{"id":6674,"date":"2023-06-19T13:26:49","date_gmt":"2023-06-19T12:26:49","guid":{"rendered":"https:\/\/www.jthsm.gr\/?page_id=6674"},"modified":"2023-06-22T10:17:09","modified_gmt":"2023-06-22T09:17:09","slug":"volume-9-issue-1-2023","status":"publish","type":"page","link":"https:\/\/www.jthsm.gr\/?page_id=6674","title":{"rendered":"Volume 9, Issue 1, 2023"},"content":{"rendered":"\n<p id=\"block-dadaf005-7305-4eac-99f8-b223736ef97d\"><strong>The complete Volume 9, Issue 1, 2023, is available to download <a rel=\"noreferrer noopener\" href=\"https:\/\/www.jthsm.gr\/vol9iss1\/vol9iss1.pdf\" target=\"_blank\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">here<\/mark><\/a><\/strong> (7,3MB). Detailed information for each paper included in Volume 9, Issue 1, 2023, is presented bellow:<\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\">a<\/mark><\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\">a<\/mark><\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong><a href=\"https:\/\/www.jthsm.gr\/?page_id=6652\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#1b3fab\" class=\"has-inline-color\">Editorial<\/mark><\/a><\/strong><\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" href=\"https:\/\/orcid.org\/0000-0002-1950-5012\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"15\" height=\"15\" class=\"wp-image-4454\" style=\"width: 15px;\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/10\/orcid-1-e1603636867626.png\" alt=\"\"><\/a> <strong><em>Evangelos Christou<\/em><\/strong><em>,&nbsp;Editor-in-Chief,&nbsp;International Hellenic University,&nbsp;Greece<\/em>, <a rel=\"noreferrer noopener\" href=\"https:\/\/orcid.org\/0000-0001-8806-7987\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"15\" height=\"15\" class=\"wp-image-4454\" style=\"width: 15px;\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/10\/orcid-1-e1603636867626.png\" alt=\"\"><\/a> <strong><em>Anestis Fotiadis<\/em><\/strong>,<strong><em>&nbsp;<\/em><\/strong><em>Co-<\/em><em>Editor,&nbsp;Zayed University, United Arab Emirates<\/em><br>Published online: 10 June 2023, JTHSM, 9(1), pp.1-2.<\/p>\n\n\n\n<p>DOI:&nbsp;<a href=\"http:\/\/doi.org\/10.5281\/zenodo.8057054\" target=\"_blank\" rel=\"noreferrer noopener\">10.5281\/zenodo.8055158<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\" id=\"block-901338cd-0034-4752-a5f2-4e666a44a242\"><a href=\"https:\/\/www.jthsm.gr\/?page_id=6591\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/04\/crossmark2.png\" alt=\"This image has an empty alt attribute; its file name is crossmark2.png\" width=\"97\" height=\"20\"\/><\/a><\/figure>\n\n\n\n<p class=\"has-white-color has-text-color\">a<\/p>\n\n\n\n<p>Time for celebration! The Journal of Tourism, Heritage &amp; Services Marketing achieved a CiteScore of 5.5 for 2022 and Q2 classification in Scopus.<br>We are pleased to present the seventeenth publication of JTHSM (volume 9, issue 1), the first issue in its nineth year of publication. In previous issues, this journal presented original refereed papers, both conceptual and research-based, focused on various topics of tourism, heritage, and services with an emphasis on marketing and management. Volume 9, issue 1 focus on furthering the journal\u2019s scope and consolidating its position in both conceptual developments and practical applications in tourism, heritage, and services through publication of six quality manuscripts that underwent rigorous double-blind reviewing: five full papers and one case study.<\/p>\n\n\n\n<p><strong>Export reference:<\/strong><em><br><\/em><a rel=\"noreferrer noopener\" href=\"https:\/\/zenodo.org\/record\/8055158\/export\/hx\" target=\"_blank\">BibTeX<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a rel=\"noreferrer noopener\" href=\"https:\/\/zenodo.org\/record\/8055158\/export\/dcite4\" target=\"_blank\">DataCite<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a rel=\"noreferrer noopener\" href=\"https:\/\/zenodo.org\/record\/8055158\/export\/xd\" target=\"_blank\">Dublin Core<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a rel=\"noreferrer noopener\" href=\"https:\/\/www.mendeley.com\/import\/?url=https:\/\/zenodo.org\/record\/8055158\" target=\"_blank\">Mendeley<\/a><\/p>\n\n\n\n<p><strong>Cite as:<\/strong><\/p>\n\n\n\n<p>Christou, E., &amp; Fotiadis, A. (2023). Editorial.&nbsp;<em>Journal of Tourism, Heritage &amp; Services Marketing, 9<\/em>(1), 1\u20132. https:\/\/doi.org\/10.5281\/zenodo.8055158<\/p>\n\n\n\n<p id=\"block-b0484e2c-0535-4825-9fc8-5bf1f4708404\"><em>Full-text download:<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\" id=\"block-261203a1-cd1b-4bd3-b065-6b930f092ec6\"><a href=\"https:\/\/www.jthsm.gr\/vol9iss1\/9-1-0.