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Weiermair, Klaus
- Significance of Venture Capital in Tourism and Hospitality Sector: a Lesson for India from Menasa Region.
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Authors
Affiliations
1 Faculty of Commerce, Goa University Taleigao Plateau, Goa – 403206., IN
2 Department of Tourism and Service Management Institute for Strategic Management, Marketing and Tourism University of Innsbruck; Universitätsstr. 15, A-6020 Innsbruck., AT
3 Department of Management sciences Oriental School of Hotel Management, Wynad, Kerala., IN
1 Faculty of Commerce, Goa University Taleigao Plateau, Goa – 403206., IN
2 Department of Tourism and Service Management Institute for Strategic Management, Marketing and Tourism University of Innsbruck; Universitätsstr. 15, A-6020 Innsbruck., AT
3 Department of Management sciences Oriental School of Hotel Management, Wynad, Kerala., IN
Source
International Journal of Hospitality and Tourism Systems, Vol 2, No 1 (2009), Pagination: 1-20Abstract
Around the world, tourist's flow is increasing year after year. The flow of international tourists increased from a mere 25 million in 1950 to 898 million by 2007 (with a CAGR of 4.7% during 1980-2007). The international tourism receipts was only US$ 2.1 billion in 1950, but increased to over US$ 738 billion by 2006 (with a CAGR of 8.3% during 1980- 2006). The written history of the world reveals that Arab traders (basically from Middle Eastern region) were the pioneers of retail and distribution industry and it was the result of the adventurous nature of those traders to explore the potentiality of goods and services from the Asia Pacific and African region, which they succeeded by identifying the market for these products in the European market. This is in a way can be considered as the ancient form of business travel. From 1818 onwards, European colonial powers took over the Arab supremacy, and till 1940's most of the countries in Middle East, North Africa, and South Asian (MENASA) region was under colonial rule. From 1940's onwards there seems to be a complete reversal of the scenario from Western and European dominance towards MENASA region. This is because of the growth and development of tourism and travel industry, coupled with parallel growth in hotel and hospitality industry. The major source of funding was found to be venture capital, which has the inherent characteristics of generating / creating / adding wealth in a manifold way. Though there was a decline in the global venture capital activity after 9/11; the picture from MENASA region shows a positive growth completely deviating from the global pattern. Utilising on the significance of venture capital financing, a socially responsible growth can be seen in tourism and hospitality industry in MENASA region in the near future. India can learn a good lesson from this changing scenario and take the lead; then in the near future the world can witness a harmonious growth and development in the entire MENASA region; which will act like ripples in water and the result will be global prosperity.Keywords
Travel And Tourism, Hospitality, Venture Capital, Menasa Region, IndiaReferences
- ABRAAJ (2006), The Infrastructure Investment Requirements of the MENASA Region, An Abraaj Capital Publication.
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- Bruton, Gary.D (2002). Venture Capitalists in Asia: A Comparison with The USA and Europe. Vlerick Working Paper, Vlerick Leuven Grent Management School, 2002/15.
- CERT (2006). The Future of Learning: Research, Innovation, Education, and Entrepreneurship. Centre of Excellence for Applied Research and Training. Published with Global Agenda, the magazine of the World Economic Forum Annual Meeting 2006.
- Choudhury, M.A (2001). Islamic Venture Capital: A Critical Examination. Journal of Economic Studies. 28/1. pp. 14–33.
- Ehrlich, Sanford. B; Noble, Alex. F. De; Moore, Tracy; and Weaver, Richard. R (1994). After the Cash Arrives: A Comparative Study of Venture Capital and Private Investor Involvement in Entrepreneurial Firms. Journal of Business Venturing. 9/1. pp. 67-82.
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- Subhash, K. B and Nair, T. Govindankutty (2004). Globalisation and Indian Venture Capital System. Udyog Pragati. 28/3. pp. 1–14.
- Subhash, K. B (2006). How to Teach the Big Baby to Walk: Case of Indian Venture Capital Industry. The Journal of Private Equity. 9/4. pp 76-91.
- Subhash, K. B (2007a). Geography of Venture Capital Financing: A Global Perspective. The Journal of Wealth Management. 9/4. pp 13-28.
- Subhash, K. B (2007b). Geography of Venture Capital Financing in Canada. The Journal of Private Equity. 11/1. pp 93-107.
- Subhash, K. B (2008a). Changing Pattern of Global Venture Capital Financing and its Impact on Retail and Distribution Sector. In “Globalisation of Retailing: An Indian Perspective”. (Eds) K.G.S. Narayanan and P.K. Sudarshan. The Associated Press. India. Pp 150-188. 2008.
- Subhash, K. B (2008b). Empowerment at the Bottom of the Pyramid: Poverty Reduction through Rural Tourism. A Social Venture capital and Micro Financing Perspective. Paper presented at the Eurasia Workshop on “Poverty Reduction through Rural Tourism” organised by Management Development Institute, Gurgaon; on 26-27th November 2008.
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- White, Bracken, J (2008). The Emergence of MENA as an Economic Tiger and Its Implications for Commercial Real Estate. The Journal of Private Equity. 12/1. pp 85-91.
