Worldwide and especially in Slovenia, family tourism businesses have a fundemantal economic role. This role has been constantly increasing and gaining its importance. The critical time in family tourism businesses, however, is mainly managing succession, which is defined as a transfer of ownership and is in close relation to the transfer of leadership. Data show that the process of the transfer to the next generation is survived by only one third of family businesses; many family businesses go bankrupt when the next generation takes over the business. This paper, therefore, examines the succession characteristics of individual family tourism businesses (restaurants) through the application of a multi-criteria model based on the DEXi and AHP methodologies. Multiple-criteria decision analysis is a sub-discipline of operations research that explicitly considers multiple criteria in decision-making environments.
Izvorni znanstveni rad / Original scientific paperBoris Prevolšek