The purpose of this paper is to get insights on a real-life portfolio of events from a demand-centred prospective, based on the identification of factors influencing the degree of attendee’s satisfaction, with the ultimate aim of identifying commonalities and prospective cross-leverage strategies among events.
Data from attendees to three major events taking place in Funchal, the capital city of Madeira, were analysed based on multivariate statistics and categorical regression owing to the overwhelming presence of categorical data in the database. The econometric analysis pursued in this paper is based on a sample of 1,830 tourists.
The research demonstrates that the impact of the socio-economic variables and travel arrangements on attendees’ satisfaction is rather irrelevant, irrespective of the event under analysis, with cross-cutting factors defining the overall quality of any event (mainly technical aspects such as aesthetical elements, organization and opening hours) determinant in predicting the overall degree of satisfaction. Another key finding relates to the existence of a number of commonalities among events, in terms of tourists’ profiles, market orientation, themes and resources laying ground to define ready-to-apply cross-leverage strategies.
The analysis concentrated on three major events taking place in the capital city of a peripheral region. The content of the questionnaire co-developed with the destination management organization with order to get access to a large sample of respondents.
Lessons to be learnt in terms of managing a disparate collection of events developed over time in an ad hoc manner. A few examples of cross-leverage strategies are put forward.
The analysis and empirical content portrayed in this study contribute to the literature on event portfolio via description of real-life case examples of how to develop competencies based on post-event analysis in a proactive manner.
The authors thank the “Tourism Project: Characterization, Impact and Sustainability of Madeira Tourism”, co-financed by the Operational Programme of the Autonomous Region of Madeira 2014–2020 (Portaria No. 92/2015), M14-20-01-0145- FEDER-000007, of the University of Madeira.
Almeida, A., Teixeira, S. and Franco, M. (2019), "Uncovering the factors impacting visitor’s satisfaction: evidence from a portfolio of events", International Journal of Event and Festival Management, Vol. 10 No. 3, pp. 217-247. https://doi.org/10.1108/IJEFM-01-2019-0002Download as .RIS
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