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- WTTC (2003). Blue Print for Tourism. World Travel and Tourism Council. 18th September 2003.
- WTTC (2007). South Asia: Travel & Tourism Navigating the Path Ahead. The 2007 Travel & Tourism Economic Research. World Travel & Tourism Council. 8th March 2007.
- WTTC (2007 a). India: Travel & Tourism Navigating the Path Ahead. The 2007 Travel & Tourism Economic Research. World Travel & Tourism Council. 8th March 2007.
- Learning Motivation, Performance, and Satisfaction: a Comparison between Students Majoring in Tourism and Hospitality Programmes from Taiwan and Taiwan.
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Authors
Affiliations
1 Department of Hospitality Management, Taiwan Hospitality & Tourism College, Hualien., TW
2 Department of Commerce, Goa University Goa., IN
3 Oriental School of Hotel Management, Vythiri, Wynad, Kerala., IN
4 Department of Tourism and Service, Management; Institute for Strategic Management, Marketing, and Tourism; University of Innsbruck; Universitätsstr,, AT
1 Department of Hospitality Management, Taiwan Hospitality & Tourism College, Hualien., TW
2 Department of Commerce, Goa University Goa., IN
3 Oriental School of Hotel Management, Vythiri, Wynad, Kerala., IN
4 Department of Tourism and Service, Management; Institute for Strategic Management, Marketing, and Tourism; University of Innsbruck; Universitätsstr,, AT
Source
International Journal of Hospitality and Tourism Systems, Vol 5, No 1 (2012), Pagination: 1-11Abstract
Many studies carried out (at individual country level and also inter-country comparative level, encompassing varied subjects in primary and secondary education as well as at university) have examined the influence of learning motivation on academic performance and satisfaction level of students. It is within this research framework that we explored the learning motivation, learning performance, and learning satisfaction level among students of hospitality and tourism course. A comparative study is being carried out between students from two institutions THTC, Taiwan (Hualien) and OSHM, India (Wynad). Students majoring (3 year programme) in hospitality & tourism programmes were selected and a structured 5-point Likert questionnaire is being administered among 200 students from THTC and 120 students from OSHM. By administering the questionnaire, we obtained information about demographic profiles of students and the three basic components about learning (motivation, performance, and satisfaction). Both sets of data about students from Taiwan and India were analysed and found to be reliable and showed a good fit. Data analysis revealed some interesting facts about student's levels of motivation, performance, and satisfaction from the two countries.Keywords
Hospitality, Tourism, Learning Motivation, Learning Performance, Learning Satisfaction, Taiwan, IndiaReferences
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- An Examination of Factors Influencing Residents’ Perception of the Impacts of Tourism in Goa
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Authors
Carmelita D’ Mello
1,
Ling-Chen Chang
2,
Kaustubh Kamat
1,
Miriam Scaglione
3,
Klaus Weiermair
4,
Subhash Kizhakanveatil Bhaskaran Pillai
1
Affiliations
1 Department of Commerce, Goa University, Goa, IN
2 Department of Hospitality Management, Taiwan Hospitality & Tourism College, TW
3 Institute of Economics & Tourism, University of Applied Sciences Western Switzerland, (HES-SO Valais), Sierre, CH
4 Department of Tourism and Service Management Institute of Strategic Management, Marketing and Tourism University of Innsbruck, Universit at sstrasse 15, 6020 Innsbruck, AT
1 Department of Commerce, Goa University, Goa, IN
2 Department of Hospitality Management, Taiwan Hospitality & Tourism College, TW
3 Institute of Economics & Tourism, University of Applied Sciences Western Switzerland, (HES-SO Valais), Sierre, CH
4 Department of Tourism and Service Management Institute of Strategic Management, Marketing and Tourism University of Innsbruck, Universit at sstrasse 15, 6020 Innsbruck, AT
Source
International Journal of Hospitality and Tourism Systems, Vol 8, No 2 (2015), Pagination: 1-11Abstract
To strategically utilize resources to minimize the negative impacts of tourism and increasing the social support for tourism development, the present study examined the residents of the State of Goa by using the model developed by Perdue et al. (1990); later extended by Mc Gehee, et al. (2002); and also based on social exchange theory; tried to determine whether personal characteristics and personal benefits from tourism influence perception of tourism as well as support for tourism development, and what factors influence support for tourism development and management. The result indicated that personal characteristics were not good predictors of resident's attitude tourism impacts with an exception of age, education, and birthplace. Personal benefits from tourism predicted positive impacts of tourism, negative impacts of tourism and also support for additional tourism, which was consistent with Perdue et al. (1990) and Mc Gehee et al. (2002).The research supported social exchange theory as personal benefit and support for additional tourism were significant predictors of tourism planning. However, while support for additional tourism did predict tourism planning, it showed a positive relationship as reported by Mc Gehee et al. (2002) and not a negative one as reported by Perdue et al. (1990). The overall findings support previous assertions that educating local residents about the potential benefits of tourism is critical in obtaining their support for tourism, enhancing their involvement in the industry, and achieving sustainable community development.Keywords
