Location Rent as a Factor of Business Success Tourism and Hospitality Organization

Becir Kalac, Srecko Milacic and Mile Samardzic

Ekonomika, Journal for Economic Theory and Practice and Social Issues, 2012, vol. 58, issue 2

Abstract: On the literature, which is considered the tourism and hospitality industry and highlight themost elaborate facilities and supply factors with which the travel or hospitality organization representing their clients. With offer, on certain works, sometimes perceive aspects of the global demand. Here are rarely made a subtle analysis of hidden factors - what is it that some tourism and hospitality organization brings to the position of outstanding business and financial performance which is relative to other organizations which can be operate in the same economic sector? Especially compared to other unsuccessful or less successful organizations guests and other customers by offering the same quality content of its services and that, in other words, the essential aspects of their visible supply (management and marketing, work programs, personnel,equipment, building andotherfixed and variable resources) almost does not differ from the first (above average successful) organizations. In this paper, the fact is an attempt to identify and shed light on some relevant factors of success of business tourism and hospitality organizations, which are currently in the tourism and hospitality industry - which has a specific activity the service character,manifested as a key. It is the identification and explanation of the location (positional)rent that is in the tourism and hospitality expressed on several spatial levels, which are presented in the exposure grouped into four categories spatial levels: micro, meso, macro and mega levels

Keywords: Public; Economics (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ags:sereko:288762

DOI: 10.22004/ag.econ.288762

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