Pub Date : 1900-01-01DOI: 10.37421/2169-026X.2021.10.311
Babangida shehu
The issues of entrepreneurship development and employment generation continue to receive high attention because of their impact on unemployment and poverty reduction in many parts of the world. The National Directorate of Employment was introduced by government in its efforts toward employment generation. In furtherance of attempts toward tackling unemployment, addressing issues of poverty and vulnerability and promoting inclusive finance at the grass-root levels, the Directorate has a Special Micro Empowerment Scheme, which is aimed at promoting social inclusion and job creation. Micro, Small and Medium enterprises such as water/beverage sales, shoemaking, shining, carpentry, tailoring, mechanic among other vocations account for about 99.6 percent of registered businesses in Nigeria by which about 63 percent of the labor force earn a living. The Directorate has created over 2.076 million employments since it was established. The NDEs one million job creation program remains a wonderful idea in employment generation. The survey research method was used for the study. Surveys refer to an investigation of events that exist at the time of the research and connected with some problem situations that is felt over a wide area. Data analysis was done through Pearson’s techniques. The result showed a very strong positive correlation between entrepreneurship development and employment generation. This is the aim of the study. The various employment creation programmes of the NDE are designed to provide training in critical skills required to make an unemployed person either employable or self-employed. Emphasis is placed on self-employment as against paid employment as a stimulus to engender entrepreneurial spirit and create wealth. To support this concept, the Directorate provides demonstrative soft loans to outstanding beneficiaries of her various programmes. Innovation includes the doing of new things and the doing of things that are already being done in a new way. He developed his concept which is now elevated to a school of thought. This school believes in two things – entrepreneurial role, and managerial role. The entrepreneurial role involves making strategically important and innovative decisions; managerial role involves maintaining routine operations of the enterprise. Fortunately, this coincides with the contemporary view regarding an entrepreneur as a person who makes strategic and innovative decisions in the dayto-day management of a business. Consequently, the theory of profitability has often been used to explain entrepreneurship earnings (AKANWA; AGU, 2005, DEBELAK, 2006).
{"title":"An analysis of entrepreneurship development and employment generation in Nigeria: a study of national directorate of employment generation","authors":"Babangida shehu","doi":"10.37421/2169-026X.2021.10.311","DOIUrl":"https://doi.org/10.37421/2169-026X.2021.10.311","url":null,"abstract":"The issues of entrepreneurship development and employment generation continue to receive high attention because of their impact on unemployment and poverty reduction in many parts of the world. The National Directorate of Employment was introduced by government in its efforts toward employment generation. In furtherance of attempts toward tackling unemployment, addressing issues of poverty and vulnerability and promoting inclusive finance at the grass-root levels, the Directorate has a Special Micro Empowerment Scheme, which is aimed at promoting social inclusion and job creation. Micro, Small and Medium enterprises such as water/beverage sales, shoemaking, shining, carpentry, tailoring, mechanic among other vocations account for about 99.6 percent of registered businesses in Nigeria by which about 63 percent of the labor force earn a living. The Directorate has created over 2.076 million employments since it was established. The NDEs one million job creation program remains a wonderful idea in employment generation. The survey research method was used for the study. Surveys refer to an investigation of events that exist at the time of the research and connected with some problem situations that is felt over a wide area. Data analysis was done through Pearson’s techniques. The result showed a very strong positive correlation between entrepreneurship development and employment generation. This is the aim of the study. The various employment creation programmes of the NDE are designed to provide training in critical skills required to make an unemployed person either employable or self-employed. Emphasis is placed on self-employment as against paid employment as a stimulus to engender entrepreneurial spirit and create wealth. To support this concept, the Directorate provides demonstrative soft loans to outstanding beneficiaries of her various programmes. \u0000 \u0000Innovation includes the doing of new things and the doing of things that are already being done in a new way. He developed his concept which is now elevated to a school of thought. This school believes in two things – entrepreneurial role, and managerial role. The entrepreneurial role involves making strategically important and innovative decisions; managerial role involves maintaining routine operations of the enterprise. Fortunately, this coincides with the contemporary view regarding an entrepreneur as a person who makes strategic and innovative decisions in the dayto-day management of a business. Consequently, the theory of profitability has often been used to explain entrepreneurship earnings (AKANWA; AGU, 2005, DEBELAK, 2006).","PeriodicalId":113459,"journal":{"name":"Journal of Hotel & Business Management","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123866977","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.4172/2169-0286.1000187
Devaraja Ts, K. Deepak
Tourism is one of the fast moving businesses in the world. Due to different reasons, people plan for tour for getting some different exposure in the environment. This study focus on how tour operators and tourists build relation for development of tourism industry. Tour operators and tour guides are major stakeholders during production and operation of organized package tours. However, the relationship between them received little attention in tourism literature. This study intends to identify the dimensions of the relationship between the two parties and importance attained to different guiding roles both by tour operators and guides. It also explores the attitude gaps between tour operators and guides on various guiding attributes. Numerous differences in perceptions were identified regarding importance attained to foreign language skills, group cohesion, holiday experience creation, entertainment, representation skills, contract compliance, image creation, itinerary compliance and identification with tour operators.
