Regional resilience is typically described as the ability of a region to withstand shocks and rec... more Regional resilience is typically described as the ability of a region to withstand shocks and recuperate from various crises. Τhis paper examines the quantitative aspect of tourism resilience and focuses on tourism employment. The aim is to highlight the distinct potential of each Greek region to recover from the ongoing pandemic, based on its calculated tourism resilience. This empirical research uses secondary data and calculated indices developed for evaluating regional resilience. Statistical data from official sources provides information regarding regional employment with focus on tourism. Preliminary findings show that important differences are evident between regions regarding their resilience and their subsequent ability to recover from ongoing crises. Estimated resiliency is not always accompanied by a corresponding recovery, especially on the tourism sector. Regions with a strong tourism industry seem to have a stronger resilience than regions that base their development ...
PurposeThis paper aims to offer new insights on how the adoption of contemporary international ac... more PurposeThis paper aims to offer new insights on how the adoption of contemporary international accounting standards can affect the financial performance of a hotel. It provides significant input for strategic decision making in property management, especially in countries where hotels properties are given a choice between different accounting standards.Design/methodology/approachData was collected from 3-, 4- and 5- star hotels in Greece, through primary research with questionnaires, filled by hotel financial managers. Greece was selected because hotels can choose between national and international accounting standards; therefore, the research could focus on actual factors beyond mandatory adoption.FindingsMicroeconomic factors such as category or legal form of the hotel in combination with other factors can affect the perceived benefits of the selected accounting standards. Macroeconomic factors such as the overall tourism development of the destination also affect the perceived im...
ABSTRACT The purpose of this study is to propose a suitable measure for evaluating the effectiven... more ABSTRACT The purpose of this study is to propose a suitable measure for evaluating the effectiveness of regional destination management towards building a successful destination image. The study introduces a new methodology that examines the similarities and differences of the views between the tourism demand side as expressed by tourists’ opinions on TripAdvisor and the supply side as expressed by local policy makers. Analysis of quantitative and qualitative survey data reveals measurable discrepancies caused by local strategy and policy decisions and by attributes of the destinations. Destination management organizations could conduct similar surveys to evaluate the effectiveness and overall success of local branding and destination promotion strategies. This is one of the few studies focusing on the individuals with key roles in local tourism management, comparing the perspectives of the demand and supply side and identifying reasons for failure, based on factors acknowledged by the local policy makers.
Place branding is often considered as one of the favorable modern approaches for strengthening re... more Place branding is often considered as one of the favorable modern approaches for strengthening regional and local tourism. The current economic crisis has affected economic and social structures in many countries, especially in Southern Europe. However, tourism seems to be one of the few sectors that tend to resist to the occurring extensive loss of jobs and businesses. After the initial shock that makes tourists wary of visiting crisis-stricken countries, the trust is rapidly restored. The remarkable resilience may appear at a first glance as a self-sustainable activity that could keep going on simply by continuing successful promotion and marketing schemas of the past. Extensive national economy reforms have relatively slow and limited effects in comparison to the almost automatic rebounding of the tourism sector, which further strengthens the impression that for already established destinations there is no strong need for new approaches and methods. In the past, large amounts of ...
The study presented in the paper attempts to examine if the alleged effectiveness of the developm... more The study presented in the paper attempts to examine if the alleged effectiveness of the developmental funds-one of the main strategic tools of the EU-can be traced in the typical statistics provided by various authorities and organizations. The study focuses in the case ...
1 is Lecturer of Quantitative Methods in the School of Business, Department of Business Administr... more 1 is Lecturer of Quantitative Methods in the School of Business, Department of Business Administration, University of the Aegean, Chios, Greece. She holds a first degree in Mathematics from the University of Athens, an MSc degree in Decision Sciences from Athens ...
... 20: 121-34. Govers, R. and Go, FM (2003). Deconstructing Destination Image in the Information... more ... 20: 121-34. Govers, R. and Go, FM (2003). Deconstructing Destination Image in the Information Age, Information Technology & Tourism, Volume 6(1): 13-29. Govers, R., Go, FM and Kumar, K. (2007). Promoting Tourism Destination Image, Journal of Travel Research 46(15). ...