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2017\/02\/PDF_Download_Logo-300x300.jpg\" alt=\"This image has an empty alt attribute; its file name is PDF_Download_Logo-300x300.jpg\" width=\"48\" height=\"48\"\/><\/a><\/figure>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\">Add blockAdd bloc<\/mark><\/p>\n\n\n\n<p id=\"block-6a3ae529-c529-4ba3-8a10-266f193c5213\"><\/p>\n\n\n\n<p id=\"block-824897f4-bdb0-4229-967d-8f802d49042e\"><strong>FULL PAPERS:<\/strong><\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\">a<\/mark><\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong><a href=\"https:\/\/www.jthsm.gr\/?page_id=6585\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#1b3fab\" class=\"has-inline-color\">E-loyalty formation of Generation Z: Personal characteristics and social influences<\/mark><\/a><\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/orcid.org\/0000-0002-9006-1952\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"15\" height=\"15\" class=\"wp-image-4454\" style=\"width: 15px;\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/10\/orcid-1-e1603636867626.png\" alt=\"\"><\/a> <em><strong>Ranjit Singh<\/strong>,&nbsp;Pondicherry University, India,<\/em> &amp; <a href=\"https:\/\/orcid.org\/0000-0002-2087-3680\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"15\" height=\"15\" class=\"wp-image-4454\" style=\"width: 15px;\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/10\/orcid-1-e1603636867626.png\" alt=\"\"><\/a> <em><strong>P.S. Sibi<\/strong>, Pondicherry University, India<\/em><br>Published online: 10 June 2023, JTHSM, 9(1), pp.3-14.<\/p>\n\n\n\n<p>DOI:&nbsp;<a rel=\"noreferrer noopener\" href=\"http:\/\/doi.org\/10.5281\/zenodo.8054004\" target=\"_blank\">10.5281\/zenodo.8054004<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\" id=\"block-8d973a54-b641-4bc2-84bc-b8ab6cfd2c28\"><a href=\"https:\/\/www.jthsm.gr\/?page_id=6578\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/04\/crossmark2.png\" alt=\"This image has an empty alt attribute; its file name is crossmark2.png\" width=\"97\" height=\"20\"\/><\/a><\/figure>\n\n\n\n<p class=\"has-white-color has-text-color\">a<\/p>\n\n\n\n<p><strong>Abstract<\/strong><\/p>\n\n\n\n<p><strong><em>Purpose<\/em><\/strong><em>: <\/em>This study examines the personal characteristics and social influence of Generation Z on their e-loyalty towards tourism websites. In contrast to previous models, this study explores the effect of perceived compatibility and innovativeness (personal characteristics) and subjective norm (social influence) on perceived usefulness and trust on tourism websites, which in turn influence e-loyalty in a generational context. These factors are crucial in e-commerce, but they have not been studied together in the context of tourism, especially for Generation Z.<\/p>\n\n\n\n<p><strong><em>Methods<\/em><\/strong><em>: <\/em>Using a sample size of 389 respondents falling within Generation Z in India, the proposed model was validated using PLS-SEM. A quantitative approach was followed in this study and the data was collected by using a survey questionnaire.<\/p>\n\n\n\n<p><strong><em>Results<\/em><\/strong><em>: <\/em>Within the wider context of technology adoption, the findings show the decisive role of both personal characteristics and social influence in determining the e-loyalty of Generation Z towards tourism websites.<\/p>\n\n\n\n<p><strong><em>Implications<\/em><\/strong><em>: <\/em>The implications of understanding the e-loyalty of Generation Z may assist tourism firms in retaining them by developing and implementing effective marketing strategies. Moreover, the study\u2019s most significant contribution is that it considers Generation Z, a generation that will shape the world\u2019s future economy and a digital sector with significant purchasing power and influence.<\/p>\n\n\n\n<p><strong><em>Keywords:<\/em><\/strong> e-loyalty; Generation Z; Perceived compatibility; Innovativeness; Subjective norm; Tourism websites<\/p>\n\n\n\n<p><strong><em>JEL Classification: <\/em><\/strong>A13, C31, L84  <\/p>\n\n\n<p><script type=\"text\/javascript\" src=\"\/\/cdn.plu.mx\/widget-popup.js\"><\/script><\/p>\n<p><a href=\"https:\/\/plu.mx\/plum\/a\/?ssrn_id=4484330\" data-popup=\"right\" data-badge=\"true\" class=\"plumx-plum-print-popup plum-liberty-theme\" data-site=\"plum\" data-hide-when-empty=\"true\">E-Loyalty Formation of Generation Z: Personal Characteristics and Social Influences<\/a><\/p>\n\n\n<p><strong>Export reference:<\/strong><em><br><\/em><a rel=\"noreferrer noopener\" href=\"https:\/\/zenodo.org\/record\/8054004\/export\/hx\" target=\"_blank\">BibTeX<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a rel=\"noreferrer noopener\" href=\"https:\/\/zenodo.org\/record\/8054004\/export\/dcite4\" target=\"_blank\">DataCite<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a rel=\"noreferrer noopener\" href=\"https:\/\/zenodo.org\/record\/8054004\/export\/xd\" target=\"_blank\">Dublin Core<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a rel=\"noreferrer noopener\" href=\"https:\/\/www.mendeley.com\/import\/?url=https:\/\/zenodo.org\/record\/8054004\" target=\"_blank\">Mendeley<\/a><\/p>\n\n\n\n<p><strong>Cite as:<\/strong><\/p>\n\n\n\n<p>Singh, R., &amp; Sibi, P.S. (2023). E-loyalty formation of Generation Z: Personal characteristics and social influences. <em>Journal of Tourism, Heritage &amp; Services Marketing, 9<\/em>(1), 3\u201314. https:\/\/doi.org\/10.5281\/zenodo.8054004<\/p>\n\n\n\n<p><em>Full-text download:<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\" id=\"block-0f8944ab-dcb5-4a1e-8a5d-2e5edd068b1a\"><a href=\"https:\/\/www.jthsm.gr\/vol9iss1\/9-1-1.