Perspectives of a family-operated company in the tourism industry. Challenges and chances
Perspectives of a family-operated company in the tourism industry. Challenges and chances

Author: Alina Fackler

Publisher: GRIN Verlag

Published: 2018-05-16

Total Pages: 19

ISBN-13: 3668704503

DOWNLOAD EBOOK

Seminar paper from the year 2018 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, University of Applied Sciences Deggendorf, language: English, abstract: This paper aims to show the perspectives of a family-operated company in tourism as well as to analyze the strengths, weaknesses, opportunities and threats with the help of the SWOT analysis. Family businesses are more widespread in Germany than any other form of business. The outstanding importance of this form of enterprise for employment, growth and innovative power of the German economy is repeatedly emphasized in the public discussion. 90% of companies in Germany belong to this form. They generate almost half of the gross domestic product in Europe. The success of family businesses not only depends on the overall economic performance but also, they determine many other factors that are important to our society: sustainability, environmental orientation, ethics, multiculturalism and a strong value-oriented attitude. One of the most important tasks is therefore to strengthen the sustainability of family businesses and to support their corporate development. Well-known companies such as Volkswagen, BMW and Aldi are also among the top 5 of the 1.000 largest family-owned companies in Germany. The owners are not necessarily active in the business, but for more than 61 percent of the top 1000 companies, the owner is also active as a manager or chairperson. One of the most striking features of German family businesses is their combination of tradition and innovation. The agility and innovation power comes not only from the much-vaunted greater flexibility and shorter decision-making of family-owned businesses. They also invest heavily in research and development. Also in the tourism industry, especially in the hotel sector, family businesses play an important role. Especially in this industry, Family businesses shine with customer proximity and service.

The Family Business in Tourism and Hospitality
The Family Business in Tourism and Hospitality

Author: Donald Getz

Publisher: CABI

Published: 2004-04-16

Total Pages: 250

ISBN-13: 9780851999227

DOWNLOAD EBOOK

The family business is a global phenomenon, and is particularly prominent in tourism and hospitality. In many cases, the family business was developed for the purpose of facilitating personal and family goals. For example, in rural areas, farmers can use tourism as a way to generate additional income, thereby remaining in the area and retaining family property. Running a bed and breakfast establishment is a way to mix family and work. Lifestyle, locational and autonomy motives are the norm, but profit and growth-oriented entrepreneurs are also found within family businesses.This book is the first academic treatment of family business issues within the tourism and hospitality industry. It provides comprehensive assessment of ownership, management and family-related concerns across the entire business and family life cycle. Many new international case studies of real family businesses are used to illustrate key points. The book will be of significant interest to researchers and students in tourism and hospitality, small business and entrepreneurship studies, as well as to owners and potential investors in family businesses.

ISCONTOUR 2020 Tourism Research Perspectives
ISCONTOUR 2020 Tourism Research Perspectives

Author: Christian Maurer

Publisher: BoD – Books on Demand

Published: 2020-04-30

Total Pages: 357

ISBN-13: 3751906649

DOWNLOAD EBOOK

The International Student Conference in Tourism Research (ISCONTOUR) offers students a unique platform to present their research and establish a mutual knowledge transfer forum for attendees from academia, industry, government and other organisations. The annual conference, which is jointly organized by the IMC University of Applied Sciences Krems and the Management Center Innsbruck, takes place alternatively at the locations Krems and Innsbruck. The conference research chairs are Prof. (FH) Mag. Christian Maurer (University of Applied Sciences Krems) and Prof. (FH) Mag. Hubert Siller (Management Center Innsbruck). The target audience include international bachelor, master and PhD students, graduates, lecturers and professors from the field of tourism and leisure management as well as businesses and anyone interested in cutting-edge research of the conference topic areas. The proceedings of the 8th International Student Conference in Tourism Research include a wide variety of research topics, ranging from consumer behaviour, tourist experience, information and communication technologies, marketing, destination management, and sustainable tourism management.