ABSTRACT Exclusive research has been conducted regarding sustainable development of island and is... more ABSTRACT Exclusive research has been conducted regarding sustainable development of island and isolated regions. These regions are typically unattractive for most economic activities. Besides other reasons, the lack of effective transportation network is one of the most important obstacles. Since it is not possible to improve this aspect, other options for development must be considered, including - but not limited to: a) Encouraging activities that do not depend on external physical connections b) Encouraging activities for which the location of an area can actually be a strategic advantage or does not play any significant role c) Overcoming connection limitations by establishing new means of communication with other regions and central areas. Network organizations can extend over several different regions. The structure of a typical virtual enterprise could connect businesses or other units placed far apart from each other. Some of these can be located in less favoured regions while others enjoy the environment and privileges of well-developed central areas. Within these dynamic modern organizations the various parts of a virtual enterprise interact and exchange products, services, knowledge and funds. Through these activities, the regions themselves also interact, either directly or most often, indirectly. The link between a business unit located in a less favoured region and another one in a more developed area, affects both units in various ways. Therefore, the establishment of new communication channels indicates new forms of interaction between regions.
In an open global market, SMEs are facing new challenges while trying to compete with large world... more In an open global market, SMEs are facing new challenges while trying to compete with large worldwide corporations. The forming of innovative alliances, known as virtual organizations (VO), is one of the most interesting proposals to achieve competitiveness and exploit ...
The deregulation of air transport has increased competition between air carriers, resulting in lo... more The deregulation of air transport has increased competition between air carriers, resulting in lower fares and increased volumes of passengers. Subsequently, the fare reduction has altered the market structure with the establishment of new carriers, strategic alliances and mergers, and the bankruptcy of several traditional airlines which were unable to adapt to the new environment. The emergence of low cost carriers (LCCs) is one important outcome of the deregulation. LCCs entered the market by offering a differentiated product based on bare services offered at significantly lower prices. The main target was travelers with increased sensitivity in pricing and less demand for all-around services. The rise in terms of passengers and flights dictated a better utilization of the fleet, requiring reduced turnaround times at airports. Many central airports had very little flexibility and capacity necessary to facilitate additional timeslots. As an answer to inadequate capacity combined wi...
2009, International Conference on Tourism Development and Management, pp 544-550 , 2009
Air travellers arriving to a distant "summer vacation" destination with a chartered flight is per... more Air travellers arriving to a distant "summer vacation" destination with a chartered flight is perhaps one of the most well descriptive images of mass tourism. Most popular destinations have either a direct flight connection or one with intermediate stops to the origin of the tourists; depending on factors such as location, distance, and local aviation infrastructure. This paper examines the role or the local airports in the development of tourism in the area they serve. The research examines the patterns of visitors arriving by air and identifies some important factors related to the capacity and capabilities of the airports. Findings are based on a case study regarding the island of Chios in Greece; however findings are considered to be applicable on other similar destinations as well.
Proceedings International Conference on Tourism Development and Management, pp 502-509, Sep 12, 2009
The tourism industry along with the shipping industry constitutes the two bigger economies of Gre... more The tourism industry along with the shipping industry constitutes the two bigger economies of Greece, helping considerably both the national economy and the local communities. “Air tourists” visiting the islands from abroad during the period 1990- 2007, presented an average increase of 6.1%, that is to say, a higher increase of 0.8% comparing to the total figure of Greek tourism industry. From the 20.5 million passengers that had arrived Greece, 9.5 million of them visited Greek islands (46.9%).. Most of those 9.5 millions (77.5%) were passengers from abroad, reaching almost 7.5 million passengers. In this paper we consider air tourism of Chios island comparing it with the other islands. Our analysis shows that air tourism from abroad to Chios seems both negligible and declining. It’s questionable why Chios, although a big island with natural beauty, rich tradition, and considerable religious and archaeological monuments, has low comparable tourism development to other Greek islands (Angelis and Katarelos, 2000). In order to solve this problem, some suggestions are given to reverse the situation.
