A quantified triple bottom line for tourism: experimental results

Article

Tyrrell, T., Paris, C. and Biaett, V. 2013. A quantified triple bottom line for tourism: experimental results. Journal of Travel Research. 52 (3), pp. 279-293. https://doi.org/10.1177/0047287512465963
TypeArticle
TitleA quantified triple bottom line for tourism: experimental results
AuthorsTyrrell, T., Paris, C. and Biaett, V.
Abstract

The tradition of tourism businesses and regional tourism industries is to measure their value to the host community by jobs, wages and tax revenues even though every member of that community is impacted on a daily basis though a broad variety of impacts. This paper demonstrates a conceptual approach for measuring the relative importance of the major dimensions of community quality of life that can be influenced by the tourism industry in order to calculate an indication of overall impact on the well being of community residents. Furthermore, we have formulated a conjoint model that values this overall performance in monetary units. A conjoint model for estimating importance is successfully implemented using samples of college students and tourism industry professionals in the US and Cyprus. A monetary version of Triple Bottom Line impacts is calculated for the impacts of a specific hypothetical tourism business development.

Keywordstourism impacts; triple bottom line; corporate social responsibility; sustainable communities; conjoint analysis
PublisherSAGE Publications
JournalJournal of Travel Research
ISSN0047-2875
Electronic1552-6763
Publication dates
PrintMay 2013
Print16 Nov 2012
Publication process dates
Deposited08 Sep 2015
Accepted16 Nov 2012
Output statusPublished
Accepted author manuscript
Digital Object Identifier (DOI)https://doi.org/10.1177/0047287512465963
Scopus EID2-s2.0-84876032338
Web of Science identifierWOS:000319411700001
LanguageEnglish
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