Wine tourism as a non-core business strategy for small wineries

Festa, Giuseppe, Cuomo, Maria Teresa, Foroudi, Pantea ORCID: https://orcid.org/0000-0003-4000-7023 and Metallo, Gerardino (2020) Wine tourism as a non-core business strategy for small wineries. International Journal of Managerial and Financial Accounting, 12 (2) . pp. 149-164. ISSN 1753-6715 [Article] (doi:10.1504/IJMFA.2020.109136)

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Abstract

In recent years, wineries have been implementing increasingly more wine tourism activities as complementary or supplementary services to enhance their wine products. This paper adopts an inductive research paradigm based on grounded investigation; more specifically, this paper begins with a case study and expands to involve further similar evidence. The findings of this study show that, for wineries, wine tourism represents a fundamental opportunity for communication (institutional and commercial), distribution (as a form of direct channel), and growth (to include tasting, catering, hospitality, and so on). Most importantly, for both scholars and managers, the results of the research highlight that wine tourism can become the main source of the business value, especially in the case of small wineries (an example of which is examined in the case study under analysis). In these situations, however, wine production still characterizes the business because, otherwise, there can be no wine tourism, but wine production is not realistically critical to the business in terms of survival, competitiveness, and development.

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