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

Mira Dimitrić (), Ivana Tomas Žiković () and Vinko Matejčić ()
Additional contact information
Mira Dimitrić: University of Rijeka, Faculty of Economics and Business
Vinko Matejčić: Jadran PLC

Chapter 14 in Financije teorija i suvremena pitanja = Finance - theory and contemporary issues, 2018, vol. 1, pp 329-350 from Josip Juraj Strossmayer University of Osijek, Faculty of Economics

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.

Keywords: hotel companies; profitability; profitability determinants (search for similar items in EconPapers)
JEL-codes: C30 L10 L25 L83 M21 M41 (search for similar items in EconPapers)
Date: 2018
ISBN: 978-953-253-150-3
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.efos.unios.hr/repec/osi/chaptr/PDF/chapter18-14.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:osi:chaptr:18-14

Access Statistics for this chapter

More chapters in Occasional Publications from Josip Juraj Strossmayer University of Osijek, Faculty of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Hrvoje Serdarusic, PhD ( this e-mail address is bad, please contact ).