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Establishing a benchmarking approach in tourism organizations and destinations

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  • Ekonomou, George
  • Halkos, George

Abstract

In our modern world, the intensity of economic activities dominates the linkages between the natural environment and the economic system. By nature, organizations and entrepreneurs strive to gain more and advance their position in terms of competitiveness, frequently, within volatile market conditions and uncertainty. In this generic situation, specific sectors have a crucial role. Tourism is a sector with a well-acknowledged potential, and its interaction with the natural environment has been discussed thoroughly in the process of tourism expansion and development. To this effort, environmental performance levels should be an issue of high importance to avoid degradation, depletion of resources, and low-quality rates. As a direct consequence, environmental benchmarking should remain at the top of the agenda to avoid market failure phenomena and negative externalities, underscoring the significant role each of us plays in sustainable tourism development. The aim of this study is to present a theoretical point of view at the interface of the tourism economy and environmental quality concerns. In parallel, this study discusses key determinants that affect sustainable tourism development and proposes its inclusion in relevant environmental management and marketing plans, promising a brighter future for the tourism industry and the environment.

Suggested Citation

  • Ekonomou, George & Halkos, George, 2024. "Establishing a benchmarking approach in tourism organizations and destinations," MPRA Paper 121754, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:121754
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    File URL: https://mpra.ub.uni-muenchen.de/121754/1/MPRA_paper_121754.pdf
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    References listed on IDEAS

    as
    1. George Halkos & Georgia Argyropoulou, 2021. "Pollution and Health Effects: A Nonparametric Approach," Computational Economics, Springer;Society for Computational Economics, vol. 58(3), pages 691-714, October.
    2. George E. Halkos & Epameinondas A. Paizanos, 2017. "The channels of the effect of government expenditure on the environment: evidence using dynamic panel data," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 60(1), pages 135-157, January.
    3. George E. Halkos, 2013. "Exploring the economy -- environment relationship in the case of sulphur emissions," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 56(2), pages 159-177, March.
    4. George E. Halkos & Eleni-Christina Gkampoura, 2021. "Coping with Energy Poverty: Measurements, Drivers, Impacts, and Solutions," Energies, MDPI, vol. 14(10), pages 1-14, May.
    5. Halkos, George E. & Tsionas, Efthymios G., 2001. "Environmental Kuznets curves: Bayesian evidence from switching regime models," Energy Economics, Elsevier, vol. 23(2), pages 191-210, March.
    6. George Halkos & George Ekonomou, 2023. "Can Business and Leisure Tourism Spending Lead to Lower Environmental Degradation Levels? Research on the Eurozone Economic Space," Sustainability, MDPI, vol. 15(7), pages 1-16, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Environmental quality; benchmarking; sustainable tourism development; management plans.;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Z0 - Other Special Topics - - General

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