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2017\/02\/PDF_Download_Logo-300x300.jpg\" alt=\"This image has an empty alt attribute; its file name is PDF_Download_Logo-300x300.jpg\" width=\"50\" height=\"50\"\/><\/a><\/figure>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\">Add blockAdd block<\/mark><\/p>\n\n\n\n<p class=\"has-medium-font-size\" id=\"block-c8313ba5-cb81-42d1-8157-b155a7170c95\"><strong><a href=\"https:\/\/www.jthsm.gr\/?page_id=6601\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#1b3fab\" class=\"has-inline-color\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#1b3fab\" class=\"has-inline-color\">Dark satisfaction in Guanajuato\u2019s Mummies Museum visitors<\/mark><\/strong><\/mark><\/a><\/strong><\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" href=\"https:\/\/orcid.org\/0000-0002-2319-5790\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"15\" height=\"15\" class=\"wp-image-4454\" style=\"width: 15px;\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/10\/orcid-1-e1603636867626.png\" alt=\"\"><\/a> <em><strong>Juan Gabriel Brida<\/strong>,&nbsp;Universidad de la Rep\u00fablica, Uruguay,<\/em> <em><strong><a rel=\"noreferrer noopener\" href=\"https:\/\/orcid.org\/0000-0003-1990-7123\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"15\" height=\"15\" class=\"wp-image-4454\" style=\"width: 15px;\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/10\/orcid-1-e1603636867626.png\" alt=\"\"><\/a> Erika Lourdes Gonz\u00e1lez Rosas<\/strong>,&nbsp;University of Guanajuato, Mexico<\/em> &amp; <a rel=\"noreferrer noopener\" href=\"https:\/\/orcid.org\/0000-0003-1359-2204\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"15\" height=\"15\" class=\"wp-image-4454\" style=\"width: 15px;\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/10\/orcid-1-e1603636867626.png\" alt=\"\"><\/a> <em><strong>Mar\u00eda Nela Seijas Gim\u00e9nez<\/strong>, Universidad de la Rep\u00fablica, Uruguay<\/em><br>Published online: 10 June 2023, JTHSM, 9(1), pp.15-24.<\/p>\n\n\n\n<p>DOI:&nbsp;<a rel=\"noreferrer noopener\" href=\"http:\/\/doi.org\/10.5281\/zenodo.8054198\" target=\"_blank\">10.5281\/zenodo.8054198<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\" id=\"block-5671b636-acfe-4d30-810a-9e314c26d971\"><a href=\"https:\/\/www.jthsm.gr\/?page_id=6577\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/04\/crossmark2.png\" alt=\"This image has an empty alt attribute; its file name is crossmark2.png\" width=\"97\" height=\"20\"\/><\/a><\/figure>\n\n\n\n<p class=\"has-white-color has-text-color\">a<\/p>\n\n\n\n<p id=\"block-890b1667-f79e-4f24-95e6-740e85631e6b\"><strong>Abstract<\/strong><\/p>\n\n\n\n<p><strong><em>Purpose<\/em><\/strong><em>: <\/em>The purpose of this study is to explain the determinants of the degree of visit satisfaction to the Guanajuato Mummies Museum. The study contributes to the literature related to perceptions and attitudes of museum visitors, by identifying what factors explain the satisfaction with the visit; as to the best of our knowledge, no similar investigation has been carried out yet.<\/p>\n\n\n\n<p><strong><em>Methods<\/em><\/strong><em>: <\/em>A survey was used to collect the data (n=392) from national and foreign visitors of the said museum, containing sociodemographic variables, opinions and feelings of the visitors and information about the visit. Data analysis was conducted with an ordered Logit model. <\/p>\n\n\n\n<p><strong><em>Results<\/em><\/strong><em>: <\/em>Findings indicate that opinions about the activity of the museum, the guided tour and the rest area are the most significant determinants of visitors\u2019 satisfaction, while the library and facilities for the disabled are moderately important. Feelings of enjoyment, tiredness or boredom marginally affect visitors\u2019 satisfaction.<\/p>\n\n\n\n<p><strong><em>Implications<\/em><\/strong><em>: <\/em>Knowledge of the satisfaction factors can guide marketing strategies and direct the training of personnel as recommended by ICOM (International Council of Museums) to continue contributing to the improvement of services offered, increasing the levels of satisfaction, and leading to repeat visits.<\/p>\n\n\n\n<p><strong>Keywords: <\/strong>Museum, Guanajuato, Dark tourism, Visitors\u2019 satisfaction, logit model<br><strong>JEL Classification: <\/strong>L83, N36, C48<\/p>\n\n\n<p><script type=\"text\/javascript\" src=\"\/\/cdn.plu.mx\/widget-popup.js\"><\/script><\/p>\n<p><a class=\"plumx-plum-print-popup plum-liberty-theme\" href=\"https:\/\/plu.mx\/plum\/a\/?ssrn_id= 4484383\" data-popup=\"right\" data-badge=\"true\" data-site=\"plum\" data-hide-when-empty=\"true\">Dark satisfaction in Guanajuato\u2019s Mummies Museum visitors<\/a><\/p>\n\n\n<p><strong>Export reference:<\/strong><em><br><\/em><a rel=\"noreferrer noopener\" href=\"https:\/\/zenodo.org\/record\/8054198\/export\/hx\" target=\"_blank\">BibTeX<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a rel=\"noreferrer noopener\" href=\"https:\/\/zenodo.org\/record\/8054198\/export\/dcite4\" target=\"_blank\">DataCite<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a href=\"https:\/\/zenodo.org\/record\/8054198\/export\/xd\">Dublin Core<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a rel=\"noreferrer noopener\" href=\"https:\/\/www.mendeley.com\/import\/?url=https:\/\/zenodo.org\/record\/8054198\" target=\"_blank\">Mendeley<\/a><\/p>\n\n\n\n<p><strong>Cite as:<\/strong><\/p>\n\n\n\n<p>Brida, J.G., Rosas, E.L.G. &amp; Gim\u00e9nez, M.N.S. (2023). Dark satisfaction in Guanajuato\u2019s Mummies Museum visitors. <em>Journal of Tourism, Heritage &amp; Services Marketing, 9<\/em>(1), 15\u201324. https:\/\/doi.org\/10.5281\/zenodo.8054198<\/p>\n\n\n\n<p id=\"block-0a77eb33-58ef-4176-bca4-fc408b819411\"><em>Full-text download:<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\" id=\"block-e69d7b6d-4836-47fa-acf5-0f817322c8e1\"><a href=\"https:\/\/www.jthsm.gr\/vol9iss1\/9-1-2.