Research in hospitality management and accounting: a research synthesis and analysis of current literature and future challenges

Inna Sousa Paiva,Isabel Costa Lourenço,Paulo Reis

doi:10.21511/ppm.14(4).2016.10

Inna Sousa Paiva, Isabel Costa Lourenço + Show 1 more

Open Access

https://doi.org/10.21511/ppm.14(4).2016.10

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Abstract

This study characterizes the results of social-scientific, behavioral science, and managerial/accounting research on current management and accounting matters in the hotel industry published in the most prestigious scientific hospitality journals and identifies avenues for future research. Based on an analysis of a set of 55 articles published in the journals that make up the SCImago Journal and Coutry Rank, published between 2005 and 2015, it is concluded that there is a lack of research in the financial accounting group; additional research is required for the small hotel category, and it is the important to use comparative studies that are better able to capture the characteristics of the hospitality industry. Additionally, most of the empirical studies analyzed come from European countries and statistical methods are extensively used in all topic areas. Finally, some gaps are identified in the literature and indicated future research priorities. Keywords: hospitality industry, accounting, management, research methods. JEL Classification: L28, M41

Highlights

The hospitality industry and the hotel sector, in particular, became one of the most important and fastest growing sectors of the world economy in the second half of the 20th century
Our findings revealed a lack of research in the financial accounting group; additional research is required for the small hotel category, and it is important to use comparative studies that are better able to capture the characteristics of the hospitality industry
We have addressed to management and accounting research in the hotel sector of industry over the period 2005-2015 by categorizing the headings of empirical management and accounting studies and identifying the research method, category of hotels and data

Summary

Introduction

The hospitality industry and the hotel sector, in particular, became one of the most important and fastest growing sectors of the world economy in the second half of the 20th century. The rapid growth of the hospitality industry has attracted researchers’ attention and, the number of articles published in recent decades on worldwide tourism and hospitality has increased (McKercher & Tung, 2015). A systematic investigation of articles published on tourism and hospitality journals is required to provide an overview of the current literature (Singh, 2015). The purpose of this study is to investigate hotel management and accounting research published between 2005 and 2015 in hospitality journals in the SCImago Journal and Country Rank indicator. It provides a picture of current research streams and information on the direction of hotel management and accounting studies and indicates future research priorities. The objectives of this study are: (i) to categorize the topics that have been researched in hotel management and accounting studies; (ii) to identify the research method, data, categories of hotels and country of domicile of studies

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