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As a core activity in the tourism sector, hospitality accounts for the largest share of the sector’s revenue. The last few years, prior to the COVID-19 pandemic, have been years of strong growth both in the number of hotel companies and in the number of available rooms. The hospitality industry has also been betting on diversification as well as on the quality of its services. This activity has a strong impact on the various agents in the sector, thus it makes it essential to measure and analyze the sustainability of these hotels. One of the indicators that proficiently measure short-term sustainability is the company’s liquidity level, as it demonstrates its ability to meet short-term financial obligations. This type of indicator is useful since it provides relevant information not only for managers, but also for banks and lenders, and investors. Volatility is a characteristic of hotels which are associated with geographic location, implying changes in the main operating revenue indicators. In this sense, this research aimed to investigate if the ability to reimburse short-term responsibilities differs according to the geographic location, food and beverage service existence, official stars classification, and hotel size. Portuguese hotels with and without restaurants were analyzed in the 2013–2017 period and the number of available rooms and star rating were included in the database. All the information was obtained on SABI (a database of detailed financial information of Portuguese and Spanish companies) and RNET (the Portuguese Register of Tourist Enterprises). Findings show that the behavior of some hotels concerning short-term obligations does not differ much considering the location of the hotels. However, the Algarve and the North region have the highest values. In fact, the official star rating proved to have the greatest influence. The size of the hotels, as well as the existence of restaurants negatively influences liquidity. This information is very important for hotel investors. This study can also provide management information that allows more informed decision-making as well as the definition of corrective measures if necessary.
Luís Lima Santos; Conceição Gomes; Cátia Malheiros; Ana Lucas. Impact Factors on Portuguese Hotels’ Liquidity. Journal of Risk and Financial Management 2021, 14, 144 .
AMA StyleLuís Lima Santos, Conceição Gomes, Cátia Malheiros, Ana Lucas. Impact Factors on Portuguese Hotels’ Liquidity. Journal of Risk and Financial Management. 2021; 14 (4):144.
Chicago/Turabian StyleLuís Lima Santos; Conceição Gomes; Cátia Malheiros; Ana Lucas. 2021. "Impact Factors on Portuguese Hotels’ Liquidity." Journal of Risk and Financial Management 14, no. 4: 144.
Based on tradition and high standards, Swiss higher education in tourism and hospitality is ranked among the best in the world. Although scientific research is the foundation of a country’s higher education system, the Swiss Tourism, Leisure and Hospitality Management Scientific Research (Swiss TL&HM-SR) has not yet been subject to a systematic analysis. This paper aims to fill this gap by assessing the Swiss TL&HM-SR performance, as well as identifying and discussing its most prominent topics. To this end, bibliometric data were gathered from the Scopus database and analyzed through a bibliometric mixed-method approach. Results provide a new performance indicator for the Swiss TL&HM-SR in this field of research, and show that innovation and sustainable destination management are particularly prominent topics within Swiss TL&HM-SR. In this context, contributions to these topics in particular are discussed in more detail. The findings provide useful insights for stakeholders aiming to improve sustainability performance through strategic management of destinations, as well as for researchers aiming to follow the latest trends, identify emerging topics and formulate more attractive projects for financing institutions. The study also provides a new and innovative methodological contribution, as it combines different methods of scientific research performance assessment, which can be further employed in other countries or knowledge areas.
Lucília Cardoso; Arthur Araújo; Luís Lima Santos; Roland Schegg; Zélia Breda; Carlos Costa. Country Performance Analysis of Swiss Tourism, Leisure and Hospitality Management Research. Sustainability 2021, 13, 2378 .
AMA StyleLucília Cardoso, Arthur Araújo, Luís Lima Santos, Roland Schegg, Zélia Breda, Carlos Costa. Country Performance Analysis of Swiss Tourism, Leisure and Hospitality Management Research. Sustainability. 2021; 13 (4):2378.
