2024
The Effect of UEFA Club Competitions on the Local Hospitality Performance
CHALUPA, Štěpán, Martin KOCOUREK, Hana BIELIKOVA a Martin PETŘÍČEKZákladní údaje
Originální název
The Effect of UEFA Club Competitions on the Local Hospitality Performance
Název anglicky
The Effect of UEFA Club Competitions on the Local Hospitality Performance
Autoři
CHALUPA, Štěpán, Martin KOCOUREK, Hana BIELIKOVA a Martin PETŘÍČEK
Vydání
TEM JOURNAL-TECHNOLOGY EDUCATION MANAGEMENT INFORMATICS, 2024, 2217-8309
Další údaje
Typ výsledku
Článek v odborném periodiku
Utajení
není předmětem státního či obchodního tajemství
Organizační jednotka
University College Prague – Vysoká škola mezinárodních vztahů a Vysoká škola hotelová a ekonomická s.r.o.
UT WoS
001238333000051
Klíčová slova anglicky
Revenue managementhotel performance event management sports events effect
Příznaky
Mezinárodní význam, Recenzováno
Změněno: 25. 9. 2024 11:23, doc. Ing. Martin Petříček, Ph.D.
V originále
Sports events significantly affect the hosting destination and the interest in its visiting. Previous studies focused mainly on longitudinal events like the Olympic Games and FIFA World Cups, where the single-day events were not investigated. The paper investigates how hosting UEFA competition finals affects the local hospitality industry's performance. The study adopted the benchmarking data from Smith Travel Research (STR) and evaluated the impact on the occupancy and prices of accommodation facilities. The results show a significant pricing effect for the day of the event and the day before the finals. There was increased demand when focusing on the occupancy rate, but not as significant as for the prices. No long-term effect on the hospitality industry was identified, and, in some cases, the negative effect might be perceived after the event's termination. To benefit from the event with significant interest from football fans, hoteliers should increase the sales rates, provide the guests with a broader range of services, and cooperate with the event organisers to increase the total performance.
Anglicky
Sports events significantly affect the hosting destination and the interest in its visiting. Previous studies focused mainly on longitudinal events like the Olympic Games and FIFA World Cups, where the single-day events were not investigated. The paper investigates how hosting UEFA competition finals affects the local hospitality industry's performance. The study adopted the benchmarking data from Smith Travel Research (STR) and evaluated the impact on the occupancy and prices of accommodation facilities. The results show a significant pricing effect for the day of the event and the day before the finals. There was increased demand when focusing on the occupancy rate, but not as significant as for the prices. No long-term effect on the hospitality industry was identified, and, in some cases, the negative effect might be perceived after the event's termination. To benefit from the event with significant interest from football fans, hoteliers should increase the sales rates, provide the guests with a broader range of services, and cooperate with the event organisers to increase the total performance.