The deregulation of air transport has increased the competition between air carriers, resulting i... more The deregulation of air transport has increased the competition between air carriers, resulting in lower fares and increased volumes of passengers. Subsequently, the fare reduction has altered the market structure with the establishment of new carriers, strategic alliances and mergers, and the bankruptcy of several traditional airlines which were unable to adapt to the new environment.
The emergence of low cost carriers (LCCs) is one important outcome of the deregulation. LCCs entered the market by offering a differentiated product based on bare services offered at significantly lower prices. The main target was travelers with increased sensitivity in pricing and less demand for all-around services.
The increase in terms of passengers and flights dictated a better utilization of the fleet, requiring reduced turnaround times at airports. Many central airports had very little flexibility and capacity necessary to facilitate additional timeslots. As an answer to inadequate capacity combined with higher taxes and fees, most LCCs have chosen to use secondary or regional airports. This choice has altered the balance and strategic importance between airports and increased their importance for air carriers.
This paper examines the evolution and development of LCCs globally, along with the consequences of their expansion to the traditional carriers, the market and the passengers. Emphasis is given to the relationship between LCCs and airports which has resulted in an additional increase in air travel. The prospects of Greece as a market for LCCs are also being discussed.
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Regional resilience is typically described as the ability of a region to withstand shocks and rec... more Regional resilience is typically described as the ability of a region to withstand shocks and recuperate from various crises. Τhis paper examines the quantitative aspect of tourism resilience and focuses on tourism employment. The aim is to highlight the distinct potential of each Greek region to recover from the ongoing pandemic, based on its calculated tourism resilience. This empirical research uses secondary data and calculated indices developed for evaluating regional resilience. Statistical data from official sources provides information regarding regional employment with focus on tourism. Preliminary findings show that important differences are evident between regions regarding their resilience and their subsequent ability to recover from ongoing crises. Estimated resiliency is not always accompanied by a corresponding recovery, especially on the tourism sector. Regions with a strong tourism industry seem to have a stronger resilience than regions that base their development ...
PurposeThis paper aims to offer new insights on how the adoption of contemporary international ac... more PurposeThis paper aims to offer new insights on how the adoption of contemporary international accounting standards can affect the financial performance of a hotel. It provides significant input for strategic decision making in property management, especially in countries where hotels properties are given a choice between different accounting standards.Design/methodology/approachData was collected from 3-, 4- and 5- star hotels in Greece, through primary research with questionnaires, filled by hotel financial managers. Greece was selected because hotels can choose between national and international accounting standards; therefore, the research could focus on actual factors beyond mandatory adoption.FindingsMicroeconomic factors such as category or legal form of the hotel in combination with other factors can affect the perceived benefits of the selected accounting standards. Macroeconomic factors such as the overall tourism development of the destination also affect the perceived im...
ABSTRACT The purpose of this study is to propose a suitable measure for evaluating the effectiven... more ABSTRACT The purpose of this study is to propose a suitable measure for evaluating the effectiveness of regional destination management towards building a successful destination image. The study introduces a new methodology that examines the similarities and differences of the views between the tourism demand side as expressed by tourists’ opinions on TripAdvisor and the supply side as expressed by local policy makers. Analysis of quantitative and qualitative survey data reveals measurable discrepancies caused by local strategy and policy decisions and by attributes of the destinations. Destination management organizations could conduct similar surveys to evaluate the effectiveness and overall success of local branding and destination promotion strategies. This is one of the few studies focusing on the individuals with key roles in local tourism management, comparing the perspectives of the demand and supply side and identifying reasons for failure, based on factors acknowledged by the local policy makers.
Place branding is often considered as one of the favorable modern approaches for strengthening re... more Place branding is often considered as one of the favorable modern approaches for strengthening regional and local tourism. The current economic crisis has affected economic and social structures in many countries, especially in Southern Europe. However, tourism seems to be one of the few sectors that tend to resist to the occurring extensive loss of jobs and businesses. After the initial shock that makes tourists wary of visiting crisis-stricken countries, the trust is rapidly restored. The remarkable resilience may appear at a first glance as a self-sustainable activity that could keep going on simply by continuing successful promotion and marketing schemas of the past. Extensive national economy reforms have relatively slow and limited effects in comparison to the almost automatic rebounding of the tourism sector, which further strengthens the impression that for already established destinations there is no strong need for new approaches and methods. In the past, large amounts of ...
