prikaz prve stranice dokumenta Profitability determinants of hotel companies in selected Mediterranean countries
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Profitability determinants of hotel companies in selected Mediterranean countries
Economic research - Ekonomska istraživanja, 32 (2019), 1; 1977-1993. https://doi.org/10.1080/1331677X.2019.1642785
Dimitrić, Mira; Tomas Žiković, Ivana; Arbula Blecich, Andrea

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Dimitrić, M., Tomas Žiković, I. i Arbula Blecich, A. (2019). Profitability determinants of hotel companies in selected Mediterranean countries. Economic research - Ekonomska istraživanja, 32. (1), 1977-1993. doi: 10.1080/1331677X.2019.1642785

Dimitrić, Mira, et al. "Profitability determinants of hotel companies in selected Mediterranean countries." Economic research - Ekonomska istraživanja, vol. 32, br. 1, 2019, str. 1977-1993. https://doi.org/10.1080/1331677X.2019.1642785

Dimitrić, Mira, Ivana Tomas Žiković i Andrea Arbula Blecich. "Profitability determinants of hotel companies in selected Mediterranean countries." Economic research - Ekonomska istraživanja 32, br. 1 (2019): 1977-1993. https://doi.org/10.1080/1331677X.2019.1642785

Dimitrić, M., Tomas Žiković, I. i Arbula Blecich, A. (2019) 'Profitability determinants of hotel companies in selected Mediterranean countries', Economic research - Ekonomska istraživanja, 32(1), str. 1977-1993. doi: 10.1080/1331677X.2019.1642785

Dimitrić M, Tomas Žiković I, Arbula Blecich A. Profitability determinants of hotel companies in selected Mediterranean countries. Economic research - Ekonomska istraživanja [Internet]. 2019. [pristupljeno 25.04.2024.];32(1):1977-1993. doi: 10.1080/1331677X.2019.1642785

M. Dimitrić, I. Tomas Žiković i A. Arbula Blecich, "Profitability determinants of hotel companies in selected Mediterranean countries", Economic research - Ekonomska istraživanja, vol. 32, br. 1, str. 1977-1993, 2019. [Online]. Dostupno na: https://urn.nsk.hr/urn:nbn:hr:192:889831. [Citirano: 25.04.2024.]

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Podaci o radu
Naslov (engleski)Profitability determinants of hotel companies in selected Mediterranean countries
AutorMira Dimitrić
AutorIvana Tomas Žiković
AutorAndrea Arbula Blecich
Autorova ustanovaSveučilište u Rijeci
Ekonomski fakultet
Znanstveno / umjetničko
područje, polje i grana		DRUŠTVENE ZNANOSTI
Ekonomija
Sažetak (engleski)
Tourism is one of the most important industries in the Mediterranean countries, which strongly contributes to the economic activity, capital investment and job creation. Therefore, the purpose of this paper is to examine the determinants influencing profitability of hotel companies in selected Mediterranean countries. Thereby, dynamic panel data models are estimated on an extensive dataset for the period from 2007 to 2015. The paper provides evidence on differences among internal profitability determinants of hotel companies operating in tourism competitive countries. The results indicate that the cash flow to operating revenue has a statistically significant and positive impact on profitability in all observed countries. The total asset turnover ratio is significant for all countries except Portugal, while labour productivity is significant only for Spain, which is also the country with the highest turnover per employee. The solvency ratio is positively related to profitability, except for Greece as the most indebted country. Size proved to be significant for hotels in Spain and Portugal, while age is the variable by which the countries mostly differ, as findings show a different impact of underlying variable on hotel profitability. Findings provide information to shareholders that would ensure profitability of hotel companies operating in different countries.
Ključne riječi (engleski)
Jezikengleski
Vrsta publikacijeZnanstveni rad - Izvorni znanstveni rad
Status objaveObjavljen
Vrsta recenzijeRecenziran - međunarodna recenzija
Verzija publikacijeObjavljena verzija rada (izdavačev PDF)
Naslov časopisaEconomic research - Ekonomska istraživanja
Brojčani podacivol. 32, br. 1, str. 1977-1993
p-ISSN1331-677X
e-ISSN1848-9664
DOIhttps://doi.org/10.1080/1331677X.2019.1642785
URN:NBNurn:nbn:hr:192:889831
Datum objave publikacije2019
URL dokumentahttps://hrcak.srce.hr/228875
Vrsta resursaTekst
Prava pristupaOtvoreni pristup
Uvjeti korištenjaIkona licence Zaštićeno autorskim pravom.
Datum i vrijeme pohrane2020-07-29 11:56:30