Advertising Efficiencies in the Hospitality and Tourism Industry

TR Number
Date
2008-12
Journal Title
Journal ISSN
Volume Title
Publisher
hrcak
Abstract

Advertising provides growth in sales volume for the new products and services. The hospitality industry relies heavily on advertising through travel journals and travel sections of print media, television media, and the Internet. The hospitality industry encompasses hotels, cruise lines, theme parks and holiday resorts. The focus of this paper is to investigate the long-term relationship between accounting defined changes in earnings and changes in advertising expenditure by estimation of the degree of advertising leverage -- a measure similar to the degree of total leverage.

Description
Keywords
Degree of Advertising Leverage (DAL), Hospitality industry, tourism
Citation