The study presented in the paper attempts to examine if the alleged effectiveness of the developm... more The study presented in the paper attempts to examine if the alleged effectiveness of the developmental funds-one of the main strategic tools of the EU-can be traced in the typical statistics provided by various authorities and organizations. The study focuses in the case ...
1 is Lecturer of Quantitative Methods in the School of Business, Department of Business Administr... more 1 is Lecturer of Quantitative Methods in the School of Business, Department of Business Administration, University of the Aegean, Chios, Greece. She holds a first degree in Mathematics from the University of Athens, an MSc degree in Decision Sciences from Athens ...
... 20: 121-34. Govers, R. and Go, FM (2003). Deconstructing Destination Image in the Information... more ... 20: 121-34. Govers, R. and Go, FM (2003). Deconstructing Destination Image in the Information Age, Information Technology & Tourism, Volume 6(1): 13-29. Govers, R., Go, FM and Kumar, K. (2007). Promoting Tourism Destination Image, Journal of Travel Research 46(15). ...
ABSTRACT Exclusive research has been conducted regarding sustainable development of island and is... more ABSTRACT Exclusive research has been conducted regarding sustainable development of island and isolated regions. These regions are typically unattractive for most economic activities. Besides other reasons, the lack of effective transportation network is one of the most important obstacles. Since it is not possible to improve this aspect, other options for development must be considered, including - but not limited to: a) Encouraging activities that do not depend on external physical connections b) Encouraging activities for which the location of an area can actually be a strategic advantage or does not play any significant role c) Overcoming connection limitations by establishing new means of communication with other regions and central areas. Network organizations can extend over several different regions. The structure of a typical virtual enterprise could connect businesses or other units placed far apart from each other. Some of these can be located in less favoured regions while others enjoy the environment and privileges of well-developed central areas. Within these dynamic modern organizations the various parts of a virtual enterprise interact and exchange products, services, knowledge and funds. Through these activities, the regions themselves also interact, either directly or most often, indirectly. The link between a business unit located in a less favoured region and another one in a more developed area, affects both units in various ways. Therefore, the establishment of new communication channels indicates new forms of interaction between regions.
In an open global market, SMEs are facing new challenges while trying to compete with large world... more In an open global market, SMEs are facing new challenges while trying to compete with large worldwide corporations. The forming of innovative alliances, known as virtual organizations (VO), is one of the most interesting proposals to achieve competitiveness and exploit ...
The deregulation of air transport has increased competition between air carriers, resulting in lo... more The deregulation of air transport has increased competition between air carriers, resulting in lower fares and increased volumes of passengers. Subsequently, the fare reduction has altered the market structure with the establishment of new carriers, strategic alliances and mergers, and the bankruptcy of several traditional airlines which were unable to adapt to the new environment. The emergence of low cost carriers (LCCs) is one important outcome of the deregulation. LCCs entered the market by offering a differentiated product based on bare services offered at significantly lower prices. The main target was travelers with increased sensitivity in pricing and less demand for all-around services. The rise in terms of passengers and flights dictated a better utilization of the fleet, requiring reduced turnaround times at airports. Many central airports had very little flexibility and capacity necessary to facilitate additional timeslots. As an answer to inadequate capacity combined wi...
2009, International Conference on Tourism Development and Management, pp 544-550 , 2009
Air travellers arriving to a distant "summer vacation" destination with a chartered flight is per... more Air travellers arriving to a distant "summer vacation" destination with a chartered flight is perhaps one of the most well descriptive images of mass tourism. Most popular destinations have either a direct flight connection or one with intermediate stops to the origin of the tourists; depending on factors such as location, distance, and local aviation infrastructure. This paper examines the role or the local airports in the development of tourism in the area they serve. The research examines the patterns of visitors arriving by air and identifies some important factors related to the capacity and capabilities of the airports. Findings are based on a case study regarding the island of Chios in Greece; however findings are considered to be applicable on other similar destinations as well.
