely employee-related, community-related, stakeholder-related, and visitor-related antecedents. Further, sustainable performance is significantly related to high financial performance, market performance, perceived credibility and organizational culture. Conclusion- Tourism firms and destinations should concentrate on ecology-related antecedents, financial and marketing-related antecedents, employee-related and community-related antecedents in order to achieve sustainable performance. Although there are many studies that focus on the causes of sustainable performance, few researchers look into the results of sustainable performance. The effects of sustainable performance should be studied in further research. Keywords: Sustainability performance, environmental performance, tourism industry, antecedents, indicators JEL Codes: L25, L83, Q01