Chicago/Turabian StyleLucília Cardoso; Arthur Araújo; Luís Lima Santos; Roland Schegg; Zélia Breda; Carlos Costa. 2021. "Country Performance Analysis of Swiss Tourism, Leisure and Hospitality Management Research." Sustainability 13, no. 4: 2378.
In Portugal, news shows that the impact of COVID-19 in the hospitality sector was more noticeable compared to other sectors. This chapter aims to understand the historical trends of hotel industry financial leverage and to analyse the impact of macroeconomic factors on it. Based on the Portuguese reality, it aims to propose a model to be used by managers and shareholders to control the effect of financial leverage over their companies. Two issues are supporting this study: one is if companies evaluate the impact of the chosen financing sources on shareholders' return; another is to understand whether there is a change in the financial leverage effect, either due to macroeconomic factors or due to cyclical factors not controlled by the market, such as the current pandemic (COVID-19) which demands new challenges to companies. Results highlight that the perception of financial leverage by hotel managers is crucial in crisis situations, as the current case of the pandemic caused by COVID-19.
Luís Lima Santos; Conceição Gomes; Inês Lisboa. The Impact of Macroeconomic Factors on the Hotel Industry Through the Financial Leverage Trends. Handbook of Research on Climate Change and the Sustainable Financial Sector 2021, 94 -111.
AMA StyleLuís Lima Santos, Conceição Gomes, Inês Lisboa. The Impact of Macroeconomic Factors on the Hotel Industry Through the Financial Leverage Trends. Handbook of Research on Climate Change and the Sustainable Financial Sector. 2021; ():94-111.
Chicago/Turabian StyleLuís Lima Santos; Conceição Gomes; Inês Lisboa. 2021. "The Impact of Macroeconomic Factors on the Hotel Industry Through the Financial Leverage Trends." Handbook of Research on Climate Change and the Sustainable Financial Sector , no. : 94-111.
Guayaquil is proposed as a tourist and business destination, aiming to stand out as a digital city, with a suitable airport, a convention centre and high-level accommodation capacity. The city receives many domestic and international tourists, although not always as the main destination of their visit. One of the tourist markets offered by the city is that of business, due to the important economic activity that takes place here, being the venue of congresses and international events. This has allowed the city to gain significant value in the business tourism sector, providing constant and profitable growth. However, the lack of study of the international market, specifically the millennial business sector, is affecting Guayaquil's competitiveness compared to other destinations that have already recognized the differentiated profile of visitors from this age group, and that consequently offer a fusion of business and leisure tourism. This research was carried out during the second semester of 2018, evaluating the market of the new bleisure trend in Guayaquil. The results evidence the limited supply directed to this market segment, the lack of exploitation of business tourism and the continued lack of capacity of the tourism sector to satisfy the bleisure market. The conclusions focus on how tourism competitiveness can be achieved in business cities that also encompass places or activities where visitors can have a relaxing time.
Alba Caicedo-Barreth; Enrique Santos Pavón; Luís Lima Santos. Competitiveness of Guayaquil towards bleisure tourism. European Journal of Tourism, Hospitality and Recreation 2020, 10, 118 -133.
AMA StyleAlba Caicedo-Barreth, Enrique Santos Pavón, Luís Lima Santos. Competitiveness of Guayaquil towards bleisure tourism. European Journal of Tourism, Hospitality and Recreation. 2020; 10 (2):118-133.
Chicago/Turabian StyleAlba Caicedo-Barreth; Enrique Santos Pavón; Luís Lima Santos. 2020. "Competitiveness of Guayaquil towards bleisure tourism." European Journal of Tourism, Hospitality and Recreation 10, no. 2: 118-133.