Residents’ Attitudes, Tourism Impacts, Social Exchange, Goa, India.- Comparison of Multi-Stakeholder Perception of Tourism Sustainability in Goa
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Authors
Carmelita D’ Mello
1,
Ling-Chen Chang
2,
Subhash Kizhakanveatil Bhaskaran Pillai
3,
Kaustubh Kamat
4,
Friedrich M. Zimmermann
5,
Klaus Weiermair
6
Affiliations
1 Department of Commerce, St. Xavier’s College of Arts, Science & Commerce, Mapusa, Goa, IN
2 Department of Hotel Management, Taiwan Hospitality & Tourism College No.268, Zhongxing St., Shoufeng Township, Hualien County 970, TW
3 Department of Commerce, Goa University, Taleigao Plateau, Goa, IN
4 Department of Commerce, Goa University, IN
5 RCE Graz-Styria: Regional Center of Expertise on Education for Sustainable Development, University of Graz, Graz, AU
6 Schulich School of Business, York University, Toronto, CA
1 Department of Commerce, St. Xavier’s College of Arts, Science & Commerce, Mapusa, Goa, IN
2 Department of Hotel Management, Taiwan Hospitality & Tourism College No.268, Zhongxing St., Shoufeng Township, Hualien County 970, TW
3 Department of Commerce, Goa University, Taleigao Plateau, Goa, IN
4 Department of Commerce, Goa University, IN
5 RCE Graz-Styria: Regional Center of Expertise on Education for Sustainable Development, University of Graz, Graz, AU
6 Schulich School of Business, York University, Toronto, CA
Source
International Journal of Hospitality and Tourism Systems, Vol 9, No 2 (2016), Pagination: 1-13Abstract
Despite being researched so widely for a considerable period of time, sustainable tourism remains a controversial issue in tourism literature with very little consensus about the understanding of the term, its practical implementations, as well as its implications. The practice of sustainability in tourism can take diverse paths as evidenced in tourism research, but recently debate is on collaboration and involvement among tourism stakeholders is gaining importance as a key to sustainable tourism development, although research in support in this issue requires further support. This study investigates the perceptions about various dimensions of sustainable tourism among four groups of tourism stakeholder's; viz.; Residents, Tourists, Entrepreneurs and Government Officials. To discover if difference exists, an ANOVA test was conducted for each dimension, followed by a Scheffes' test to determine inter-group differences of perceptions and result shows that statistically significant differences exists in perception among stakeholder groups for six out of the seven dimensions. Differences were identified between tourist and residents, entrepreneurs, government officials in the case of understanding sustainability, focus of sustainable tourism, attitude towards participation in sustainable tourism, between residents and tourists, entrepreneurs, government officials in the case of sustainable tourism management, between tourists and residents, government officials in the case of support for sustainable tourism development and between tourists, residents and entrepreneurs, government officials in the case of economic focus of sustainable tourism. In the case of tourism industry and sustainability, none were significant.Keywords
Stakeholders, Sustainability, Entrepreneurs, Government Officials.- Service Quality and Customer Satisfaction:An Empirical Analysis of Banking Sector in Goa
Abstract Views :548 |
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Authors
Roseanne Sabina Dsouza
1,
Subhash Kizhakanveatil Bhaskaran Pillai
1,
Ruey Feng Chen
2,
Klaus Weiermair
3
Affiliations
1 Department of Commerce, Goa University, Taleigao Plateau, Goa, IN
2 Travel Management Department, Hsing Wu University, New Taipei City, TW
3 Department of Tourism and Service Management, Institute of Strategic Management, Marketing and Tourism, University of Innsbruck, AT
1 Department of Commerce, Goa University, Taleigao Plateau, Goa, IN
2 Travel Management Department, Hsing Wu University, New Taipei City, TW
3 Department of Tourism and Service Management, Institute of Strategic Management, Marketing and Tourism, University of Innsbruck, AT
Source
International Journal of Banking, Risk and Insurance, Vol 6, No 2 (2018), Pagination: 1-22Abstract
Service quality leads to customer satisfaction, and ensuring that customers are getting satisfied is one of the critical factors that lead to the success of any business. As banking is a customer-oriented industry, banks have begun to realize the importance of satisfying their customers in order to retain existing customers as well attract potential customers. Existing studies revealed that study on customer service quality in banking sector has not been done in Goa. Present study was carried out by conducting a survey among 300 respondents. The result revealed no significant difference between customers of public and private sector banks with respect to gender, marital status, location, and account type except for age, income, and occupation. Six factors were identified that influence the choice of banks, viz., value-added service, responsiveness, accessibility, services assured, bank charges, and convenience. Moreover, for a majority of factors, there exists a difference between factors considered by customers of public and private sector banks across their demographic profiles. And finally customers are not satisfied with the services provided by public as well as private sector banks as gap is negative for most of the SERVQAL variables under consideration.Keywords
Banking Services, Customer Satisfaction, Public and Private Banks, SERVQUAL.References
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