Growth Determinants from the Business Continuity Plans of Selected Travel Companies in the Philippines
This study examines the business continuity plans of selected travel companies in the Philippines. Growth determinants, as influenced by awareness to external and internal environments, include product, price, customer, cost of goods sold, sales volume, operating expenses, profit and loss with resea...
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| Format: | Article |
| Language: | English |
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Istanbul University Press
2023-12-01
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| Series: | Journal of Tourismology |
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| Online Access: | https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/748B3D720CE8436CBC901CEF0C71970A |
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| author | Teresita C. Bautista Rolly E. Mendoza |
| author_facet | Teresita C. Bautista Rolly E. Mendoza |
| author_sort | Teresita C. Bautista |
| collection | DOAJ |
| description | This study examines the business continuity plans of selected travel companies in the Philippines. Growth determinants, as influenced by awareness to external and internal environments, include product, price, customer, cost of goods sold, sales volume, operating expenses, profit and loss with research and repositioning. Responses were collected from the travel companies or 80% (218) of the targeted respondents. A stratified sampling technique was used with the Pearson correlation coefficient which proved the link between BCPs or business continuity plans and growth determinants. It is recommended that periodic adjustments on operations or standard procedures be made as travel related businesses are market and customer driven. Changes in tourism policies, government regulations, preferences of clients, even the current inflation prod strategies to manage sales, income and company expenses. Adapting current business continuity plans ensure growth for travel companies in the now normal. Future research can deal with tour operators, accommodation, other travel and tourism providers using BCPs and discerning if their growth indicators are similar or not. |
| format | Article |
| id | doaj-art-72d66293a93740aba64e448cfeb3f740 |
| institution | OA Journals |
| issn | 2459-1939 |
| language | English |
| publishDate | 2023-12-01 |
| publisher | Istanbul University Press |
| record_format | Article |
| series | Journal of Tourismology |
| spelling | doaj-art-72d66293a93740aba64e448cfeb3f7402025-08-20T02:27:10ZengIstanbul University PressJournal of Tourismology2459-19392023-12-019214715610.26650/jot.2023.9.2.1327505123456Growth Determinants from the Business Continuity Plans of Selected Travel Companies in the PhilippinesTeresita C. Bautista0https://orcid.org/0000-0003-3708-5266Rolly E. Mendoza1https://orcid.org/0009-0008-2357-3852Trinity University of Asia, Quezon-City, PhilippinesManuel L. Quezon University, Quezon-City, PhilippinesThis study examines the business continuity plans of selected travel companies in the Philippines. Growth determinants, as influenced by awareness to external and internal environments, include product, price, customer, cost of goods sold, sales volume, operating expenses, profit and loss with research and repositioning. Responses were collected from the travel companies or 80% (218) of the targeted respondents. A stratified sampling technique was used with the Pearson correlation coefficient which proved the link between BCPs or business continuity plans and growth determinants. It is recommended that periodic adjustments on operations or standard procedures be made as travel related businesses are market and customer driven. Changes in tourism policies, government regulations, preferences of clients, even the current inflation prod strategies to manage sales, income and company expenses. Adapting current business continuity plans ensure growth for travel companies in the now normal. Future research can deal with tour operators, accommodation, other travel and tourism providers using BCPs and discerning if their growth indicators are similar or not.https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/748B3D720CE8436CBC901CEF0C71970Abusiness continuity plangrowthtravel companiesadaptive strategyresilience in business |
| spellingShingle | Teresita C. Bautista Rolly E. Mendoza Growth Determinants from the Business Continuity Plans of Selected Travel Companies in the Philippines Journal of Tourismology business continuity plan growth travel companies adaptive strategy resilience in business |
| title | Growth Determinants from the Business Continuity Plans of Selected Travel Companies in the Philippines |
| title_full | Growth Determinants from the Business Continuity Plans of Selected Travel Companies in the Philippines |
| title_fullStr | Growth Determinants from the Business Continuity Plans of Selected Travel Companies in the Philippines |
| title_full_unstemmed | Growth Determinants from the Business Continuity Plans of Selected Travel Companies in the Philippines |
| title_short | Growth Determinants from the Business Continuity Plans of Selected Travel Companies in the Philippines |
| title_sort | growth determinants from the business continuity plans of selected travel companies in the philippines |
| topic | business continuity plan growth travel companies adaptive strategy resilience in business |
| url | https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/748B3D720CE8436CBC901CEF0C71970A |
| work_keys_str_mv | AT teresitacbautista growthdeterminantsfromthebusinesscontinuityplansofselectedtravelcompaniesinthephilippines AT rollyemendoza growthdeterminantsfromthebusinesscontinuityplansofselectedtravelcompaniesinthephilippines |