{"title":"Relationship between Tour Operators and Tourists towards Development of Tourism in India - A Study on Mysore District, Karnataka","authors":"Devaraja Ts, K. Deepak","doi":"10.4172/2169-0286.1000187","DOIUrl":"https://doi.org/10.4172/2169-0286.1000187","url":null,"abstract":"Tourism is one of the fast moving businesses in the world. Due to different reasons, people plan for tour for getting some different exposure in the environment. This study focus on how tour operators and tourists build relation for development of tourism industry. Tour operators and tour guides are major stakeholders during production and operation of organized package tours. However, the relationship between them received little attention in tourism literature. This study intends to identify the dimensions of the relationship between the two parties and importance attained to different guiding roles both by tour operators and guides. It also explores the attitude gaps between tour operators and guides on various guiding attributes. Numerous differences in perceptions were identified regarding importance attained to foreign language skills, group cohesion, holiday experience creation, entertainment, representation skills, contract compliance, image creation, itinerary compliance and identification with tour operators.","PeriodicalId":113459,"journal":{"name":"Journal of Hotel & Business Management","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125515546","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.4172/2169-0286.1000e109
Jamaluddin Mr
Branding has long been an interesting area for marketers. The ability of branding to endorse behavioral intention requires special emphasize in determining how powerful branding acts to support top notch creations. In the hotel industry, several concepts have exceptionally proven like personality, experiential value, social responsibility, and green branding. Somehow, the research effort in the branding topic remains imperative and received special attention from scholars especially to tackle the question of “How to build a strong brand?”, “How the strong brand maximizes customer satisfaction?” and “How the strong brand will in turn endorse behavioral intention?”
{"title":"Competing on Branding","authors":"Jamaluddin Mr","doi":"10.4172/2169-0286.1000e109","DOIUrl":"https://doi.org/10.4172/2169-0286.1000e109","url":null,"abstract":"Branding has long been an interesting area for marketers. The ability of branding to endorse behavioral intention requires special emphasize in determining how powerful branding acts to support top notch creations. In the hotel industry, several concepts have exceptionally proven like personality, experiential value, social responsibility, and green branding. Somehow, the research effort in the branding topic remains imperative and received special attention from scholars especially to tackle the question of “How to build a strong brand?”, “How the strong brand maximizes customer satisfaction?” and “How the strong brand will in turn endorse behavioral intention?”","PeriodicalId":113459,"journal":{"name":"Journal of Hotel & Business Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129819530","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.35248/2169-0286.20.8.198
Nesrine Khazami
The global epidemic of Corona's novel has not only paralyzed the entire social fabric but has also threatened globalization and the global reach of the business. Surprisingly, the potential impacts and alternatives are still uncertain. Our objective for this paper is to give some clarifications concerning the impact of COVID-19 on the tourism industry and especially in Tunisia and to show the three most promising axes that the Tunisian government must take into consideration during refresh their tourism season.The global epidemic of Corona's novel has not only paralyzed the entire social fabric but has also threatened globalization and the global reach of the business. Surprisingly, the potential impacts and alternatives are still uncertain. Our objective for this paper is to give some clarifications concerning the impact of COVID-19 on the tourism industry and especially in Tunisia and to show the three most promising axes that the Tunisian government must take into consideration during refresh their tourism season.
