The aim of this study is to put forth the methods of hedging and to determine to levels of use of hedging instruments at five-star hotels in Turkey. In this study, survey technique was used to determine the methods of hedging. The population of the research consists of five-star hotels in Turkey. As it was not possible to reach the whole of the research population in terms of time and cost, quota sampling method, which is expected to represent the population better was preferred.According the result of the study, hotel companies’ use derivatives (forwards, futures, option and swap contracts) in order to hedge financial risks. Also at the end of the study, it is concluded that hotel companies prefer forward contracts within methods of hedging. And also there are a significant differences between the hedging methods and type, region, total income and expenses of hotel business
The aim of this study is to put forth the methods of hedging and to determine to levels of use of hedging instruments at five-star hotels in Turkey. In this study, survey technique was used to determine the methods of hedging. The population of the research consists of five-star hotels in Turkey. As it was not possible to reach the whole of the research population in terms of time and cost, quota sampling method, which is expected to represent the population better was preferred.According to the result of the study, hotel companies' use derivatives (forwards, futures, option and swap contracts) in order to hedge financial risks. Also at the end of the study, it is concluded that hotel companies prefer forward contracts within methods of hedging. And also there are a significant differences between the hedging methods and type, region, total income and expenses of hotel business
Alan : Ziraat, Orman ve Su Ürünleri; Spor Bilimleri
Dergi Türü : Uluslararası
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