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2017\/02\/PDF_Download_Logo-300x300.jpg\" alt=\"This image has an empty alt attribute; its file name is PDF_Download_Logo-300x300.jpg\" width=\"49\" height=\"49\"\/><\/a><\/figure>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\">Add blockAdd block<\/mark><\/p>\n\n\n\n<p class=\"has-medium-font-size\" id=\"block-e8d59d89-c0e0-40cf-90cc-3bc4b41ee891\"><strong><a href=\"https:\/\/www.jthsm.gr\/?page_id=6607\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#1b3fab\" class=\"has-inline-color\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#1b3fab\" class=\"has-inline-color\">Civil aviation and tourism demand in Montenegro: A panel data approach<\/mark><\/strong><\/mark><\/a><\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/orcid.org\/0000-0003-0255-7294\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"15\" height=\"15\" class=\"wp-image-4454\" style=\"width: 15px;\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/10\/orcid-1-e1603636867626.png\" alt=\"\"><\/a> <em><strong>Iva Bulatovic<\/strong>,&nbsp;HCT University, United Arab Emirates,<\/em> &amp; <a href=\"https:\/\/orcid.org\/0000-0001-9484-7517\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"15\" height=\"15\" class=\"wp-image-4454\" style=\"width: 15px;\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/10\/orcid-1-e1603636867626.png\" alt=\"\"><\/a> <em><strong>Andreas Papatheodorou<\/strong>, <\/em>University of the Aegean, Greece, and University of New South Wales, Australia<br>Published online: 10 June 2023, JTHSM, 9(1), pp.25-36.<\/p>\n\n\n\n<p>DOI:&nbsp;<a rel=\"noreferrer noopener\" href=\"http:\/\/doi.org\/10.5281\/zenodo.8054719\" target=\"_blank\">10.5281\/zenodo.8054719<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\" id=\"block-e6226a8d-7ce4-41e5-a94e-00b0e9ad964b\"><a href=\"https:\/\/www.jthsm.gr\/?page_id=6576\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/04\/crossmark2.png\" alt=\"This image has an empty alt attribute; its file name is crossmark2.png\" width=\"97\" height=\"20\"\/><\/a><\/figure>\n\n\n\n<p class=\"has-white-color has-text-color\">a<\/p>\n\n\n\n<p id=\"block-70fc32b6-58f6-4bcb-8f5a-8c22c2e8f71a\"><strong>Abstract<\/strong><\/p>\n\n\n\n<p><strong><em>Purpose<\/em><\/strong><em>: <\/em>The purpose of the paper is to investigate the role of civil aviation in the case of Montenegro, one of the smallest countries in Europe and one whose economy heavily relies on tourism.<\/p>\n\n\n\n<p><strong><em>Methods<\/em><\/strong><em>: <\/em>For this research, a dynamic panel data approach is used, where five models are proposed for modelling tourism demand. Available seats per kilometer, the Herfindahl\u2013Hirschman index, jet fuel prices, exchange rates, and seasonality are used as the models\u2019 explanatory variables, in line with the available litetrature.<\/p>\n\n\n\n<p><strong><em>Results<\/em><\/strong><em>: <\/em>The econometric results show that all suggested models are valid, the explanatory variables are statistically significant, and their coefficients have the expected sign, suggesting a strong relationship between tourism demand and civil aviation. <\/p>\n\n\n\n<p><em><strong>Implications<\/strong>:<\/em> Apart from being one of the first attempts to highlight the civil aviation and tourism nexus in the context of Montenegro, this paper contributes to the literature by suggesting a way forward for destination managers and policymakers in small countries with great tourism potential.<\/p>\n\n\n\n<p><strong>Keywords:<\/strong> aviation, tourism, tourism demand, Montenegro, panel data<\/p>\n\n\n\n<p><strong>JEL Classification: <\/strong>L83, C23, C1<\/p>\n\n\n<p><script type=\"text\/javascript\" src=\"\/\/cdn.plu.mx\/widget-popup.js\"><\/script><\/p>\n<p><a class=\"plumx-plum-print-popup plum-liberty-theme\" href=\"https:\/\/plu.mx\/plum\/a\/?ssrn_id= 4484390\" data-popup=\"right\" data-badge=\"true\" data-site=\"plum\" data-hide-when-empty=\"true\">Civil Aviation and Tourism Demand in Montenegro: A Panel data Approach<\/a><\/p>\n\n\n<p><strong>Export reference:<\/strong><em><br><\/em><a rel=\"noreferrer noopener\" href=\"https:\/\/zenodo.org\/record\/8054719\/export\/hx\" target=\"_blank\">BibTeX<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a rel=\"noreferrer noopener\" href=\"https:\/\/zenodo.org\/record\/8054719\/export\/dcite4\" target=\"_blank\">DataCite<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a rel=\"noreferrer noopener\" href=\"https:\/\/zenodo.org\/record\/8054719\/export\/xd\" target=\"_blank\">Dublin Core<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a rel=\"noreferrer noopener\" href=\"https:\/\/www.mendeley.com\/import\/?url=https:\/\/zenodo.org\/record\/8054719\" target=\"_blank\">Mendeley<\/a><\/p>\n\n\n\n<p><strong>Cite as:<\/strong><\/p>\n\n\n\n<p>Bulatovic, I., &amp; Papatheodorou, A. (2023). Civil aviation and tourism demand in Montenegro: A panel data approach. <em>Journal of Tourism, Heritage &amp; Services Marketing, 9<\/em>(1), 25\u201336. https:\/\/doi.org\/10.5281\/zenodo.8054719 <\/p>\n\n\n\n<p id=\"block-616406e1-7a0d-4de9-9376-3d47e5716992\"><em>Full-text download:<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\" id=\"block-5cbae195-0b7c-4a88-821c-732d93a6d38f\"><a href=\"https:\/\/www.jthsm.gr\/vol9iss1\/9-1-3.