{"title":"Pandemic and Tourism : Re-preparation of tourism post COVID- 19","authors":"Nesrine Khazami","doi":"10.35248/2169-0286.20.8.198","DOIUrl":"https://doi.org/10.35248/2169-0286.20.8.198","url":null,"abstract":"The global epidemic of Corona's novel has not only paralyzed the entire social fabric but has also threatened globalization and the global reach of the business. Surprisingly, the potential impacts and alternatives are still uncertain. Our objective for this paper is to give some clarifications concerning the impact of COVID-19 on the tourism industry and especially in Tunisia and to show the three most promising axes that the Tunisian government must take into consideration during refresh their tourism season.The global epidemic of Corona's novel has not only paralyzed the entire social fabric but has also threatened globalization and the global reach of the business. Surprisingly, the potential impacts and alternatives are still uncertain. Our objective for this paper is to give some clarifications concerning the impact of COVID-19 on the tourism industry and especially in Tunisia and to show the three most promising axes that the Tunisian government must take into consideration during refresh their tourism season.","PeriodicalId":113459,"journal":{"name":"Journal of Hotel & Business Management","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126280723","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.4172/2169-0286.1000189
Ehizuelen Michael Mitchell Omoruyi, O. Emmanual, Bek Dhuorjang Choi Deng, M. Keita, Joseph Mimbale
For decades, China has been unceasingly making headway on the modality and quality of educational collaboration. This educational collaboration comes through student exchange, joint initiatives (research) and special training programs for African educational officials, as well as other long- and short-term training of Africans in China. On the other hand, in the discourse about China-Africa relations, technology transfer is one of the less investigated subjects; however, technology transfers have existed in China-Africa cooperation in the form of knowledge sharing. The paper explores the following: (i) ‘what’ are transferred through knowledge sharing; (ii) the potential for cooperation in knowledge sharing between China and African countries that are core to economic development in the areas of agriculture, medical and knowledge sharing from China’s development experience. Chinese methods of teaching ‘how to develop’ based on its own experience may help fortify the independence of African nations and build win-win cooperation for long-term development.
{"title":"The Dragonandrsquo;s Deal: Educational Development and Knowledge Sharing in China-Africa Cooperation","authors":"Ehizuelen Michael Mitchell Omoruyi, O. Emmanual, Bek Dhuorjang Choi Deng, M. Keita, Joseph Mimbale","doi":"10.4172/2169-0286.1000189","DOIUrl":"https://doi.org/10.4172/2169-0286.1000189","url":null,"abstract":"For decades, China has been unceasingly making headway on the modality and quality of educational collaboration. This educational collaboration comes through student exchange, joint initiatives (research) and special training programs for African educational officials, as well as other long- and short-term training of Africans in China. On the other hand, in the discourse about China-Africa relations, technology transfer is one of the less investigated subjects; however, technology transfers have existed in China-Africa cooperation in the form of knowledge sharing. The paper explores the following: (i) ‘what’ are transferred through knowledge sharing; (ii) the potential for cooperation in knowledge sharing between China and African countries that are core to economic development in the areas of agriculture, medical and knowledge sharing from China’s development experience. Chinese methods of teaching ‘how to develop’ based on its own experience may help fortify the independence of African nations and build win-win cooperation for long-term development.","PeriodicalId":113459,"journal":{"name":"Journal of Hotel & Business Management","volume":"298 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132529515","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.4172/2169-0286.1000e105
R. Blomme
: One of the greatest challenges for management in the hospitality industry is maintaining the quality of hospitable behavior towards guests. The industry is characterized by its division into production operations and service operations. The former concerns activities which may be defined as back-of-house work such as cooking and cleaning, and the latter can be defined as front-of-house work such as serving food and selling rooms. The integration of the two types of operations makes the hospitality sector different from other service industries. Hospitable behavior towards guests is the core activity of our business. It determines guest experience and thus contributes to competitive advantage. Hospitable behavior is characterized by a positive orientation towards guests, enthusiasm, positive energy and the willingness to recognize and meet a guest’s implicit needs. Hospitable behavior is often related to the idea that one has to be born with hospitable genes or with a hospitable personality. “You are either born with it or you are not” is a frequently used statement. Other important contributors to perceived hospitable behavior include HRM-issues such as high turnover or high levels of stress. These are often related to the notion that people who leave the sector or who endure stress are not up to work in the hospitality industry. The enormous costs related to the hospitality sector’s high turnover rates, low commitment, production losses and sick leave in combination with problems encountered in attracting talent for the industry makes it necessary to acknowledge the importance of “the human factor” as an important condition for running our business. Moreover, the fact that the hospitality industry is facing growing challenges such as globalization processes, generation differences and the integration of hospitality concepts into other industries (including hospitals, train companies and public services) makes it hard to fully appreciate the concept of hospitality and consequently hospitable behavior. These environmental and HRM challenges force us to think about a renewed definition of hospitable behavior, to examine whether such behavior can be learned or developed,
