The aim of this article is to use multiple discriminant analysis (MDA) and logit models to assess the risk of bankruptcy of companies in the Polish tourism sector in the crisis conditions caused by the COVID-19 pandemic. A review of the literature is used to select models appropriate to analyze the risk of bankruptcy of tourism enterprises listed on the Warsaw Stock Exchange (WSE). The data are from half-year financial statements (the first half of 2019 and 2020, respectively). The obtained results are compared with the current values of the Altman EM-score model and selected financial ratios. An analysis allowed the estimation of the risk of bankruptcy of enterprises from the tourism sector in Poland as well as the assessment of the prognostic value of these models in the tourism sector and the risk of a collapse of this market in Poland. The article fills the research gap created by the negligible use of solvency analysis of the tourism sector and constitutes the basis for estimating the risk of collapse of the tourism sector in a crisis situation.
Tło badań. Wybór lokalizacji hotelu jest jedną z najważniejszych decyzji podejmowanych na etapie przedinwestycyjnym. Lokalizacja, poprzez oddziaływanie na koszty i przychody, wpływa na rentowność i inne wskaźniki efektywności ekonomicznej hotelu. Cel badań. Celem artykułu jest próba określenia najważniejszych czynników lokalizacji hotelu dla inwestorów krajowych i zagranicznych. Metodologia. W opracowaniu wykorzystano dedukcję, sondaż diagnostyczny oraz metodę statystyczną. Zakres przestrzenny badań obejmował trzy polskie województwa: dolnośląskie, opolskie i śląskie, a zakres czasowy: lata 2000–2009. Kluczowe wnioski. Analiza wyników badań wykazała, że czynniki lokalizacji hoteli mogą być różne dla inwestorów krajowych i zagranicznych. W przypadku hoteli finansowanych z kapitału krajowego, czynniki te obejmowały: dostępność gruntów inwestycyjnych, wielkość podaży turystycznej, nasilenie konkurencji oraz zachęty inwestycyjne ze strony władz publicznych. W odniesieniu do hoteli finansowanych z kapitału zagranicznego głównymi czynnikami lokalizacji okazały się natomiast urbanizacja oraz stopień umiędzynarodowienia gospodarki.
Purpose: This article examines pro-environmental behaviours among hotel suppliers in Poland, focusing on their relationship with organisational factors. The study was motivated by the increasing importance of sustainability in the hotel sector and limited empirical knowledge about suppliers' environmental practices. Its aim is to identify the most common pro-environmental behaviours among hotel suppliers and assess how company size, legal form, capital origin, degree of integration, and years of operation influence these behaviours. Design/methodology/approach: A sequential exploratory mixed-methods approach was applied. Qualitative research (literature review, interviews, and observation) supported the identification of key behaviours and organisational factors. This was followed by a quantitative survey of 85 suppliers cooperating with six hotels located in major Polish cities. Statistical analyses included descriptive statistics and non-parametric tests. Findings: The most frequently reported pro-environmental behaviours were related to energy and water conservation, as well as waste management; behaviours related to transport and environmental education were less common. Higher levels of pro-environmental behaviours were observed among medium and large enterprises, companies with corporate legal form, suppliers financed by foreign or mixed capital, and those with a longer history of market presence. Practical implications: The findings highlight the need to promote pro-environmental behaviours among suppliers, improve supplier evaluation processes, and support smaller-scale suppliers that operate locally. Social implications: Strengthening pro-environmental behaviours in hotel supply chains may contribute to improved environmental performance, increased environmental awareness, and more sustainable development in the hospitality sector. Originality/value: The study addresses a research gap by focusing on hotel suppliers (a relatively underexplored group), and provides empirical insights into organisational factors associated with pro-environmental behaviours.