Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/99441
Title: Determinants of profitability amongst travel intermediaries within the Maltese tourism value chain : case study of a local incoming agent
Authors: Arrigo, Alan (2021)
Keywords: Travel agents -- Malta -- Econometric models
Regression analysis
Profit -- Malta
Issue Date: 2021
Citation: Arrigo, A. (2021). Determinants of profitability amongst travel intermediaries within the Maltese tourism value chain: case study of a local incoming agent (Master's dissertation).
Abstract: This study uses regression tests to examine the determinants of profitability amongst travel intermediaries within the Maltese tourism value chain by using a case study of a local incoming tour operator for the period 2005 to 2019. The model employed in this dissertation draws from the standard definition for profitability and uses profit margin ratios as a unit of measure. Based on previous studies, the model includes a measure relating to the size of the company (this being the average price per tourist handled), a cost efficiency ratio and a measure to capture external factors such as the firm’s market share relative to the total air seat capacity. This study leads to three main conclusions, such that cost efficiency is a significant determinant of incoming agent’s profitability. Secondly, that the spend per tourist to the organisation leads to a significant and positive impact on profitability. Lastly, that a firm’s market share of tourists handled over a country’s air seat capacity is a significant determinant of profitability with a positive sign, indicating that a firm would need to keep the same growth rate as a destination’s capacity increases, to keep the same profitability rate.
Description: M.A.(Melit.)
URI: https://www.um.edu.mt/library/oar/handle/123456789/99441
Appears in Collections:Dissertations - FacEMATou - 2021

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