RELATIONS BETWEEN PERFORMANCE TOURISM POTENTIAL AND ECONOMIC OUTPUTS OF THE REGIONS IN THE SLOVAK REPUBLIC
RELATIONS BETWEEN PERFORMANCE TOURISM POTENTIAL AND ECONOMIC OUTPUTS OF THE REGIONS IN THE SLOVAK REPUBLIC

Summary/Abstract: Tourism considered as a complex global phenomenon is one of the most important economic sectors worldwide. The objective of this paper was to determine the extent of the impact of the capacity and profit potentials of tourism on the economic potential in the Slovak Republic on average for the period 2008 to 2017. The partial objective was to identify the mutual performance disparities among individual regions. We analysed the following indicators of the capacity potential: the number of accommodation facilities within tourism, the number of beds, the number of visitors, and the number of overnight stays by tourism visitors. Taking into account all the mentioned indicators, we state that the Žilina Region achieved the best capacity potential, while the Trnava Region achieved the weakest capacity potential. The succeeding metrics were analysed in assessing the profit potential at the regional level: average price for accommodation, revenues from accommodation, and net expenditures. The persisting existing disparities between the East and West of the country have been proven, as the Bratislava Region reached the best profit potential and the worst profit potential was noted in the Košice Region. The economic potential expressed by the average nominal wage and net money income confirmed the first rank for the Bratislava Region, while the lowest indicator values were found in the Prešov Region. In determining the impact of the output potential (capacity and profit) on the economic potential, the existing significant impact of the tourism profit potential on the economic potential of the Slovak Republic was confirmed. Based on the results, we can conclude that in order to increase the economic prosperity, especially in the context of indicators linked to wage, attention should be focused mainly on the service quality and price of accommodation, which is reflected in the achieving revenues analogically.

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