IDEAS home Printed from https://ideas.repec.org/h/osi/chaptr/18-14.html
   My bibliography  Save this book chapter

Profitability Determinants of Hotel Companies – Comparative Analysis of Primorsko-Goranska County and the Republic of Croatia

In: Financije teorija i suvremena pitanja = Finance - theory and contemporary issues

Author

Listed:
  • Mira Dimitrić

    (University of Rijeka, Faculty of Economics and Business)

  • Ivana Tomas Žiković

    (University of Rijeka, Faculty of Economics and Business)

  • Vinko Matejčić

    (Jadran PLC)

Abstract

In recent years, investments into hotel industry have increased, as well as revenues generated by the hotel companies. However, the issue of the success of their business requires insights from different perspectives. The present trends of globalization and concentration with consolidation of hotel companies supported by standardization of internal reporting, establish the need for continuous monitoring and evaluation of performance determinants. In this paper, the focus is on profitability, and in the wider sense, on the performance of hotel companies in the context of general determinants of hotel business and related industry operations. The results of the regression model on the selected sample have shown some discrepancies in profitability determinants compared to other recent research results, as well as discrepancies at observed levels - Croatia and Primorsko-goranska County (PGŽ). This is a useful indication in the light of the unfavorable trend in profitability of PGŽ hotel companies in relation to the national level.

Suggested Citation

  • Mira Dimitrić & Ivana Tomas Žiković & Vinko Matejčić, 2018. "Profitability Determinants of Hotel Companies – Comparative Analysis of Primorsko-Goranska County and the Republic of Croatia," Occasional Publications, in: Financije teorija i suvremena pitanja = Finance - theory and contemporary issues, edition 1, volume 1, chapter 14, pages 329-350, Josip Juraj Strossmayer University of Osijek, Faculty of Economics.
    • Handle: RePEc:osi:chaptr:18-14
    as

    Download full text from publisher

    File URL: http://www.efos.unios.hr/repec/osi/chaptr/PDF/chapter18-14.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    hotel companies; profitability; profitability determinants;
    All these keywords.

    JEL classification:

    • C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:osi:chaptr:18-14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Hrvoje Serdarusic, PhD (email available below). General contact details of provider: https://edirc.repec.org/data/efosihr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.