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2017\/02\/PDF_Download_Logo-300x300.jpg\" alt=\"This image has an empty alt attribute; its file name is PDF_Download_Logo-300x300.jpg\" width=\"49\" height=\"49\"\/><\/a><\/figure>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\">Add blockAdd block<\/mark><\/p>\n\n\n\n<p class=\"has-medium-font-size\" id=\"block-3d47b0e9-c429-44b5-89b6-44d0f409a193\"><strong><a href=\"https:\/\/www.jthsm.gr\/?page_id=6616\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#1b3fab\" class=\"has-inline-color\">Behavioural intention of tourists towards volunteer tourism: A developing country perspective<\/mark><\/a><\/strong><\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" href=\"https:\/\/orcid.org\/0000-0001-9407-8180\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"15\" height=\"15\" class=\"wp-image-4454\" style=\"width: 15px;\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/10\/orcid-1-e1603636867626.png\" alt=\"\"><\/a> <em><strong>Shahzar Ali Khan<\/strong>,&nbsp;Aligarh Muslim University, India,<\/em> <em><strong><a rel=\"noreferrer noopener\" href=\"https:\/\/orcid.org\/0000-0001-8618-5939\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"15\" height=\"15\" class=\"wp-image-4454\" style=\"width: 15px;\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/10\/orcid-1-e1603636867626.png\" alt=\"\"><\/a> Verda Khan<\/strong>,&nbsp;Aligarh Muslim University, India<\/em> &amp; <a rel=\"noreferrer noopener\" href=\"https:\/\/orcid.org\/0000-0003-3855-1070\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"15\" height=\"15\" class=\"wp-image-4454\" style=\"width: 15px;\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/10\/orcid-1-e1603636867626.png\" alt=\"\"><\/a> <em><strong>Mohd Asif Khan<\/strong>, <\/em>Aligarh Muslim University, India<br>Published online: 10 June 2023, JTHSM, 9(1), pp.37-47.<\/p>\n\n\n\n<p>DOI:&nbsp;<a rel=\"noreferrer noopener\" href=\"http:\/\/doi.org\/10.5281\/zenodo.8054815\" target=\"_blank\">10.5281\/zenodo.8054815<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\" id=\"block-5671b636-acfe-4d30-810a-9e314c26d971\"><a href=\"https:\/\/www.jthsm.gr\/?page_id=6594\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/04\/crossmark2.png\" alt=\"This image has an empty alt attribute; its file name is crossmark2.png\" width=\"97\" height=\"20\"\/><\/a><\/figure>\n\n\n\n<p class=\"has-white-color has-text-color\">a<\/p>\n\n\n\n<p id=\"block-890b1667-f79e-4f24-95e6-740e85631e6b\"><strong>Abstract<\/strong><\/p>\n\n\n\n<p><strong><em>Purpose<\/em><\/strong><em>: <\/em>Although volunteer tourism has been studied via several theoretical lenses, little is known about the behavioural intention of potential volunteer tourists from developing nations. This study aimed to identify the behavioural intention of potential volunteer tourists and the factors motivating them. This study extends the theory of planned behaviour (TPB) to identify the potential volunteer tourists\u2019 behavioural intentions by adding four motivations: altruism, personal development, escape, and travel.<\/p>\n\n\n\n<p><strong><em>Methods<\/em><\/strong><em>: <\/em>A total of 272 valid responses were collected through an online survey. SmartPLS 3.0 was used to test the hypotheses. <\/p>\n\n\n\n<p><strong><em>Results<\/em><\/strong><em>: <\/em>The findings indicate that attitude, perceived behavioural control, subjective norms, escape, and personal development positively influences potential volunteer tourists\u2019 intention to take part in volunteer tourism programs. However, altruism and travel do not influence the potential volunteer tourists\u2019 intention to take part in volunteer tourism programs.<\/p>\n\n\n\n<p><strong><em>Implications<\/em><\/strong><em>: <\/em>Volunteer tourism organisers will get help from the present study\u2019s findings to design or improve volunteer tourism programs and activities accordingly, resulting in improved volunteer tourism experiences and, ultimately, impacting the tourists\u2019 intention to take part in volunteer tourism programs.<\/p>\n\n\n\n<p><strong>Keywords: <\/strong>Volunteer tourism, Theory of planned behaviour, Motivations, Potential volunteer tourists, Behavioural intention<br><strong>JEL Classification: <\/strong>L83, L52, E7<\/p>\n\n\n<p><script type=\"text\/javascript\" src=\"\/\/cdn.plu.mx\/widget-popup.js\"><\/script><\/p>\n<p><a href=\"https:\/\/plu.mx\/plum\/a\/?ssrn_id= 4484396\" data-popup=\"right\" data-badge=\"true\" class=\"plumx-plum-print-popup plum-liberty-theme\" data-site=\"plum\" data-hide-when-empty=\"true\">Behavioural Intention of Tourists Towards Volunteer Tourism: A Developing Country Perspective<\/a><\/p>\n\n\n<p><strong>Export reference:<\/strong><em><br><\/em><a rel=\"noreferrer noopener\" href=\"https:\/\/zenodo.org\/record\/8054815\/export\/hx\" target=\"_blank\">BibTeX<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a rel=\"noreferrer noopener\" href=\"https:\/\/zenodo.org\/record\/8054815\/export\/dcite4\" target=\"_blank\">DataCite<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a href=\"https:\/\/zenodo.org\/record\/8054815\/export\/xd\">Dublin Core<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a rel=\"noreferrer noopener\" href=\"https:\/\/www.mendeley.com\/import\/?url=https:\/\/zenodo.org\/record\/8054815\" target=\"_blank\">Mendeley<\/a><\/p>\n\n\n\n<p><strong>Cite as:<\/strong><\/p>\n\n\n\n<p>Khan, S.A., Khan, V. &amp; Khan, M.A. (2023). Behavioural intention of tourists towards volunteer tourism: A developing country perspective. <em>Journal of Tourism, Heritage &amp; Services Marketing, 9<\/em>(1), 37\u201347. https:\/\/doi.org\/10.5281\/zenodo.8054815<\/p>\n\n\n\n<p id=\"block-8cbbf739-075a-4e6f-8c98-d3649cd9bdb5\"><em>Full-text download:<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\" id=\"block-d03fdeb1-532e-466b-be94-43fb9a5a4a93\"><a href=\"https:\/\/www.jthsm.gr\/vol9iss1\/9-1-4.