{"title":"Drivers of Hospitable Behavior: A Plea for Further Examination","authors":"R. Blomme","doi":"10.4172/2169-0286.1000e105","DOIUrl":"https://doi.org/10.4172/2169-0286.1000e105","url":null,"abstract":": One of the greatest challenges for management in the hospitality industry is maintaining the quality of hospitable behavior towards guests. The industry is characterized by its division into production operations and service operations. The former concerns activities which may be defined as back-of-house work such as cooking and cleaning, and the latter can be defined as front-of-house work such as serving food and selling rooms. The integration of the two types of operations makes the hospitality sector different from other service industries. Hospitable behavior towards guests is the core activity of our business. It determines guest experience and thus contributes to competitive advantage. Hospitable behavior is characterized by a positive orientation towards guests, enthusiasm, positive energy and the willingness to recognize and meet a guest’s implicit needs. Hospitable behavior is often related to the idea that one has to be born with hospitable genes or with a hospitable personality. “You are either born with it or you are not” is a frequently used statement. Other important contributors to perceived hospitable behavior include HRM-issues such as high turnover or high levels of stress. These are often related to the notion that people who leave the sector or who endure stress are not up to work in the hospitality industry. The enormous costs related to the hospitality sector’s high turnover rates, low commitment, production losses and sick leave in combination with problems encountered in attracting talent for the industry makes it necessary to acknowledge the importance of “the human factor” as an important condition for running our business. Moreover, the fact that the hospitality industry is facing growing challenges such as globalization processes, generation differences and the integration of hospitality concepts into other industries (including hospitals, train companies and public services) makes it hard to fully appreciate the concept of hospitality and consequently hospitable behavior. These environmental and HRM challenges force us to think about a renewed definition of hospitable behavior, to examine whether such behavior can be learned or developed,","PeriodicalId":113459,"journal":{"name":"Journal of Hotel & Business Management","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126502101","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.4172/2169-0286.1000e101
P. Wan
Firstly, a good article must start with having a good introduction. It needs to engage the readers with the manuscript content, and convince readers about the contributions and values of it. A strong theoretical rationale is required to justify the need for the research. For the case studies, a very brief introduction of the study context is also indispensable. Simply saying that “the research topic is interesting” or “no such research has been done so far” are not strong justifications. It is most often the methodology that receives the most intense criticism from reviewers. One major criticism is the lack of theoretical support to the methodology selected. For example, how is your questionnaire developed? Is it based on literature review or directly extracted from other sources? Also, how do you measure for example the degree of employees’ involvement at work? What analytical tool or dimensions do you use? Are they based on literature review? Another major criticism is the weak explanation of the method being used. The reason for selecting a particular research method is often missing and I find that some authors are purposely hiding what they perceive as weaknesses in their method. Since the data collection and data analysis method employed in the study have important implications for the interpretations of the findings, authors therefore have to give more details of the methodology used. A good methodology is often based on getting the theory right in the literature review section. For the results section, it should provide the initial answers to the research questions. It is vital to always link the research objectives to the result findings and not to lose track. A piece of research might have a lot of research findings, it is always good to summarize the findings in tables and present them in a more concise way. I find tables and charts particularly useful for summarizing findings which complements the writing. The discussion part is one of the hardest sections for me to write. This part, however, plays a crucial role in evaluating a manuscript. This discussion section often requires the author to summarize the research findings and discuss how these findings contribute to the knowledge and managerial practice. Therefore, a good discussion should/must encompass an objective interpretation of the research findings; the significant contribution of the findings to the existing body of literature and their managerial implications must be clearly stated and conveyed.
