Financial characteristics of bed-and-breakfast inns

Poorani, Ali A.; Smith, David R.

doi:10.1016/0010-8804(95)92251-h

Cited by 12 publications

(7 citation statements)

References 2 publications

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“…A thorough study of American inns was conducted by Poorani and Smith and published in the Cornell Hotel & Restaurant Administration Quarterly. 25 This study may provide some guidance to the Canadian inn operator. However, the differences in the US and Canadian economies and seasons limit the applicability of these findings to the Canadian industry.…”

Section: The Bandb Industry In Canadamentioning

confidence: 92%

Benchmarking an Emerging Lodging Alternative in Canada: A Profile of the B&B Sector

Miciak¹,

Kirkland²,

Ritchie³

2001

Tourism Economics

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The bed and breakfast (B&B) option is often viewed as an attractive alternative to the traditional hotel/motel room. Although it is experiencing growing popularity in the Canadian accommodation industry, information on this emerging sector is quite limited. This study seeks to provide a basic understanding of the B&B industry by establishing baseline profiles of guest origin, operating practices, operator characteristics and financial performance of inns throughout Canada. Implications for inn owners and operators are discussed.

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Section: The Bandb Industry In Canadamentioning

confidence: 92%

Benchmarking an Emerging Lodging Alternative in Canada: A Profile of the B&B Sector

Miciak¹,

Kirkland²,

Ritchie³

2001

Tourism Economics

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“…Previous studies indicate that the profitability of small and mediumsized (SME) hotels is sensitive to several factors, such as experience, skills, education level of the employees and owners/managers, volatility of revenues, and capital structure decisions (Sharma and Upneja, 2005;Poorani and Smith, 1995;Kaufman et al, 1996;Romer, 1986). An enhanced IC can act as an internal factor that contributes to firms' performance and competitiveness.…”

Section: Introductionmentioning

confidence: 99%

On the relationship between intellectual capital and financial performance: A panel data analysis on SME hotels

Sardo

Serrasqueiro

Alves

2018

International Journal of Hospitality Management

195

172

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This paper analysed the effect of intellectual capital on small and medium-sized hotel financial performance for the period between 2007 and 2015. Using a sample of 934 Portuguese small and medium-sized hotels, this study adopted the GMM system (1998) estimator, to analyse a dynamic panel data. The findings suggested that intellectual capital components, i.e., human capital, structural capital and relational capital provide a positive impact on hotel financial performance. Human capital and relational capital seemed to be key elements for the success of hotels, being the basis of service quality in the hotels sector. Furthermore, the results showed that human capital and structural capital are capitalized by the establishment and maintenance of long-term relationships with key stakeholders. These findings indicated that the interaction between intellectual capital components enhances the hotel financial performance. Herein, it is highlighted the importance of intellectual capital in small and medium-sized hotel financial performance.

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“…In developing nations, these numbers could be higher (Christie & Crompton, 2002). The limited literature in hospitality and tourism on small businesses has studied various operational aspects including financial performance, linkages of financial performance and investments in fixed assets, operational aspects, and human resource issues (Romer, 1986(Romer, , 1990Poorani & Smith, 1995;Kaufman et al, 1996;Glancey & Pettigrew, 1997;Zhang et al, 2002;Worsfold & Griffith, 2003).…”

Section: Small Hospitality Businesses In Sub-saharan Africamentioning

confidence: 99%

Small Hotel Financing in Sub-Saharan Africa: Evidence From Tanzania

Sharma

2007

The Journal of Hospitality Financial Management

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Small hospitality businesses such as hotels and restaurants are not only necessary for the development of these industries as whole but also have the potential of contributing to the economic development of sub-Saharan African nations. However, recent studies show that availability of financing remains a critical obstacle for such businesses in sub-Sahara region. This paper presents a descriptive analysis of evidence from Tanzania to highlight factors that are possibly leading to market failure for small hotel financing. Implications on policy interventions and industry practice are explored to counter such obstacles.

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Financial characteristics of bed-and-breakfast inns

Cited by 12 publications

References 2 publications

Benchmarking an Emerging Lodging Alternative in Canada: A Profile of the B&B Sector

Benchmarking an Emerging Lodging Alternative in Canada: A Profile of the B&B Sector

On the relationship between intellectual capital and financial performance: A panel data analysis on SME hotels

Small Hotel Financing in Sub-Saharan Africa: Evidence From Tanzania

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