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Portuguese tour operators: A fight for survival

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  • Assaf, A. George
  • Barros, Carlos Pestana
  • Dieke, Peter U.C.

Abstract

This article looks at the efficiency of Portuguese tour operators focusing on firm size, group ownership, and mergers and acquisitions. It has been argued that changed market conditions in Europe make it hard for tour operators to achieve economies of scale and market growth without increasing firm size or being part of a more high profile company.

Suggested Citation

  • Assaf, A. George & Barros, Carlos Pestana & Dieke, Peter U.C., 2011. "Portuguese tour operators: A fight for survival," Journal of Air Transport Management, Elsevier, vol. 17(3), pages 155-157.
    • Handle: RePEc:eee:jaitra:v:17:y:2011:i:3:p:155-157
    DOI: 10.1016/j.jairtraman.2010.12.002
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    References listed on IDEAS

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    1. Léopold Simar & Paul W. Wilson, 1998. "Sensitivity Analysis of Efficiency Scores: How to Bootstrap in Nonparametric Frontier Models," Management Science, INFORMS, vol. 44(1), pages 49-61, January.
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    Cited by:

    1. Alfredo Coelho & Victor Manuel Castillo-Girón, 2020. "The Medium of Exchange in Mergers and Acquisitions: The Cases of Travel Agencies and Tour Operators," Administrative Sciences, MDPI, vol. 10(4), pages 1-13, November.
    2. Huang-Ping Yen & Po-Chi Chen & Kung-Cheng Ho, 2021. "Analyzing Destination Accessibility From the Perspective of Efficiency Among Tourism Origin Countries," SAGE Open, , vol. 11(2), pages 21582440211, April.
    3. Merkert, Rico & Morrell, Peter S., 2012. "Mergers and acquisitions in aviation – Management and economic perspectives on the size of airlines," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 48(4), pages 853-862.

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