Stubelj, Igor; Jerman, Mateja; Dolenc, Primož - In: Academica Turistica - Tourism and Innovation Journal 4 (2011) 1, pp. 63-72
Th is paper aims to analyze the residual income of the Slovenian and Croatian hotel industry for the period covering 2005–2008. Th e residual income not only looks at return on invested funds, but also implicitly compares it with the risk adjusted opportunity cost of such an investment. Th is...
