An Integrated Value-Oriented Accounting Framework for Catalyzing Tourism Development: Evidence from Egypt

Purpose This study develops an integrated value-oriented accounting framework designed to support tourism development by trans-lating tourism-related activities and strategic initiatives into accounting information capable of guiding managerial and policy deci-sions. The research addresses a key limitation in conventional accounting systems, which primarily focus on firm-level financial outcomes while largely overlooking tourism-related drivers of value creation. The study therefore explores how accounting can be reoriented to capture tourism-related value dynamics and support sustainable tourism development.Design / Methodology / Approach The study adopts a quantitative empirical design using panel data collected from hotels operating in major Egyptian tourism destinations over the period 2015–2024. A value-oriented accounting framework is operationalized through multiple indicators reflecting tourism activity, operational performance, and strategic resource utilization. Econometric analysis based on a dynamic panel model is employed to examine the relationship between tourism activity indicators and firm-level performance outcomes.Findings The empirical results indicate that tourism-related drivers captured through the proposed accounting framework are signifi-cantly associated with improvements in firm performance and operational efficiency. The findings also suggest that accounting information structured around tourism-related activities can enhance strategic decision-making within hospitality firms and con-tribute to broader tourism development outcomes.Originality / Value The study contributes to the literature by introducing a value-oriented accounting framework that integrates tourism devel-opment considerations into accounting analysis, thereby extending accounting research beyond traditional financial performance measurement.Implications (Theoretical, Practical, Economic, and Social) Theoretically, the study advances accounting research by linking tourism development dynamics with firm-level accounting analysis. Practically, the framework offers managers and policymakers a tool for aligning accounting information with tourism de-velopment strategies. Economically, the approach may improve the efficiency of tourism investments and resource allocation. Socially, the framework supports sustainable tourism development by strengthening the informational foundations of tourism policy and management.