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Influence of Feature Selection Methods on Classification Sensitivity Based on the Example of A Study of Polish Voivodship Tourist Attractiveness

Abstract

The purpose of this article is to determine the influence of various methods of selection of diagnostic features on the sensitivity of classification. Three options of feature selection are presented: a parametric feature selection method with a sum (option I), a median of the correlation coefficients matrix column elements (option II) and the method of a reversed matrix (option III). Efficiency of the groupings was verified by the indicators of homogeneity, heterogeneity and the correctness of grouping. In the assessment of group efficiency the approach with the Weber median was used. The undertaken problem was illustrated with a research into the tourist attractiveness of voivodships in Poland in 2011.

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Using Monte Carlo Methods for the Valuation of Intangible Assets in Sports Economics

Abstract

This paper indicates the possibilities of using Monte Carlo simulations methods in players’ performance rights value monitoring. The authors have formulated a hypothesis that connects Monte Carlo methods (MC) and econometric models of the player’s life cycle that could give club managers another source of information for the decision process. The MC method in finance is usually used to value the option price on the basis of assumed distribution of price changes. In this approach, the method was used to determine future the hypothetical value of footballers’ performance rights. Using econometric models of the player’s life cycle we could observe and analyse the phase in the life cycle of a football player and determine volatility.

In this paper we use historical data of the market values of chosen football players from the website http://transfermarkt.de. The analysis is based on popular valuable players after the growth phase of their life cycle. For the visualisation of the “Championships games bubble” problem we analyse the periods before and after the UEFA EURO 2016.

The opportunities and threats of a such an attempt are shown in this paper.

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Cost-Effective Service Excellence: Exploring the Relationships Among Restaurants’ Operational Efficiency, Size and Service Quality

Abstract

The main goal of this study is to investigate whether higher (cost-effective) operational efficiency in restaurants can be achieved without lowering the perceived level of service quality. This study also investigates the importance of restaurants’ size on operational efficiency and on the perceived level of service quality. We present the methodological procedures used to investigate the relationships among restaurants’ operational efficiency, size, and service quality after presenting the conceptualization of the cost-effective service excellence (CESE) research construct. The restaurants’ efficiency was assessed using Data Envelopment Analyses and the DINESERV tool was implemented to analyse guests’ perceptions of service quality. Guests of low- and high-efficient restaurants perceive service quality based on the same quality dimensions. Based on the structural equation modelling, it is evident that CESE can be achieved in the restaurant industry. The restaurant size has proven to influence restaurants’ operational efficiency and guests’ quality perceptions.

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Analyzing Hotel Innovation Behavior in the Balaton Region of Hungary to Identify Best Practices

Abstract

The goal of the research is to investigate the hotel innovation behavior in one of the most important tourism regions of Hungary. The Lake Balaton Region is a very popular area of the country with quite a short season (from the middle of June to August 20). The region is the second most visited area based on the number of guests and guest nights in Hungary. The topic of innovation plays a growing role in the Hungarian hotel sector as well, because competition is very high and keeping guests and employees can be a great challenge. The study involved both qualitative and quantitative research. The qualitative research aimed to identify the best practices of the Hotel Európa Fit****superior which introduced an “innovation by inspiring” strategy and applies several types of innovation in a highly recommended way. The respondents of the questionnaire included 28 hotel general managers (52% of the 54-person sample). The results showed a strong relationship between the type of the hotel and the number of innovations as well as the type of the hotel and the frequency of innovation.

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How Festival Experience Quality Influence Visitor Satisfaction? A Quantitative Approach

Abstract

The purpose of research presented in this paper is to determine how selected characteristics of a city event affect the satisfaction of visitors. In particular, the aim is to identify factors related to event atmospherics that determine visitor satisfaction in the city destination in continental part of Croatia. For this purpose, questionnaire was created based on previously conducted research by Bitner (1992), Oliver (1980, 1997), Baker and Crompton (2000), and Lee, Lee, Lee, and Babin (2008). It comprised measures for assessing event atmospherics, visitor satisfaction, and demographic characteristics of the respondents. The research was conducted among visitors of a city event that takes place every year during December 2018. A total of 191 questionnaires were obtained during the one-month period. Principal component analysis was utilised to determine the factor structure of city event atmospherics. In addition, multiple regression analysis was conducted to determine which factors may serve as predictors of visitor satisfaction in city event context. As a result, the analyses revealed four factors related to city event atmospherics. In addition, these factors positively and significantly affected visitor satisfaction, indicating that they have important role in determining visitor satisfaction in a city event context. These findings can contribute to the knowledge advancement of the city events, their influence on tourist satisfaction, and consequently, to better understand specific groups of visitors as well as establish efficient marketing and promotion strategies.

