publication . Thesis . 2014

Determinants of profitability in tourism industry: Evidence from Turkey

Moaveni, Golchia;
Open Access English
  • Published: 01 Jan 2014
  • Publisher: Eastern Mediterranean University (EMU) - Doğu Akdeniz Üniversitesi (DAÜ)
  • Country: Cyprus
ABSTRACT: Tourism industry has become one of the key and main sectors in Turkish economic improvement in the last years. The strong bilateral relationship between the economy and tourism has led Turkey to achieve a remarkable rank of 6th in the world Tourism Organization Statistics. This research investigated the effect of internal, external and macroeconomic factors on the profitability of tourism industry considering the five large Turkish tourist companies from 1998 to 2011. With respect to the results of the regression analysis, it is concluded that the internal factors are more related to profitability than the other variables. In this case, capital adequac...
free text keywords: Banking and Finance, Tourism - Tourist Trade - Turkey, Sustainable Tourism - Development - Turkey, Profitability, Financial Performance, Tourism Industry, Internal Factors
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