Identifying risks facing the South African tourism industry
Even though risks certainly influence travel and tourism patterns, very little research has been conducted into how the industry generally perceives and manages risks. This article aims to (i) identify the risks the South African tourism industry deems important; (ii) construct a matrix for asses...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
AOSIS
2012-06-01
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| Series: | South African Journal of Economic and Management Sciences |
| Online Access: | https://sajems.org/index.php/sajems/article/view/170 |
| _version_ | 1828837034341433344 |
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| author | Gordon Shaw Melville Saayman Andrea Saayman |
| author_facet | Gordon Shaw Melville Saayman Andrea Saayman |
| author_sort | Gordon Shaw |
| collection | DOAJ |
| description | Even though risks certainly influence travel and tourism patterns, very little research has been conducted into how the industry generally perceives and manages risks. This article aims to (i) identify the risks the South African tourism industry deems important; (ii) construct a matrix for assessing the various risks identified and (iii) determine whether sectors of the industry rate the importance of risks differently. In total, there were 212 responses to the questionnaire in the survey on South African tourism businesses. The statistical analysis included a factor analysis and an ANOVA (analysis of variance). Nine factors were identified and the ANOVA confirmed that sectors do perceive differing levels of importance in the various risks. The risk assessment matrix showed that internal risks are rated among the most important, even though little attention is paid to these in the literature. |
| first_indexed | 2024-12-12T18:34:18Z |
| format | Article |
| id | doaj.art-547a6d5d03364038adbf06bea8321246 |
| institution | Directory Open Access Journal |
| issn | 1015-8812 2222-3436 |
| language | English |
| last_indexed | 2024-12-12T18:34:18Z |
| publishDate | 2012-06-01 |
| publisher | AOSIS |
| record_format | Article |
| series | South African Journal of Economic and Management Sciences |
| spelling | doaj.art-547a6d5d03364038adbf06bea83212462022-12-22T00:15:51ZengAOSISSouth African Journal of Economic and Management Sciences1015-88122222-34362012-06-0115219020610.4102/sajems.v15i2.170145Identifying risks facing the South African tourism industryGordon Shaw0Melville Saayman1Andrea Saayman2University of Fort HareNorth-West UniversityNorth West UniversityEven though risks certainly influence travel and tourism patterns, very little research has been conducted into how the industry generally perceives and manages risks. This article aims to (i) identify the risks the South African tourism industry deems important; (ii) construct a matrix for assessing the various risks identified and (iii) determine whether sectors of the industry rate the importance of risks differently. In total, there were 212 responses to the questionnaire in the survey on South African tourism businesses. The statistical analysis included a factor analysis and an ANOVA (analysis of variance). Nine factors were identified and the ANOVA confirmed that sectors do perceive differing levels of importance in the various risks. The risk assessment matrix showed that internal risks are rated among the most important, even though little attention is paid to these in the literature.https://sajems.org/index.php/sajems/article/view/170 |
| spellingShingle | Gordon Shaw Melville Saayman Andrea Saayman Identifying risks facing the South African tourism industry South African Journal of Economic and Management Sciences |
| title | Identifying risks facing the South African tourism industry |
| title_full | Identifying risks facing the South African tourism industry |
| title_fullStr | Identifying risks facing the South African tourism industry |
| title_full_unstemmed | Identifying risks facing the South African tourism industry |
| title_short | Identifying risks facing the South African tourism industry |
| title_sort | identifying risks facing the south african tourism industry |
| url | https://sajems.org/index.php/sajems/article/view/170 |
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