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Economic Growth, Exchange Rate and Constrained Competiveness of the Tourism Sector in Andalucía

Abstract

This paper examines the relationship between tourism and economic growth, analyzing key factors affecting tourism income in Andalucía, Spain. Based on time series annual data for the period 2005 to 2012 and a multiple regression analysis we show that international tourism has made an important contribution to Andalucía’s economic growth. Some of the factors considered in the analysis include the number of luxury hotels, the hotel price index and the exchange rate, though the latter is outside of the control of local authorities under the European Monetary Union (EMU).

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The Resourse Valorisation of Authentic Tourist Offer of Western Serbia

Abstract

In recent decades, from a global scale aspect, tourism demand is becoming more differentiated. On one hand, a preserved natural environment and clean air are demanded, while, on the other hand, a growing number of tourists want to travel and see cultural and historical heritage of the area in which they are spending their holiday. In order to compete in the world tourist market, an area must possess various and extensive resources. Therefore, new destinations that, above all, have a rich original tourist offer are required. Since Western Serbia has significant natural and anthropogenic resources, this paper explores its original tourist potential. In this sense, with the use of modern methodologies for evaluating the still untapped potential tourist area, this paper presents an approach to valorisation, both natural and anthropogenic resources of Western Serbia. The research aims, through this evaluation, to show how, in what way these resources can be placed in the function of tourism exploitation and greater involvement of Western Serbia in contemporary touristic trends.

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Contactless Technology as a Factor of Tourism Industry Development - A Review of Current Practices and Future Directions

Abstract

During the Second World War, technology was developed for tracking objects or enemy aircraft, now known as contactless technology, which at that time was limited to only one type of technology, called RFID - Radio Frequency Identification. For years, contactless technology has evolved and NFC technology has emerged from RFID technology, which is labeled as short-field technology. Today, Bluetooth Beacon technology is also known and developed. All three technologies have a great application in tourism, such as contactless payment, toll collection, sharing of important information, access control, exchange of data between two smart devices, as well as many others. The aim of this paper is to indicate the significant application of contactless technologies in tourism, as well as to highlight the benefits and future implications of the examples presented.

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How Important is Gambling in National GDP: Case Study from Austria, Croatia, Italy and Slovenia

Abstract

Purpose – The situation in the field of gambling is changing due to the rise of Internet and Mobile gambling. In general gambling consumption is increasing every year, but the distribution of consumption has radically changed from Land Based gambling to Remote gambling. The purpose of this article is to present an overview of the world gambling industry and a specific overview in Austria, Croatia, Italy and Slovenia in order to find some main similarities and differences in observed period.

Design/Methodology/Approach – The main research question is How important is gambling for the involved countries and what proportion of the national GDP does the gambling revenue account for? This paper presents the analysis of five statistical databases for the last sixteen years in order to find out some patterns, cyclical or seasonal features or other significant information that allows us to do forecasting of the future revenue with a certain degree of accuracy. We have systematically searched and collected data from the World Bank and the National Statistical Offices websites of the given countries. Statistical methods were used for benchmark analysis, while Box and Jenkins approach and ARIMA modelling were used for forecasting.

Findings – The smallest increase was recorded in Slovenia and the largest in Italy. The same effects were also observed in the GDP of these countries. Thus, the state budgets of Croatia and Italy are increasingly dependent on gambling taxes. It also has negative wages. The gambling addictions among the locals have become more frequent as well.

Originality of the research – The article shows the forecasts of the gambling revenue and its share in the GDP by 2027. We want to alert decision makers to adopt appropriate policies. States need to rethink their views on gambling and the excessive dependence of the state budget on gambling taxes. This is the first time a single comparative analysis of these countries and the above mentioned forecast has been conducted.

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Determinants of Tourist Activity of People with Disabilities Living in Rural Areas

Summary

Subject and purpose of work: The aim of the conducted research and analyzes was the attempt to assess the impact of selected factors over tourist activity of people with disabilities and factors related to the immediate environment of people with disabilities

Materials and methods: A total of 5 000 respondents were subjected to the quantitative research. Participants of the research were adults with legally recognized disabilities. In the research, there was used the method of a diagnostic survey.

Results: Tourist activity of disabled people living in rural areas in Poland concerns only about 50% of respondents. Leaving the place of permanent residence in a free time is the most often declared by young and middle-aged people with higher, secondary and post-secondary education, professionally active, married people with mental and sensory disabilities.

Conclusions: Factors stimulating participation in tourism are the level of education and professional activity of respondents. In the assessment of respondents the important factor is also a general family situation.

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