{"title":"Some Thoughts about What Makes A Good Article","authors":"P. Wan","doi":"10.4172/2169-0286.1000e101","DOIUrl":"https://doi.org/10.4172/2169-0286.1000e101","url":null,"abstract":"Firstly, a good article must start with having a good introduction. It needs to engage the readers with the manuscript content, and convince readers about the contributions and values of it. A strong theoretical rationale is required to justify the need for the research. For the case studies, a very brief introduction of the study context is also indispensable. Simply saying that “the research topic is interesting” or “no such research has been done so far” are not strong justifications. It is most often the methodology that receives the most intense criticism from reviewers. One major criticism is the lack of theoretical support to the methodology selected. For example, how is your questionnaire developed? Is it based on literature review or directly extracted from other sources? Also, how do you measure for example the degree of employees’ involvement at work? What analytical tool or dimensions do you use? Are they based on literature review? Another major criticism is the weak explanation of the method being used. The reason for selecting a particular research method is often missing and I find that some authors are purposely hiding what they perceive as weaknesses in their method. Since the data collection and data analysis method employed in the study have important implications for the interpretations of the findings, authors therefore have to give more details of the methodology used. A good methodology is often based on getting the theory right in the literature review section. For the results section, it should provide the initial answers to the research questions. It is vital to always link the research objectives to the result findings and not to lose track. A piece of research might have a lot of research findings, it is always good to summarize the findings in tables and present them in a more concise way. I find tables and charts particularly useful for summarizing findings which complements the writing. The discussion part is one of the hardest sections for me to write. This part, however, plays a crucial role in evaluating a manuscript. This discussion section often requires the author to summarize the research findings and discuss how these findings contribute to the knowledge and managerial practice. Therefore, a good discussion should/must encompass an objective interpretation of the research findings; the significant contribution of the findings to the existing body of literature and their managerial implications must be clearly stated and conveyed.","PeriodicalId":113459,"journal":{"name":"Journal of Hotel & Business Management","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122275135","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.4172/2169-0286.1000E113
U. Iqbal
Journal of Hotel and Business Management is an international peer reviewed open access journal that publishes articles related to Asset Performance, Asset Pricing, Business Ethic, Customer satisfaction, Finance Strategies, Hospitality, Hotel Management, Human Resource, Leadership, Mangement Development and Perceived Quality. The current Volume 5, Issue 2 published 10 research articles, 3 book reviews and 1 commentary.
Journal of Hotel and Business Management是一本国际同行评审的开放获取期刊，发表的文章涉及资产绩效、资产定价、商业道德、客户满意度、财务战略、酒店管理、人力资源、领导力、管理发展和感知质量。目前第5卷第2期发表了10篇研究论文，3篇书评和1篇评论。
{"title":"Financial Performance in Daily Hotel and Business Management","authors":"U. Iqbal","doi":"10.4172/2169-0286.1000E113","DOIUrl":"https://doi.org/10.4172/2169-0286.1000E113","url":null,"abstract":"Journal of Hotel and Business Management is an international peer reviewed open access journal that publishes articles related to Asset Performance, Asset Pricing, Business Ethic, Customer satisfaction, Finance Strategies, Hospitality, Hotel Management, Human Resource, Leadership, Mangement Development and Perceived Quality. The current Volume 5, Issue 2 published 10 research articles, 3 book reviews and 1 commentary.","PeriodicalId":113459,"journal":{"name":"Journal of Hotel & Business Management","volume":"256 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123263536","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.4172/2169-0286.1000185
S. Vujović, L. Arsić, J. Premović
Based on the previous theoretical research and empirical experiences and knowledge related to the development aspects of the tourism industry, it can be concluded that the basic models of financing all major projects in the tourism economy are shareholder and loan capital. Today, more as a financing technique rather than as a source of funds, especially from the aspect of how to make returns on invested capital, for investments in certain tourist destinations, it is interesting project financing. Due to the volume of investments and the duration of construction, financing of accommodation facilities and higher investments in the tourism industry, it is particularly interesting that long-term financing, that is, long-term sources of financing. In today's business conditions, in the domestic and international practice of financing large investments in the tourism industry, the model of financing from the accumulation of owns capital is very complicated or not profitable. Right on, according to the above, the aim of the research is to clarify the significance of these forms of financing when it comes to financing accommodation facilities of the tourist offer.
