Work

Activity-Based Costing in the Hospitality Industry: Evidence From Greece

Year: 2009

Type: article

Abstract: The purpose of this article is to provide some empirical evidence of the current general trends regarding the practical consideration, adoption, and use of activity-based costing (ABC) in the hospitality industry. To this end, a survey was conducted with 85 firms of the Greek hotel sector with the use of questionnaires. Results showed that the adoption rate of an ABC system could be considered rather satisfactory. For the hotels that have adopted ABC, the survey showed that they apply it throughout all the core areas of management accounting, especially in pricing decisions and customer’s profitability analysis. The nonusers reported that the main reason for rejecting it is the satisfaction of the existing cost accounting system and the high cost of an ABC implementation.

Source: Journal of Hospitality & Tourism Research

DOI: 10.1177/1096348009344221

Authors: Odysseas Pavlatos, Ioannis Paggios

Institutions: Athens University of Economics and Business, University of Piraeus

Language: English

Topic: Accounting and Organizational Management

Subfield: Management Information Systems

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2154089481

FWCI: 3.134

Cites: 59

Cited by: 38

Related to: 10