Sustainable Best Practices and External Environmental Factors as Determinants of Hotel Performance in Region XI
Journal: THE INTERNATIONAL JOURNAL OF BUSINESS MANAGEMENT AND TECHNOLOGY (Vol.6, No. 2)Publication Date: 2022-04-30
Authors : Rosemarie M. Grasparil Garry L. Bastida;
Page : 11-259
Keywords : Business Management; Sustainable Best Practices; External Environmental Factors; Hotel Performance; Descriptive – Correlational; Philippines;
Abstract
Nowadays, sustainable best practices are given more importance globally with higher expectations now centered in the tourism industry. It is with this that this study aimed to determine the sustainable best practices and environmental factors as determinants of hotel performance in Region XI. Specifically, it examined the relationship between sustainable best practices and external environmental factors to hotel performance and its influence to each other. This study used descriptive-correlational research design with 400 hotel employees as respondents. Three sets of survey questionnaires were used to obtain information from the participants. Pearson r and regression analysis were used to analyze the data. The findings revealed that the sustainable business practices are often evident and the role external environmental factors are always evident. Moreover, the hotel performance is outstanding. Finally, sustainable best practices and external environmental factor are significant determinants of hotel performance.
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