| Article |
|---|
| Article name |
Evaluation of Activities in the Tourism Business: Possibilities of Factor Analysis |
| Authors |
Kondratskaya T.. candidate of economic sciences, associate professor, forsherbak@gmail.com |
| Bibliographic description |
Kondratskaya T. A. Evaluation of Activities in the Tourism Business // // Transbaikal State University Journal. 2025. Vol. 31, no. 2. P. 117–125. DOI: 10.21209/2227-9245-2025-31-2-117-125 |
| Category |
Economy |
| DOI |
65.012.12 |
| DOI |
10.21209/2227-9245-2025-31-2-117-125 |
| Article type |
Original article |
| Annotation |
In market conditions and alternative decision-making, determining the reasons for changes in results at the company level becomes an integral part of the management process and its audit by the owner. The article considers the tools that allow this to be done. Factor analysis can not only reflect the reasons for changes in the company’s income, but also provide an opportunity to compare them with the average market data. The object of the study is the results that are formed due to controlled factors in a tourism company. The purpose of the work is formulated as the creation of models for assessing the managers’ decisions in the tourism business. The objectives of the study are to determine such factors that are available for measurement within the company and the market and reflect the features of tourism activities (number of tourists, tour packages, number of simultaneously traveling tourists), and are not based on universal approaches to assessing the activities of commercial companies. Methodology and research methods are as follows: abstract logical approach. Generalization of the results is carried out through formalization in the form of a deterministic model. The models proposed for assessing the activities of the tourism business allow measuring the contribution of each factor to the company’s income and comparing this impact with the behavior of other market participants. This allows the manager to adjust strategies for the next planning period. It also provides an opportunity for an objective assessment of the decisions made in the current year for both the manager and the business owner. The use of factor analysis models is demonstrated using the example of an Irkutsk tourism company, data on the Russian and regional markets. For an objective assessment of activities, it is recommended at the federal and regional statistics level to reduce to uniformity the reporting form filled out by tourism organizations and the official data posted by Rosstat.
|
| Key words |
performance evaluation, management efficiency, tourism business, performance criteria, performance evaluation, factor analysis, strategy evaluation, decision efficiency, performance evaluation models, strategy evaluation in tourism
|
| Article information |
|
| References |
Bychkova GM. Improvement industry performance indicators in the hotel business. Bulletin of Angarsk State Technical University. 2023;(17): 302–307. DOI: 10.36629/2686-777X-2023-1-17-302-307. EDN: IGSHRK (In Russian).
Garafieva G. Factor analysis of profitability of fixed assets of oil and gas enterprises of the YamaloNenets Autonomous District. Economics and Management: Problems, Solutions. 2024;10(9):76–85. DOI: 10.36871/ek.up.p.r.2024.09.10.011. EDN: CZJPAB (In Russian).
Dmitrienko EA, Kondratskaya TA. Management efficiency: necessity and possibility of assessing the process and result. Bulletin of the Baikal State University. 2021;31(3):330–334. DOI: 10.17150/2500-2759.2021.31(3).330-334. EDN: CBFTHI (In Russian).
Zaschitina EK, Pleshivtseva AA. Economic efficiency of the tertiary sector (the case of tourism and education). Russian Journal Of Innovation Economics. 2022;12(4):2703–2716. DOI: 10.18334/vinec.12.4.116711. EDN: QSXNSZ (In Russian).
Ludushkina EN, Klimova EZ, Pavlova IA, Smirnova AA. Factor analysis of cost intensity as a metod of economic analysis at the enterprise. Journal of Economy, Entrepreneurship and Law. 2022;12(4):1255–1270. OI: 10.18334/epp.12.4.114448. EDN: ONXOXJ (In Russian).
Lukhovskaya OK, Fomina NV. Technologies of digital analysis in assessing the effectiveness of management of regional development 0f tourism business. Modern science-intensive technologies. Regional Supplement. 2024;(2):35–42. DOI: 10.6060/snt.20247802.0005. EDN: FKZGGD (In Russian).
Novichkova IA, Udalov DE, Podsevalova EN. Assessment of the efficiency of business processes of a tourism enterprise. Economy. Profession. Business. 2024;(2):70–81. DOI: 10.14258/epb202425. EDN: CMFPEH (In Russian).
Pirogova OE, Kurilkina AV, Zasenko VE. Features of the KPI system for a hotel business. Global Scientific Potential. 2023;(4):297–301. EDN: RQTMJD (In Russian).
Platonova TE. Methodological foundations for assessing the economic efficiency of hotel business. Bulletin of the Altai Academy of Economics and Law. 2023;(10-2):243–246. DOI: 10.17513/vaael.3018. EDN: EGOXYN (In Russian).
Roy OYu. Application of a new economic approach to assessment and management of industrial enterprises. Baikal Research Journal. 2020;11(1). DOI: 10.17150/2411-6262.2020.11(1).11 EDN: NZRDAC (In Russian).
Solskaya IYu, Belomestnykh SV. Development of a methodological base for assessing the validity of choosing of an outsourcing organization in JSC “Russian Railways”. Bulletin of the Baikal State University. 2021;31(2):140–145. DOI: 10.17150/2500-2759.2021.31(2).140-145. EDN: YGRZLG (In Russian).
Bassil C, Harb G, Al Daia R. The Economic Impact of Tourism at Regional Level: A Systematic Literature Review. Tourism Review International. 2023;(27):159–175. DOI: 10.3727/154427223X16717265382840. EDN: NLBTGK.
De Araújo M, Caldas L, Barreto B, Menezes P, Silvério J, Rodrigues L, Serrano A, Neumann C, Mendes N. How to Evaluate the Effectiveness of Performance Management Systems? An Overview of the Literature and a Proposed Integrative Model. Administrative Sciences. 2024;(14):117. DOI: 10.3390/admsci14060117. EDN: WDESTE (In Switzerland).
Gallo P, Dobroviˇc J, Cabinovˇá V, Pártlová P, Straková J, Mihalˇcová B. Increasing the Efficiency of Enterprises in Tourism Sector Using Innovative Management Methods and Tools. Social Sciences. 2021;10(132):2–13. DOI: 10.3390/socsci10040132. EDN: ZAUNYM
Kaplan RS, Norton DP. The Balanced Scorecard — Measures that Drive Performance. Harvard Business Review. 1992;70(1):71–79. EDN: BLHFZZ
Murphy, Kevin R. Performance evaluation will not die, but it should. Human Resource Management Journal. 2020:(30):13–31. DOI: 10.1111/1748-8583.12259
|
| Full article | Evaluation of Activities in the Tourism Business: Possibilities of Factor Analysis |