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2017\/02\/PDF_Download_Logo-300x300.jpg\" alt=\"This image has an empty alt attribute; its file name is PDF_Download_Logo-300x300.jpg\" width=\"49\" height=\"49\"\/><\/a><\/figure>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\">Add blockAdd block<\/mark><\/p>\n\n\n\n<p class=\"has-medium-font-size\" id=\"block-34aae4d5-74b8-43b7-8d96-deb2ff7b6b07\"><strong><a href=\"https:\/\/www.jthsm.gr\/?page_id=6626\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#1b3fab\" class=\"has-inline-color\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#1b3fab\" class=\"has-inline-color\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#1b3fab\" class=\"has-inline-color\">Tourists\u2019 risk perception towards Kashmir valley: An analysis using Tourism Risk Index<\/mark><\/strong><\/mark><\/strong><\/mark><\/a><\/strong><\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" href=\"https:\/\/orcid.org\/0000-0002-4548-7639\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"15\" height=\"15\" class=\"wp-image-4454\" style=\"width: 15px;\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/10\/orcid-1-e1603636867626.png\" alt=\"\"><\/a> <em><strong>Manjula Chaudhary<\/strong>,&nbsp;Kurukshetra University, India,<\/em> &amp; <a rel=\"noreferrer noopener\" href=\"https:\/\/orcid.org\/0000-0003-0045-3563\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"15\" height=\"15\" class=\"wp-image-4454\" style=\"width: 15px;\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/10\/orcid-1-e1603636867626.png\" alt=\"\"><\/a> <em><strong>Naser Ul Islam<\/strong>, <\/em>Tata Institute of Social Sciences, India<br>Published online: 10 June 2023, JTHSM, 9(1), pp.48-57.<\/p>\n\n\n\n<p>DOI:&nbsp;<a rel=\"noreferrer noopener\" href=\"http:\/\/doi.org\/10.5281\/zenodo.8054889\" target=\"_blank\">10.5281\/zenodo.8054889<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\" id=\"block-5d833bc2-731d-4828-91d8-d5817bd592a3\"><a href=\"https:\/\/www.jthsm.gr\/?page_id=6593\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/04\/crossmark2.png\" alt=\"This image has an empty alt attribute; its file name is crossmark2.png\" width=\"97\" height=\"20\"\/><\/a><\/figure>\n\n\n\n<p class=\"has-white-color has-text-color\">a<\/p>\n\n\n\n<p id=\"block-eca7aebb-01c5-4174-80f0-cec3e411b0de\"><strong>Abstract<\/strong><\/p>\n\n\n\n<p><strong><em>Purpose<\/em><\/strong><em>: <\/em>This research aims to present a Tourism Risk Index (TRI) for risk analysis at tourism destinations that can act as a usable tool to accurately capture the perception of risk by tourists.<\/p>\n\n\n\n<p><strong><em>Methods<\/em><\/strong><em>: <\/em>The TRI for this study is developed in Kashmir valley (India). The development of index began with the assumption that general perceptions echoed through mass media and word of mouth about the lack of security in the Kashmir valley are correct. It was followed by a survey of 370 tourists visiting the valley about common types of risks identified through the literature on tourism.<\/p>\n\n\n\n<p><strong><em>Results<\/em><\/strong><em>: <\/em>The results are not along expected lines rather suggest that visiting tourists perceive Kashmir valley as safe. The findings show that Kashmir valley is perceived overall as less risky on all components, and in descending order, these ranks as personal safety, natural risk, cultural risk, and human-induced risk.<\/p>\n\n\n\n<p><strong><em>Implications<\/em><\/strong><em>: <\/em>Destination managers would have promoted Kashmir valley with a different level of confidence if this insight would have been available to them, and the possibility of its positive effect on the perception of tourists not visiting the valley cannot be ruled out. The index can be used to consistently track the tourism risks of Kashmir or any other destination by inclusions of new risks as they crop up from time to time.<\/p>\n\n\n\n<p><strong>Keywords:<\/strong> Kashmir Valley, risk perception, risk measurement, Tourism Risk Index<\/p>\n\n\n\n<p><strong>JEL Classification: <\/strong>G32, D81, Z32<\/p>\n\n\n<p><script type=\"text\/javascript\" src=\"\/\/cdn.plu.mx\/widget-popup.js\"><\/script><\/p>\n<p><a href=\"https:\/\/plu.mx\/plum\/a\/?ssrn_id= 4484692\" data-popup=\"right\" data-badge=\"true\" class=\"plumx-plum-print-popup plum-liberty-theme\" data-site=\"plum\" data-hide-when-empty=\"true\">Tourists\u2019 Risk Perception Towards Kashmir Valley: An Analysis Using Tourism Risk Index<\/a><\/p>\n\n\n<p><strong>Export reference:<\/strong><em><br><\/em><a rel=\"noreferrer noopener\" href=\"https:\/\/zenodo.org\/record\/8054889\/export\/hx\" target=\"_blank\">BibTeX<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a rel=\"noreferrer noopener\" href=\"https:\/\/zenodo.org\/record\/8054889\/export\/dcite4\" target=\"_blank\">DataCite<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a