Success attributes of B&amp;B operators

Kaufman, Tammie J.; Weaver, Pamela A.; Poynter, Julia

doi:10.1016/0010-8804(96)82535-3

Cited by 11 publications

(4 citation statements)

References 2 publications

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“…These range from very narrow studies on specialized insurance risks of B&B operators, 7 to the nature of demand for training, 8 the classification and grading of B&B type accommodation, 9 taxation concerns specific to B&Bs, 10 and the qualities/capabilities required to be a successful B&B operator. 11 In the same vein, Kaufman et al, 12 in a study of 124 Virginia innkeepers, found that perhaps the most important precursor for success as the operator of a bed-and-breakfast inn was prior experience in the lodging industry. Other important attributes of success in operating bed-and-breakfast inns were appropriate use of financial data, knowledge of accounting, and family support.…”

Section: Current Understanding Of the Bandb 'Industry'mentioning

confidence: 99%

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: Current Understanding Of the Bandb 'Industry'mentioning

confidence: 99%

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 scrutiny of outside investors might well have brought to light the insufficient operating capital and credit, the lack of industry experience, and the inadequate business and marketing plans that caused our respondents' failures. Kaufman, Weaver, and Poynter (1996) argued that successful operation is partly attributed to the fact that operators are well aware of the technical aspects of hospitality industry. In this study, five of the nine successful restaurateurs were well-educated and possessed detailed knowledge of the industry, either through formal education in a hospitality or culinary program or through extensive industry work experience.…”

Section: House Of Prime Ribmentioning

confidence: 99%

Success and Failure in Northern California

Camillo

Connolly

Kim

2008

Cornell Hospitality Quarterly

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This study examines the success factors for independent restaurant operators in the San Francisco Bay Area. Through interviews and questionnaires, the cases of nine successful restaurants and nine failed restaurants were studied from 2003 to 2007. The findings reinforce past studies by emphasizing the internal factors, such as overconfidence and emotional unfitness, that led to failure. Augmenting an earlier model, this study seeks to help future entrepreneurs and those who invest in restaurants.

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“…Factor 3 (explaining 12.72 percent of variance) was called Financial Performance and contains four items: "service cost," "ret urn on investment," "general and administrative costs," and "total amount of sales (total customers)." Performance and profitability of small hotels are influenced by sales revenues, return on investment, pricing policies, and general and administrative costs (Kaufman, Weaver, and Poynter 1996). Performance dimensions and measurement in the hotel industry may help managers/owners effectively cope with organizations (Atkinson and Brown 2001).…”

Section: Findings and Discussionmentioning

confidence: 99%

Critical Success Factors for Small Hotel Businesses in Turkey: An Exploratory Study

Avcıkurt

Altay

İlban

2010

Cornell Hospitality Quarterly

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Small-scale businesses play a crucial role in the eco nomies of many developing countries like Turkey. For this reason, it is important to identify critical success factors (CSFs) for successful operation of small-scale businesses in every industry. This study identifies the factors that are critical for success in small hotel businesses. It focuses on CSFs perceived by small hotel managers/owners. The study was undertaken in the Aegean region of Turkey among 155 small hotel businesses. The empirical results indicated that the main critical factors were efficient use of the internet, service quality, financial performance, and marketing. Factor analysis showed that the use of the internet was the most important factor for small hotels. There were some different perceptions among managers/owners as to CSFs, depending on their educational background and work experience. Based on these findings, recommendations for successful small hotel operations are presented.

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Success attributes of B&B operators

Cited by 11 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

Success and Failure in Northern California

Critical Success Factors for Small Hotel Businesses in Turkey: An Exploratory Study

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