Table 5 Overview of widespread hotels'... | Emerald Publishing

Table 5

Overview of widespread hotels' BM value elements

Value creation		Value proposition
Key relationships Construction firms, artisans and suppliers Art and craft shops Restaurants Tour guides Employees Tourists Residents Municipal and regional institutions	Key activities Restorations works of historic buildings Revitalization of local traditions (such as festivals, food and wine) Organizations of tours (e.g. by bike, horse) also guided by villagers Active involvement of tourists in the creation of the experience Incentives supporting the production-distribution process Key resources Local cultural and natural resources of villages, including castles, noble palaces, medieval manors, stone houses Local human resources Financial resources	Services offered Accommodation in authentic rooms/suites in historic buildings scattered throughout small and remote villages Tourists' experiences of immersion in local cultural and natural contexts, involving local community and tourists in the production/distribution process Problem addressed Depopulation/abandonment of small/remote villages of historic and cultural value Tourists' needs Demand for participation and immersion in authentic contexts

Value creation		Value proposition
Key relationshipsConstruction firms, artisans and suppliersArt and craft shopsRestaurantsTour guidesEmployeesTouristsResidentsMunicipal and regional institutions	Key activitiesRestorations works of historic buildingsRevitalization of local traditions (such as festivals, food and wine)Organizations of tours (e.g. by bike, horse) also guided by villagersActive involvement of tourists in the creation of the experienceIncentives supporting the production-distribution processKey resourcesLocal cultural and natural resources of villages, including castles, noble palaces, medieval manors, stone housesLocal human resourcesFinancial resources	Services offeredAccommodation in authentic rooms/suites in historic buildings scattered throughout small and remote villagesTourists' experiences of immersion in local cultural and natural contexts, involving local community and tourists in the production/distribution processProblem addressedDepopulation/abandonment of small/remote villages of historic and cultural valueTourists' needsDemand for participation and immersion in authentic contexts

Value capture
Cost structure Savings from efficient resource consumption following the adoption of environment-friendly materials and eco-innovative technologies Government subsides	Revenue streams Combination of accommodation and tourist experiences involving also tourists and residents based on the local resource setting

Value capture
Cost structureSavings from efficient resource consumption following the adoption of environment-friendly materials and eco-innovative technologiesGovernment subsides	Revenue streamsCombination of accommodation and tourist experiences involving also tourists and residents based on the local resource setting

Source(s): Own elaboration; Table by authors