rel=\"noreferrer noopener\" href=\"https:\/\/zenodo.org\/record\/8054889\/export\/xd\" target=\"_blank\">Dublin Core<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a rel=\"noreferrer noopener\" href=\"https:\/\/www.mendeley.com\/import\/?url=https:\/\/zenodo.org\/record\/8054889\" target=\"_blank\">Mendeley<\/a><\/p>\n\n\n\n<p><strong>Cite as:<\/strong><\/p>\n\n\n\n<p>Chaudhary, M., &amp; Ul Islam, N. (2023). Tourists\u2019 risk perception towards Kashmir valley: An analysis using Tourism Risk Index. <em>Journal of Tourism, Heritage &amp; Services Marketing, 9<\/em>(1), 48\u201357. https:\/\/doi.org\/10.5281\/zenodo.8054889<\/p>\n\n\n\n<p id=\"block-56387cc1-9caa-44bd-8acc-d8253540686e\"><em>Full-text download:<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\" id=\"block-fe26f248-d759-4eb6-897f-bf187a8b8775\"><a href=\"https:\/\/www.jthsm.gr\/vol9iss1\/9-1-5.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2017\/02\/PDF_Download_Logo-300x300.jpg\" alt=\"This image has an empty alt attribute; its file name is PDF_Download_Logo-300x300.jpg\" width=\"49\" height=\"49\"\/><\/a><\/figure>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\">a<\/mark><\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\">ckAdd block<\/mark><\/p>\n\n\n\n<p><strong>CASE STUDY:<\/strong><\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\">a<\/mark><\/p>\n\n\n\n<p class=\"has-medium-font-size\" id=\"block-34aae4d5-74b8-43b7-8d96-deb2ff7b6b07\"><strong><a href=\"https:\/\/www.jthsm.gr\/?page_id=6638\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#1b3fab\" class=\"has-inline-color\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#1b3fab\" class=\"has-inline-color\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#1b3fab\" class=\"has-inline-color\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#1b3fab\" class=\"has-inline-color\">The debt crisis and the adoption of Asset-Light and Fee-Orientated (ALFO) arrangements at Marriott: 1980-1995<\/mark><\/strong><\/mark><\/strong><\/mark><\/strong><\/mark><\/a><\/strong><\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" href=\"https:\/\/orcid.org\/0000-0002-3923-4424\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"15\" height=\"15\" class=\"wp-image-4454\" style=\"width: 15px;\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/10\/orcid-1-e1603636867626.png\" alt=\"\"><\/a> <em><strong>John Rice<\/strong>,&nbsp;University of Sharjah, United Arab Emirates,<\/em> <a rel=\"noreferrer noopener\" href=\"https:\/\/orcid.org\/0000-0002-7793-1597\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"15\" height=\"15\" class=\"wp-image-4454\" style=\"width: 15px;\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/10\/orcid-1-e1603636867626.png\" alt=\"\"><\/a> <em><strong>Muhammad Mustafa Raziq<\/strong><em>,<\/em>&nbsp;University of Sharjah, United Arab Emirates<\/em>, <a href=\"https:\/\/orcid.org\/0000-0002-5531-4627\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"15\" height=\"15\" class=\"wp-image-4454\" style=\"width: 15px;\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/10\/orcid-1-e1603636867626.png\" alt=\"\"><\/a> <em><strong>Nigel Martin<\/strong>, Australian National University, Australia<\/em>, <a rel=\"noreferrer noopener\" href=\"https:\/\/orcid.org\/0000-0002-9509-6628\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"15\" height=\"15\" class=\"wp-image-4454\" style=\"width: 15px;\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/10\/orcid-1-e1603636867626.png\" alt=\"\"><\/a> <strong><em>Peter Fieger<\/em><\/strong><em><em>,<\/em>&nbsp;University of New England, Australia<\/em> &amp; <a rel=\"noreferrer noopener\" href=\"https:\/\/orcid.org\/0000-0003-0738-5145\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"15\" height=\"15\" class=\"wp-image-4454\" style=\"width: 15px;\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/10\/orcid-1-e1603636867626.png\" alt=\"\"><\/a> <em><strong>Bridget Rice<\/strong>, Zayed University, United Arab Emirates<\/em><br>Published online: 10 June 2023, JTHSM, 9(1), pp.58-66.<\/p>\n\n\n\n<p>DOI:&nbsp;<a rel=\"noreferrer noopener\" href=\"http:\/\/doi.org\/10.5281\/zenodo.8054968\" target=\"_blank\">10.5281\/zenodo.8054968<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\" id=\"block-5d833bc2-731d-4828-91d8-d5817bd592a3\"><a href=\"https:\/\/www.jthsm.gr\/?page_id=6592\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2020\/04\/crossmark2.png\" alt=\"This image has an empty alt attribute; its file name is crossmark2.png\" width=\"97\" height=\"20\"\/><\/a><\/figure>\n\n\n\n<p class=\"has-white-color has-text-color\">a<\/p>\n\n\n\n<p id=\"block-eca7aebb-01c5-4174-80f0-cec3e411b0de\"><strong>Abstract<\/strong><\/p>\n\n\n\n<p><strong><em>Purpose<\/em><\/strong><em>: <\/em>This case study examines Marriott Corporation&#8217;s large and successful spinoff between 1993 and 1995 and the concomitant adoption of a corporate ALFO strategy enabled by the transfer of assets and debt between the two entities. As an example of corporate restructuring, it involves changing ownership, operational structure, or business activities within a corporation in order to improve shareholder performance.<\/p>\n\n\n\n<p><strong><em>Methods<\/em><\/strong><em>: <\/em>Key directional changes in Marriott\u2019s history that have changed the structure of the business is used to examine the spinoff and ALFO strategy adaptation.