This paper aimed to evaluate the Portuguese scientific production within Tourism, Leisure and Hospitality Management (TLHM). To this end, 572 papers from 51 peer-reviewed Scopus journals were mapped through a mixed bibliometric analysis method. The results indicated that Portugal has a significant TLHM research production, with an outstanding performance in terms of topic prominence percentile. Additionally, Portuguese TLHM research collaboration has increased significantly in recent years. It should be pointed out, however, that this production is significantly skewed towards tourism-specific studies rather than hospitality. This study presents a new bibliometric contribution by bringing the SciVal topic prominence and prominence percentile to the TLHM field and presenting a new country research performance model, indicating a new way to evaluate a country’s research performance. Additionally, this investigation featuring the overall structure of Portuguese TLHM research provides clear outlines to concerned bodies regarding researcher and institution performance and gives helpful and timely information to researchers, scholars, government managers, industry managers, and tourism and hospitality consultants.
Lucília Cardoso; Rui Silva; Giovana Almeida; Luís Lima Santos. A Bibliometric Model to Analyze Country Research Performance: SciVal Topic Prominence Approach in Tourism, Leisure and Hospitality. Sustainability 2020, 12, 9897 .
AMA StyleLucília Cardoso, Rui Silva, Giovana Almeida, Luís Lima Santos. A Bibliometric Model to Analyze Country Research Performance: SciVal Topic Prominence Approach in Tourism, Leisure and Hospitality. Sustainability. 2020; 12 (23):9897.
Chicago/Turabian StyleLucília Cardoso; Rui Silva; Giovana Almeida; Luís Lima Santos. 2020. "A Bibliometric Model to Analyze Country Research Performance: SciVal Topic Prominence Approach in Tourism, Leisure and Hospitality." Sustainability 12, no. 23: 9897.
Colombia is notorious for drug cartels and internal armed conflicts that have persisted in the country for more than 50 years. With the peace agreement signed in 2016 Colombia gradually became a country with strong tourism potential in Latin America. Supported by movie tourism and dark tourism, the influx of tourists to Colombia registered considerable increases. Colombia became a popular destination for recreation and beach stays, for adventure and experience tourism; and ecotourism has a dominant role related to the cultivation of coffee. However, Colombia presents natural risks and security risks that support the low level of peace and the low quality of life indicator as a tourism destination. The existence of a greater number of flights and low-cost booking systems, allows to increase interest in new non-traditional places, avoiding mass tourism, which can be an advantage for many travel agencies in the Czech and Portuguese markets that seek authentic and relatively unknown places. Despite the threat of the pandemic COVID-19, tourist packages to Colombia were analysed. Considering the main objective of the study, to assess the perception of security in Colombia, a questionnaire was carried out to identify the risks associated with this destination. To allow a comparison of the perception of safety with the Global Safety index, the responses of 206 potential tourists, 103 from Portugal and 103 from the Czech Republic, were selected. The results show that the destination Colombia is perceived as more dangerous by potential tourists than by actual tourists who have visited it and perceive it as much safer and more attractive.
Gabriela Antošová; Luís Lima Santos; Sara Stradová. Perception of Safety Tourism in Colombia. Blockchain Technology and Innovations in Business Processes 2020, 209, 96 -105.
AMA StyleGabriela Antošová, Luís Lima Santos, Sara Stradová. Perception of Safety Tourism in Colombia. Blockchain Technology and Innovations in Business Processes. 2020; 209 ():96-105.
Chicago/Turabian StyleGabriela Antošová; Luís Lima Santos; Sara Stradová. 2020. "Perception of Safety Tourism in Colombia." Blockchain Technology and Innovations in Business Processes 209, no. : 96-105.
