Computing Cyprus hotel economic damages

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Computing Cyprus hotel economic damages with a
system dynamics (SD) model
Nicholas C GEORGANTZAS
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All things are in flux everything flows
Yes, it does, in and out of stocks
?
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Mission
Impossible?
SD the air we breath
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SD benefits improved mental models for strategic
leverage
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SD benefits BCG study of B2B suppliers (USA)
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Refereed, international, the flagship journal of
the System Dynamics Society
Georgantzas, N.C. (2003) Tourism
dynamics Cyprus hotel value chain and
profitability. System Dynamics Review 19(3)
175-212.
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Cyprus tourism centers and temperature (adapted f
rom CIA 2000 and Ellis 1998)
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Cyprus attractiveness factors (adapted from
Toufexis-Panayiotou 1989)
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Benchmarking Cyprus tourism seasonality
Sources CYSTAT 2000, ITA 2001 and MTA 2000
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Cyprus tourism industry value chain
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Cyprus hotel value chain SD model
orders
acquisitions
depreciation
desired bed capacity
Customer Demand
Cyprus tourism
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Actual data (CYSTAT 2000), simulation results and
Theil (1966) inequality statistics (TIS)
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Cyprus computed tourism growth scenarios
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Cyprus environment and hotel profitability (compu
ted scenarios)
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Computing Cyprus hotel economic damages with a
system dynamics (SD) model
Nicholas C GEORGANTZAS
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