Proceedings International Conference on Tourism Development and Management, pp 502-509, Sep 12, 2009
The tourism industry along with the shipping industry constitutes the two bigger economies of Gre... more The tourism industry along with the shipping industry constitutes the two bigger economies of Greece, helping considerably both the national economy and the local communities. “Air tourists” visiting the islands from abroad during the period 1990- 2007, presented an average increase of 6.1%, that is to say, a higher increase of 0.8% comparing to the total figure of Greek tourism industry. From the 20.5 million passengers that had arrived Greece, 9.5 million of them visited Greek islands (46.9%).. Most of those 9.5 millions (77.5%) were passengers from abroad, reaching almost 7.5 million passengers. In this paper we consider air tourism of Chios island comparing it with the other islands. Our analysis shows that air tourism from abroad to Chios seems both negligible and declining. It’s questionable why Chios, although a big island with natural beauty, rich tradition, and considerable religious and archaeological monuments, has low comparable tourism development to other Greek islands (Angelis and Katarelos, 2000). In order to solve this problem, some suggestions are given to reverse the situation.
The deregulation of air transport has increased the competition between air carriers, resulting i... more The deregulation of air transport has increased the competition between air carriers, resulting in lower fares and increased volumes of passengers. Subsequently, the fare reduction has altered the market structure with the establishment of new carriers, strategic alliances and mergers, and the bankruptcy of several traditional airlines which were unable to adapt to the new environment.
The emergence of low cost carriers (LCCs) is one important outcome of the deregulation. LCCs entered the market by offering a differentiated product based on bare services offered at significantly lower prices. The main target was travelers with increased sensitivity in pricing and less demand for all-around services.
The increase in terms of passengers and flights dictated a better utilization of the fleet, requiring reduced turnaround times at airports. Many central airports had very little flexibility and capacity necessary to facilitate additional timeslots. As an answer to inadequate capacity combined with higher taxes and fees, most LCCs have chosen to use secondary or regional airports. This choice has altered the balance and strategic importance between airports and increased their importance for air carriers.
This paper examines the evolution and development of LCCs globally, along with the consequences of their expansion to the traditional carriers, the market and the passengers. Emphasis is given to the relationship between LCCs and airports which has resulted in an additional increase in air travel. The prospects of Greece as a market for LCCs are also being discussed.
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Papers by Nikolaos Iason Koufodontis
The emergence of low cost carriers (LCCs) is one important outcome of the deregulation. LCCs entered the market by offering a differentiated product based on bare services offered at significantly lower prices. The main target was travelers with increased sensitivity in pricing and less demand for all-around services.
The increase in terms of passengers and flights dictated a better utilization of the fleet, requiring reduced turnaround times at airports. Many central airports had very little flexibility and capacity necessary to facilitate additional timeslots. As an answer to inadequate capacity combined with higher taxes and fees, most LCCs have chosen to use secondary or regional airports. This choice has altered the balance and strategic importance between airports and increased their importance for air carriers.
This paper examines the evolution and development of LCCs globally, along with the consequences of their expansion to the traditional carriers, the market and the passengers. Emphasis is given to the relationship between LCCs and airports which has resulted in an additional increase in air travel. The prospects of Greece as a market for LCCs are also being discussed.
"
The emergence of low cost carriers (LCCs) is one important outcome of the deregulation. LCCs entered the market by offering a differentiated product based on bare services offered at significantly lower prices. The main target was travelers with increased sensitivity in pricing and less demand for all-around services.
The increase in terms of passengers and flights dictated a better utilization of the fleet, requiring reduced turnaround times at airports. Many central airports had very little flexibility and capacity necessary to facilitate additional timeslots. As an answer to inadequate capacity combined with higher taxes and fees, most LCCs have chosen to use secondary or regional airports. This choice has altered the balance and strategic importance between airports and increased their importance for air carriers.
This paper examines the evolution and development of LCCs globally, along with the consequences of their expansion to the traditional carriers, the market and the passengers. Emphasis is given to the relationship between LCCs and airports which has resulted in an additional increase in air travel. The prospects of Greece as a market for LCCs are also being discussed.
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