In the post-Covid-19 era, tourism impacts and the role played by sustainable planning on the long-term success of destinations have gained renewed importance. Understanding the image and perceptions tourists hold of a destination is vital for tourism planning, as they play a key role in tourists’ decisions. Considering the importance of these two key concepts (perceptions and sustainability), the present paper contributes to the advancement of knowledge on sustainable tourism by characterizing the state of the art of Sustainability Perceptions in Tourism and Hospitality (SPTH). To this end, the scientific literature on the topic was mapped through a combination of three bibliometric analysis techniques, namely: evaluative, relational, and systematic bibliometric analysis. These were based on productivity and impact indicators, including SciVal topic prominence. The results reveal that sustainability perceptions in SPTH focus on tourists’, stakeholders’, and residents’ perceptions. These findings highlight the need for involving local communities in the destination planning process to align the outcomes of tourism development with their expectations. Finally, this paper presents an original methodological contribution, as it is the first to apply the SciVal topic prominence analysis to SPTH.
Luís Lima Santos; Lucília Cardoso; Noelia Araújo-Vila; Jose A. Fraiz-Brea. Sustainability Perceptions in Tourism and Hospitality: A Mixed-Method Bibliometric Approach. Sustainability 2020, 12, 8852 .
AMA StyleLuís Lima Santos, Lucília Cardoso, Noelia Araújo-Vila, Jose A. Fraiz-Brea. Sustainability Perceptions in Tourism and Hospitality: A Mixed-Method Bibliometric Approach. Sustainability. 2020; 12 (21):8852.
Chicago/Turabian StyleLuís Lima Santos; Lucília Cardoso; Noelia Araújo-Vila; Jose A. Fraiz-Brea. 2020. "Sustainability Perceptions in Tourism and Hospitality: A Mixed-Method Bibliometric Approach." Sustainability 12, no. 21: 8852.
The lodging industry is a crucial contributor to global tourism revenues in many countries. A significant part of hotel revenues comes from micro and small hotel companies not belonging to global brands. The aim of this chapter is to propose new tools – based on USALI and on the most relevant operating ratios – to support the management of micro and small hotels that are not integrated into hotel chains. The methodology starts with literature review, which allowed to point out some USALI schedules that are not being used, a lot of items of USALI schedules without relevance and a set of operating ratios and indicators highlighted by researchers and professionals. The first result consists in the proposal of seven simplified hospitality management accounting schedules (revenue and cost items). The second result is an operating scorecard that includes the ratios and indicators useful for micro and small independent hotels.
Luís Lima Santos; Conceição Gomes; Cátia Malheiros. Achieving a Competitive Management in Micro and Small Independent Hotels. Handbook of Research on the Impacts and Implications of COVID-19 on the Tourism Industry 2020, 229 -255.
AMA StyleLuís Lima Santos, Conceição Gomes, Cátia Malheiros. Achieving a Competitive Management in Micro and Small Independent Hotels. Handbook of Research on the Impacts and Implications of COVID-19 on the Tourism Industry. 2020; ():229-255.
Chicago/Turabian StyleLuís Lima Santos; Conceição Gomes; Cátia Malheiros. 2020. "Achieving a Competitive Management in Micro and Small Independent Hotels." Handbook of Research on the Impacts and Implications of COVID-19 on the Tourism Industry , no. : 229-255.
The main contribution of this study is to better understand the importance of ethical behavior according to gender and age in Portuguese accountants’ profession. These results can be used by the accountants’ order in the conditions to access the profession and by the Higher Education Institutions with degrees leading to the profession to adjust their learning outcomes. Ethics is an important ability in any profession but, considering the spectrum of responsibilities of the certified accountants, ethics should be even more important. The research concerning ethical issues related to accountants’ profession has increased in the last years. Those studies highlight mostly the nature and extent of ethical problems in the profession. This study aims to validate the different importance given to ethical behavior in accountants’ profession in Portugal, for men and women, and to understand how they also feel differently when in self-evaluation. The study allows comparing different generations in the profession. Hence, the research questions this study aims to respond are: (1) Who considers ethic ability more important to the accountants’ profession, men or women? (2) Is there a different sense of ethical behavior when in self-evaluation in both genders? (3) Does the accountants' age influence their sense of ethics? The methodological approach is a prior literature review about ethical issues in accountants’ profession, followed by an empirical study based on a questionnaire fulfilled by 628 accountants. Results show a different level of given importance and even self-evaluation to ethical behavior depending on gender, but not on age.