{"title":"Financing in Tourism: Basic Models of Financing the Accommodation Offer","authors":"S. Vujović, L. Arsić, J. Premović","doi":"10.4172/2169-0286.1000185","DOIUrl":"https://doi.org/10.4172/2169-0286.1000185","url":null,"abstract":"Based on the previous theoretical research and empirical experiences and knowledge related to the development aspects of the tourism industry, it can be concluded that the basic models of financing all major projects in the tourism economy are shareholder and loan capital. Today, more as a financing technique rather than as a source of funds, especially from the aspect of how to make returns on invested capital, for investments in certain tourist destinations, it is interesting project financing. Due to the volume of investments and the duration of construction, financing of accommodation facilities and higher investments in the tourism industry, it is particularly interesting that long-term financing, that is, long-term sources of financing. In today's business conditions, in the domestic and international practice of financing large investments in the tourism industry, the model of financing from the accumulation of owns capital is very complicated or not profitable. Right on, according to the above, the aim of the research is to clarify the significance of these forms of financing when it comes to financing accommodation facilities of the tourist offer.","PeriodicalId":113459,"journal":{"name":"Journal of Hotel & Business Management","volume":"122 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128351480","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.4172/2169-0286.1000171
K. Mg
This study investigates crisis management styles (escaping, confrontation, cooperation and containment) and their relationship to strategic planning processes in the 5-star hotels. The study used descriptive analytical method with qualitative and quantitative approaches. 190 self-administered e-mail questionnaires are sent to all the general managers at the Egyptian five-star hotels. The results indicated that there is a statistically significant correlation and effect relationship between strategic planning processes and crisis management styles, which was negative between strategic planning and escape, and is positive between strategic planning, and confrontation, cooperation and containment. The findings implied the significance role of strategic planning in times of crises to improve hotels’ ability to survive and thrive in a crisis. Manager who actively exercises strategic planning is less escapable and more able to manage the crisis either by using the style of cooperation, confrontation or containment. Hence, hotels should employ a strategic approach to crisis management by embodying crisis management planning in the strategy process. Hotels should working on making crisis management as an integral and integrated part with strategic planning. Considering and planning for both at the same time help hotels to think and plan strategically during the midst of crisis and increases their ability to manage a crisis successfully.
{"title":"The Impact of Strategic Planning on Crisis Management Styles in the 5-Star Hotels","authors":"K. Mg","doi":"10.4172/2169-0286.1000171","DOIUrl":"https://doi.org/10.4172/2169-0286.1000171","url":null,"abstract":"This study investigates crisis management styles (escaping, confrontation, cooperation and containment) and their relationship to strategic planning processes in the 5-star hotels. The study used descriptive analytical method with qualitative and quantitative approaches. 190 self-administered e-mail questionnaires are sent to all the general managers at the Egyptian five-star hotels. The results indicated that there is a statistically significant correlation and effect relationship between strategic planning processes and crisis management styles, which was negative between strategic planning and escape, and is positive between strategic planning, and confrontation, cooperation and containment. The findings implied the significance role of strategic planning in times of crises to improve hotels’ ability to survive and thrive in a crisis. Manager who actively exercises strategic planning is less escapable and more able to manage the crisis either by using the style of cooperation, confrontation or containment. Hence, hotels should employ a strategic approach to crisis management by embodying crisis management planning in the strategy process. Hotels should working on making crisis management as an integral and integrated part with strategic planning. Considering and planning for both at the same time help hotels to think and plan strategically during the midst of crisis and increases their ability to manage a crisis successfully.","PeriodicalId":113459,"journal":{"name":"Journal of Hotel & Business Management","volume":"50 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123812774","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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