Over the past 15 years, Peru has experienced a gastronomic boom. Its cuisine not only currently represents a primary source of Peruvian culture and pride but in very little time, it has made its way into the most privileged circles of international gastronomy. Its restaurants are ranked as the best in Latin America and among the top in the world. Peru has been distinguished by World Travel Awards – for five consecutive years – as the best gastronomy and culinary destination on the planet. Moreover, The World’s 50 Best Restaurants of 2015 gave out awards to three of Peru’s restaurants and nine restaurants were awarded.

En los últimos 15 años se ha producido un boom gastronómico en el Perú. Su cocina no es solo ya el principal motivo de identidad cultural y orgullo de los peruanos, sino que en poco tiempo ha entrado en las esferas privilegiadas de la gastronomía internacional. Sus restaurantes figuran como los mejores de América Latina y líderes en el mundo. Perú ha sido considerado en los World Travel Awards –por cinco años consecutivos– como el mejor destino gastronómico del planeta. Y The World’s 50 Best Restaurants del 2015 premió a tres restaurantes nacionales, y en su edición regional fueron nueve los reconocidos, entre ellos, el primer lugar.

This study examines bankruptcy prediction of hospitality firms within U.S. equity markets. The article investigates whether the Logit model or the Multiple Discriminant Analysis (MDA) accurately predict bankruptcy, specifically it attempts to investigate how accurate Logit and MDA models are. Various key financial variables were utilized as predictors and contrasting samples of both bankrupt and non-bankrupt firms for the period 1992–2010 were used. In this analysis Statistical software SPSS 20 was utilized for the analysis. Results show that for the period 1992–2010, the MDA model outperformed the Logit model for overall bankruptcy prediction. Theoretical and practical implications were offered based on the results. The study is critical given the significant number of hospitality enterprises being intensely impacted by the recent economic downturn. Consequently, the hospitality ind...

Purpose: This study aims to examine the impact of a mega-sporting event “2014 FIFA World Cup” on hotel pricing strategies and performance. Design/methodology/approach: The present project examines the host regions’ response to the 2014 FIFA World Cup which was established by the variance in the main hotel key performance indexes: occupancy, average daily rate, revenue per available room (RevPAR) and supply. Using data gathered from STR, this research distinctly shows how the Brazilian host regions reacted to the World Cup. Findings: Results suggest that the key performance indicators of Brazil’s lodging sector reacted differently to the World Cup. Although all hosting cities experienced significant RevPAR growth because of the increase in hotel room rates during the event, the supply and occupancy performed differed from each city. Research limitations/implications: Research is l...