Ana Lucas; Luís Lima Santos. ETHICS IN THE ACCOUNTING PROFESSION: A GENDER AND AGE COMPARATIVE STUDY. SWS Journal of SOCIAL SCIENCES AND ART 2019, 1, 67 -77.
AMA StyleAna Lucas, Luís Lima Santos. ETHICS IN THE ACCOUNTING PROFESSION: A GENDER AND AGE COMPARATIVE STUDY. SWS Journal of SOCIAL SCIENCES AND ART. 2019; 1 (1):67-77.
Chicago/Turabian StyleAna Lucas; Luís Lima Santos. 2019. "ETHICS IN THE ACCOUNTING PROFESSION: A GENDER AND AGE COMPARATIVE STUDY." SWS Journal of SOCIAL SCIENCES AND ART 1, no. 1: 67-77.
This research explores the framework of the marine knowledge, in general, and the blue accounting, in particular. On the one hand, the seabed, the ocean floor, and the subsoil allow to promote several activities to explore these resources. On the other hand, the pollution and degradation of the marine environment due to human intervention which damage and harm the marine life and produces strong risks and threats to this environment. In this context, marine resources are a public good which is available to everybody, at all time, but without payment or compensations to this collective pressure of human activity. In order to reinforce the marine knowledge, the blue accounting will provide to the citizen, to the organization and to the society valuable information based on accounting standards that identify, measure, value, and report this blue growth that is the ocean strategy with new opportunities for marine and maritime sustainability. The fast evolution of the marine knowledge demands profound accounting researches that will study the increasing impact on the use, the management, the associated costs, and the new report opportunities of these resources and its value. This research will reduce the negative effect of politics and Governments that forget the blue accounting as essential to support the blue economy and ocean strategy, because sciences are interdependent and scarcity of marine resources demands knowledge to emerge these first insights and then mitigate uncertainties and risks.
Rute Abreu; Fátima David; Luís Lima Santos; Liliane Segura; Henrique Formigoni. Blue Accounting: Looking for a New Standard. Understandings of Social Investment in the Oil and Gas Sector 2018, 27 -43.
AMA StyleRute Abreu, Fátima David, Luís Lima Santos, Liliane Segura, Henrique Formigoni. Blue Accounting: Looking for a New Standard. Understandings of Social Investment in the Oil and Gas Sector. 2018; ():27-43.
Chicago/Turabian StyleRute Abreu; Fátima David; Luís Lima Santos; Liliane Segura; Henrique Formigoni. 2018. "Blue Accounting: Looking for a New Standard." Understandings of Social Investment in the Oil and Gas Sector , no. : 27-43.
Nas empresas desportivas o principal item intangível é o direito desportivo sobre o jogador. Investigações mostraram que nos clubes europeus o direito desportivo sobre o atleta formado internamente geralmente não é reconhecido como activo no Balanço, ao contrário do direito relativo ao jogador adquirido de terceiros. No Brasil, a prática contabilística é diferente, fruto da Resolução n.º 1005/2004, do CFC. Perante estas diferenças, o estudo debruça-se em particular sobre o tratamento contabilístico do direito desportivo resultante da formação, num espaço geográfico reduzido a Portugal e Brasil. Como objectivos desta investigação definimos os seguintes: a) verificar se o direito desportivo sobre o jogador preenche os requisitos necessários para ser reconhecido como activo intangível; b) identificar as semelhanças e diferenças nas práticas contabilísticas entre os clubes portugueses e os clubes brasileiros no que respeita aos direitos desportivos resultantes da formação; c) dissecar as razões dos clubes para a valorização, ou não valorização, do direito desportivo resultante da formação. Propomo-nos alcançar estes dois últimos objectivos através de evidência empírica como resultado de um inquérito por questionário. Concluímos que tanto o jogador formado internamente como aquele cujo direito desportivo é adquirido de terceiros cumprem com os requisitos necessários para serem reconhecidos como activo intangível. Em Portugal, a quase totalidade dos clubes não reconhece o direito desportivo resultante da formação, porque consideram que não existe um critério fiável para a valorização desse direito. Contrariamente, a totalidade dos clubes brasileiros reconhecem esse direito como activo intangível.
