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Activity-Based Costing in the Hospitality Industry: Evidence From Greece

Athens University of Economics and Business, opaulatos{at}gmail.com

Ioannis Paggios

University of Piraeus, pagso{at}unipi.gr

The purpose of this article is to provide some empirical evidence of the current general trends regarding the practical consideration, adoption, and use of activity-based costing (ABC) in the hospitality industry. To this end, a survey was conducted with 85 firms of the Greek hotel sector with the use of questionnaires. Results showed that the adoption rate of an ABC system could be considered rather satisfactory. For the hotels that have adopted ABC, the survey showed that they apply it throughout all the core areas of management accounting, especially in pricing decisions and customer’s profitability analysis. The nonusers reported that the main reason for rejecting it is the satisfaction of the existing cost accounting system and the high cost of an ABC implementation.

Key Words: cost accounting • management accounting • activity-based costing • hotels • Greece

Journal of Hospitality & Tourism Research, Vol. 33, No. 4, 511-527 (2009)
DOI: 10.1177/1096348009344221


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