Resort Project Selection by Using Compromise Programming

Abstract

Serbia is a landlocked country deprived of the possibility of developing maritime tourism. On the other hand, it has the opportunity to develop the other types of tourism, such as: mountain tourism, spa tourism, rural tourism, etc. Serbia has to improve its tourism infrastructure in order to achieve better quality and meet tourists’ requirements. In that sense, it is necessary to enhance the number of the accommodation facilities that will meet set standards. The selection of the type of the accommodation facility, as well as its location, is a very delicate issue because the right choice influences future operations and revenue. Making a decision without considering the problem from every available aspect could lead to making the wrong decisions. Multiple Criteria Decision Making methods are imposed as the logical approach to solving problems in an effective manner. In this paper, the ranking and selection of the optimal resort project focused on the tourism development of Backa and is performed using compromise programming.