Sérgio Nuno Da Silva Ravara Almeida Cruz; Luís Lima Santos; Graça Maria Do Carmo Azevedo. DIREITO DESPORTIVO RESULTANTE DA FORMAÇÃO: EVIDÊNCIA EMPÍRICA NOS CLUBES PORTUGUESES E BRASILEIROS. Revista Universo Contábil 2011, 7, 122-143 .
AMA StyleSérgio Nuno Da Silva Ravara Almeida Cruz, Luís Lima Santos, Graça Maria Do Carmo Azevedo. DIREITO DESPORTIVO RESULTANTE DA FORMAÇÃO: EVIDÊNCIA EMPÍRICA NOS CLUBES PORTUGUESES E BRASILEIROS. Revista Universo Contábil. 2011; 7 (1):122-143.
Chicago/Turabian StyleSérgio Nuno Da Silva Ravara Almeida Cruz; Luís Lima Santos; Graça Maria Do Carmo Azevedo. 2011. "DIREITO DESPORTIVO RESULTANTE DA FORMAÇÃO: EVIDÊNCIA EMPÍRICA NOS CLUBES PORTUGUESES E BRASILEIROS." Revista Universo Contábil 7, no. 1: 122-143.
O presente artigo trata dos direitos respeitantes a jogadores formados internamente pelas organizações dedicadas ao futebol, às quais podem vir a prestar serviços como desportistas profissionais. O problema reside no facto de os direitos desportivos sobre os referidos jogadores não serem reconhecidos no balanço da entidade formadora, por dificuldades no estabelecimento de um critério fiável de valorização. Considerando o modelo contabilístico vigente, procura-se uma solução que permita o reconhecimento dos direitos desportivos sobre jogadores formados internamente no balanço, a título de activo intangível, com base em critérios fiáveis de valorização. Tendo em vista a valorização fiável dos direitos desportivos respeitantes a jogadores formados internamente, apresenta-se uma solução assente no método dos centros de custo.
Sérgio Nuno Da Silva Ravara Almeida Cruz; Luís Lima Santos; Graça Maria Do Carmo Azevedo. Valorização do direito desportivo resultante da formação. Revista de Educação e Pesquisa em Contabilidade (REPeC) 2010, 4, 60 -83.
AMA StyleSérgio Nuno Da Silva Ravara Almeida Cruz, Luís Lima Santos, Graça Maria Do Carmo Azevedo. Valorização do direito desportivo resultante da formação. Revista de Educação e Pesquisa em Contabilidade (REPeC). 2010; 4 (1):60-83.
Chicago/Turabian StyleSérgio Nuno Da Silva Ravara Almeida Cruz; Luís Lima Santos; Graça Maria Do Carmo Azevedo. 2010. "Valorização do direito desportivo resultante da formação." Revista de Educação e Pesquisa em Contabilidade (REPeC) 4, no. 1: 60-83.
Nuno Arroteia; Luís Lima Santos; Conceição Gomes. The relationship between the management accounting techniques and the decision making in portuguese hotels. 2021, 1 .
AMA StyleNuno Arroteia, Luís Lima Santos, Conceição Gomes. The relationship between the management accounting techniques and the decision making in portuguese hotels. . 2021; ():1.
Chicago/Turabian StyleNuno Arroteia; Luís Lima Santos; Conceição Gomes. 2021. "The relationship between the management accounting techniques and the decision making in portuguese hotels." , no. : 1.