Performance of the Slovenian Hotel Companies in Times of COVID-19
Performance of the Slovenian Hotel Companies in Times of COVID-19

Author(s): Mateja Jerman
Subject(s): Health and medicine and law, Tourism
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Performance; Hotel industry; Covid-19; Tourism; Performance measurement; Crisis
Summary/Abstract: The chapter aims to analyse the performance of the Slovenian hotel companies in the times of Covid-19 compared to the performance before the pandemic. As the number of tourist arrivals and overnight stays significantly decreased during the pandemic, the Slovenian government has taken various measures to support the tourism industry. The research question of the article is: Is the performance of Slovenian hotel companies significantly different in times of Covid-19 than in times before Covid-19? The analysis is based on a sample of the 100 largest Slovenian companies operating in the hotel industry. The data covers the period 2018-2020. The results show that the performance of Slovenian hotels was significantly worse during the Covid-19 period. Without state aid, many hotels would most likely cease operations. The analysed industry faces major challenges. Suggestions for improvement and opportunities for further research are given.

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