<\/p>\n\n\n\n<p><strong><em>Results<\/em><\/strong><em>: <\/em>Marriot have been characterised by a small number of significant and foresightful innovations. There was a great deal of importance attached to the company&#8217;s move away from food service and towards accommodation in the future. During the early stages of the company&#8217;s existence, the company was located near Marriott&#8217;s Bethesda headquarters and was headed by the founder&#8217;s oldest son. There is no doubt that these investments have been probing in nature in the recent past, but they are significant in terms of scale and commitment in the future.<\/p>\n\n\n\n<p><strong><em>Implications<\/em><\/strong><em>: <\/em>Marriott&#8217;s success can be attributed to the fact that the company has a flexible corporate strategy that focuses on high growth and high yield business opportunities, as well as the willingness to dispose of assets that don&#8217;t provide this outcome. As a result of this focus, the company was able to grow globally from the 1990s onwards. Ultimately, it can be said that the company&#8217;s success can be attributed to the fact that it has adapted appropriately and successfully to changing operational and industry realities over the course of many decades, especially as exigencies in the asset and debt markets rendered the portfolio structure it had developed over so many decades unsustainable.<\/p>\n\n\n\n<p><strong>Keywords:<\/strong> Business history, Capability development, Lodging industry, Financing models<\/p>\n\n\n\n<p><strong>JEL Classification:<\/strong> B1, N80, Z30 <\/p>\n\n\n<p><script type=\"text\/javascript\" src=\"\/\/cdn.plu.mx\/widget-popup.js\"><\/script><\/p>\n<p><a href=\"https:\/\/plu.mx\/plum\/a\/?ssrn_id= 4484703\" data-popup=\"right\" data-badge=\"true\" class=\"plumx-plum-print-popup plum-liberty-theme\" data-site=\"plum\" data-hide-when-empty=\"true\">The Debt Crisis and the Adoption of Asset-Light and Fee-Orientated (ALFO) Arrangements at Marriott: 1980-1995<\/a><\/p>\n\n\n<p><strong>Export reference:<\/strong><em><br><\/em><a rel=\"noreferrer noopener\" href=\"https:\/\/zenodo.org\/record\/8054968\/export\/hx\" target=\"_blank\">BibTeX<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a rel=\"noreferrer noopener\" href=\"https:\/\/zenodo.org\/record\/8054968\/export\/dcite4\" target=\"_blank\">DataCite<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a rel=\"noreferrer noopener\" href=\"https:\/\/zenodo.org\/record\/8054968\/export\/xd\" target=\"_blank\">Dublin Core<\/a><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ffffff\" class=\"has-inline-color\">,,<\/mark><a rel=\"noreferrer noopener\" href=\"https:\/\/www.mendeley.com\/import\/?url=https:\/\/zenodo.org\/record\/8054968\" target=\"_blank\">Mendeley<\/a><\/p>\n\n\n\n<p><strong>Cite as:<\/strong><\/p>\n\n\n\n<p>Rice, J., Raziq, M.M., Martin, N., Fieger, P., &amp; Rice, B. (2023). The debt crisis and the adoption of Asset-Light and Fee-Orientated (ALFO) arrangements at Marriott: 1980-1995. <em>Journal of Tourism, Heritage &amp; Services Marketing, 9<\/em>(1), 58\u201366. https:\/\/doi.org\/10.5281\/zenodo.8054968<\/p>\n\n\n\n<p id=\"block-56387cc1-9caa-44bd-8acc-d8253540686e\"><em>Full-text download:<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\" id=\"block-fe26f248-d759-4eb6-897f-bf187a8b8775\"><a href=\"https:\/\/www.jthsm.gr\/vol9iss1\/9-1-6.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jthsm.gr\/wp-content\/uploads\/2017\/02\/PDF_Download_Logo-300x300.jpg\" alt=\"This image has an empty alt attribute; its file name is PDF_Download_Logo-300x300.jpg\" width=\"49\" height=\"49\"\/><\/a><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\">ckAdd block<\/mark><\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\">a<\/mark><\/p>\n\n\n\n<p><a href=\"https:\/\/www.jthsm.gr\/?page_id=5664\">&lt; Back to Volume 8, Issue 1<\/a><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\">aaaaaaaaaaaaa<\/mark><a href=\"https:\/\/www.jthsm.gr\/?page_id=5095\">Next to Volume 9, Issue 2 &gt;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The complete Volume 9, Issue 1, 2023, is available to download here (7,3MB). Detailed information for each paper included in Volume 9, Issue 1, 2023, is presented bellow: a a Editorial Evangelos Christou,\u00a0Editor-in-Chief,\u00a0International Hellenic University,\u00a0Greece, Anestis Fotiadis,\u00a0Co-Editor,\u00a0Zayed University, United Arab EmiratesPublished online: 10 June 2023, JTHSM, 9(1), pp.1-2. DOI:\u00a010.5281\/zenodo.8055158 a Time for celebration! The Journal [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-6674","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.jthsm.gr\/index.php?rest_route=\/wp\/v2\/pages\/6674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jthsm.gr\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.jthsm.gr\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.jthsm.gr\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jthsm.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6674"}],"version-history":[{"count":60,"href":"https:\/\/www.jthsm.gr\/index.php?rest_route=\/wp\/v2\/pages\/6674\/revisions"}],"predecessor-version":[{"id":6770,"href":"https:\/\/www.jthsm.gr\/index.php?rest_route=\/wp\/v2\/pages\/6674\/revisions\/6770"}],"wp:attachment":[{"href":"https:\/\/www.jthsm.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}