Level of Accommodation Enterprises in Using Modern Financing Techniques: A Study on Managers of 4 and 5 Star Hotels Operating in Alanya

Article Information
Journal: Business and Economics Research Journal
Title of Article: Level of Accommodation Enterprises in Using Modern Financing Techniques: A Study on Managers of 4 and 5 Star Hotels Operating in Alanya
Author(s): Mehmet Akif Öncü, İstemi Çömlekçi, Çiğdem Mutlu, Emre Zengin
Volume: 6
Number: 3
Year: 2015
Page: 19-32
ISSN: 1309-2448
Abstract
The purpose of this study is to determine the levels of use of the modern financing techniques by the managers of accommodation enterprises which have a high-level financing requirement within the tourism industry. Four- and five-star accommodation enterprises which provide services in Alanya were determined to be the population of study. Survey technique was used as the data collection method. As a result of the study, it was found that the accommodation enterprises choose the financial leasing among the modern financing techniques, and the trade banks among the financial institutions. In addition, another result achieved by the study is that the economic expectations of the accommodation enterprises regarding these techniques increase, as their awareness on modern financing techniques is raised.
Keywords: Accommodation enterprises, financing techniques, leasing, risk capital, factoring, forfaiting, barter
JEL Classification: L83, G22

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