Resiliency Models and Addressing Future Risks for Family Firms in the Tourism Industry
Resiliency Models and Addressing Future Risks for Family Firms in the Tourism Industry

Author: Zehrer, Anita

Publisher: IGI Global

Published: 2021-05-07

Total Pages: 361

ISBN-13: 1799873544

DOWNLOAD EBOOK

Family-owned and family-run firms, which are mostly small and medium-sized enterprises, are important when it comes to tourist destinations. It is therefore essential to understand how family firms address future risks and the challenges they face as part of the tourism industry. Since family businesses play such an important role for the entire tourism industry, it is worthwhile to analyze this business type when it comes to organizational resilience. Further, the development of practical solutions from field or case studies are beneficial for creating valuable learning effects for both firms and destinations alike. The examination of one risk scenario and its successful or missing management might be beneficial to create useful learning effects for the future. Therefore, it is essential to understand contemporary issues and future challenges of family firms in the hospitality/service industry and to examine different perspectives at an individual, firm, and destination management level. Resiliency Models and Addressing Future Risks for Family Firms in the Tourism Industry provides an in-depth examination of tourism family firms, since these firms are essential for supplying solutions for challenges such as dealing with uncertainty, becoming or remaining resilient, and creating sustainable tourism destinations. The chapters address the challenges of sustainability and resilience in an uncertain world and connects knowledge from family business research to tourism research, focusing on hospitality. Highlighted topics include organization ambidexterity, pandemic risk, firm management and leadership, and technology use in firm operations. This book is essential for family firms, hotel management, entrepreneurs, restaurateurs, tourism professionals, academicians, researchers, and students seeking the most advanced research on family firm’s resilience and risk management within the tourism industry.

Family Tourism
Family Tourism

Author: Heike Schanzel

Publisher: Channel View Publications

Published: 2012

Total Pages: 218

ISBN-13: 184541327X

DOWNLOAD EBOOK

This cutting-edge international book brings together leading experts? latest research in the field of family tourism by adding to its underdeveloped knowledge base. Family Tourism: Multidisciplinary Perspectives underlines the infancy of academic family tourism research that belies its market importance and directs towards future implications and theoretical debates about the place of families within tourism.

Small Firms in Tourism
Small Firms in Tourism

Author: Rhodri Thomas

Publisher: Routledge

Published: 2013-06-17

Total Pages: 336

ISBN-13: 1136366164

DOWNLOAD EBOOK

This book provides a varied collection of recent research relating to small businesses in tourism. In doing so it reflects the eclecticism of interest and method associated with this under-researched and under-theorised area of investigation. Topics range from the potential contribution of small firms to achieving social or economic goals to understanding more about business performance and growth. As is common in tourism research, disciplinary boundaries are routinely transgressed in the interests of gaining greater illumination. Insights from a variety of countries are offered, sometimes as a result of trans-national collaboration initiated specifically for this book.

Handbook of Tourism Entrepreneurship
Handbook of Tourism Entrepreneurship

Author: Rob Hallak

Publisher: Edward Elgar Publishing

Published: 2024-05-02

Total Pages: 445

ISBN-13: 1803920025

DOWNLOAD EBOOK

The Handbook of Tourism Entrepreneurship outlines the foundations of success in the tourism sector, examining the ways in which small and medium sized enterprises (SMEs) can become economic engines for tourism destinations by boosting regional growth and prosperity.

Tourism in OECD Countries 2008 Trends and Policies
Tourism in OECD Countries 2008 Trends and Policies

Author: OECD

Publisher: OECD Publishing

Published: 2008-02-11

Total Pages: 240

ISBN-13: 9264039775

DOWNLOAD EBOOK

The first edition of a biennial publication which analyses best practice in OECD and selected non member economies. It surveys a number of initiatives taken by governments and businesses in the tourism field, and provides a statistical profile of tourism in reporting countries.

Family Business Debates
Family Business Debates

Author: Oscar Montiel

Publisher: Emerald Group Publishing

Published: 2022-11-28

Total Pages: 263

ISBN-13: 180117668X

DOWNLOAD EBOOK

Family Business Debates provides a novel, ground-breaking approach to diverse and contemporary topics in current business management research, focusing on family enterprises to study both the positive and negative aspects of such commercial structures.