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Corporate Performance and Employment in High-Growth Hotels

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Abstract(s)

The importance of tourism, the criticality of the hospitality industry to employment and economic growth and the relationship between High-Growth Hotels (HGHs) and regional development provide the rationale for this study. This paper analyzes the financial sustainability of HGHs in 2016–2019 and their contribution to employment by NUTs II regions of the Iberian Peninsula. Overall results indicate better performances among HGHs located in the Southwest regions of the Iberian Peninsula, in the capital cities and in the Northeast of Spain. Also, the correlation between the regional incidence of HGHs and the average number of employees appear to confirm the results of previous studies that gazelles are major employers.

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Keywords

Employment Financial performance High-growth Firms Hospitality industry Sustainability

Citation

Santos, E., Moreira, J. (2022). Corporate Performance and Employment in High-Growth Hotels. In: Abreu, A., Liberato, D., Garcia Ojeda, J.C. (eds) Advances in Tourism, Technology and Systems. Smart Innovation, Systems and Technologies, vol 293. Springer, Singapore. https://doi.org/10.1007/978-981-19-1040-1_6

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