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The role of political risk in the travel fair decision-making process
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Purpose
This paper aims to determine the influence of travel fair selection factors on exhibitor intention to attend, in conjunction with the role of political risk within that relationship.
Design/methodology/approach
Following the basic premises of image repair theory, this quantitative study examines the perceptions of 205 exhibitors – both domestic and international – at Belgrade Travel Fair.
Findings
Two variables – travel fair customer acquisition and retention orientation and market orientation – were found to influence travel fair intention in a statistically significant manner, while multi-group structural equation modeling indicates a positive statistically significant correlation between travel fair customer acquisition and retention and travel fair market orientation and travel fair intention for exhibitors that place higher importance on political risk in the region.
Research limitations/implications
The limitations of the research are its regional focus and its small sample size.
Practical implications
Travel fair organizers should consider market orientation and customer acquisition and retention orientation as important antecedents of travel fair intention. Exhibitor perception of political risk enhances image repair efforts.
Social implications
The study focuses on the perception of travel fair exhibitors when attending a travel fair in a region which is continually exposed to political risk. Thus, travel fairs can act as image repair instruments for companies affected by political risk in a region, as they have the capacity to present a positive image to a specific audience.
Originality/value
The study enhances the existing work related to image repair theory by observing how travel fairs can be used as image repair instruments. The originality of the study lies in its provision of further understanding of the reasons for exhibitor attendance at travel fairs and, more specifically, the role of political risk in this context. The study’s findings extend the applicability of the image repair theory in the context of the behavioral nature of travel fair attendance.
Title: The role of political risk in the travel fair decision-making process
Description:
Purpose
This paper aims to determine the influence of travel fair selection factors on exhibitor intention to attend, in conjunction with the role of political risk within that relationship.
Design/methodology/approach
Following the basic premises of image repair theory, this quantitative study examines the perceptions of 205 exhibitors – both domestic and international – at Belgrade Travel Fair.
Findings
Two variables – travel fair customer acquisition and retention orientation and market orientation – were found to influence travel fair intention in a statistically significant manner, while multi-group structural equation modeling indicates a positive statistically significant correlation between travel fair customer acquisition and retention and travel fair market orientation and travel fair intention for exhibitors that place higher importance on political risk in the region.
Research limitations/implications
The limitations of the research are its regional focus and its small sample size.
Practical implications
Travel fair organizers should consider market orientation and customer acquisition and retention orientation as important antecedents of travel fair intention.
Exhibitor perception of political risk enhances image repair efforts.
Social implications
The study focuses on the perception of travel fair exhibitors when attending a travel fair in a region which is continually exposed to political risk.
Thus, travel fairs can act as image repair instruments for companies affected by political risk in a region, as they have the capacity to present a positive image to a specific audience.
Originality/value
The study enhances the existing work related to image repair theory by observing how travel fairs can be used as image repair instruments.
The originality of the study lies in its provision of further understanding of the reasons for exhibitor attendance at travel fairs and, more specifically, the role of political risk in this context.
The study’s findings extend the applicability of the image repair theory in the context of the behavioral nature of travel fair attendance.
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