Tourism Sector: Evidence Of Business Dynamics in Portugal

Costa Vânia (), Pereira Raquel, Loureiro Isabel Sofia, Campinho Sara, Moura Andreia, Mira Maria do Rosário, Silva Goretti and Silva Susana
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Costa Vânia: Adjunct Professor at School of Hospitality and Tourism of Polytechnic University of Cávado and Ave (IPCA), Portugal; CiTUR – Centre for Tourism Research, Development and Innovation, Coimbra, Portugal; UNIAG - Applied Management Research Unit (UNIAG) and GOVCOPP - Research Unit in Governance, Competitiveness and Public, University of Aveiro, Aveiro, Portugal
Pereira Raquel: Adjunct Professor at School of Hospitality and Tourism of Polytechnic University of Cávado and Ave, Portugal; CITUR – Centre for Research, Development, and Innovation in Tourism, Cávado, Portugal
Loureiro Isabel Sofia: Polytechnic Institute of Cávado and Ave, Cávado, Portugal
Campinho Sara: Polytechnic Institute of Cávado and Ave, Cávado, Portugal
Moura Andreia: Adjunct Professor at the School of Education of the Polytechnic Institute of Coimbra, Portugal, CITUR – Centre for Research, Development, and Innovation in Tourism, GOVCOPP, Aveiro, Portugal
Mira Maria do Rosário: Adjunct Professor at the Polytechnic of Coimbra, Portugal, CITUR – Centre for Research, Development, and Innovation in Tourism, and GOVCOPP, Aveiro, Portugal
Silva Goretti: Adjunct Professor at the Polytechnic Institute of Viana do Castelo, Portugal, CITUR – Centre for Research, Development, and Innovation in Tourism, Viana do Castelo, Portugal
Silva Susana: Adjunct Professor at Polytechnic Institute of Porto, Portugal, CITUR – Centre for Research, Development, and Innovation in Tourism, CEOS.PP, Porto, Portugal

European Journal of Tourism, Hospitality and Recreation, 2024, vol. 14, issue 2, 231-244

Abstract: An in-depth understanding of the business dynamics of a given sector enables key stakeholders to define appropriate strategies for its development, promotion and consolidation. This study aims to analyse the Portuguese tourism and hospitality sector, characterising the companies and their business dynamics between 2011 and 2022. It uses a Related-Samples Friedman‘s Two-Way Analysis of Variance by Ranks to identify any statistically significant differences between the subsegments of Hotels and Restaurants, Recreational and Cultural Activities, and Transports and Logistics using specific competitiveness indicators. The results show significant differences between the subsegments in some indicators. The sector is resilient and plays a key role in recovering from highly impactful challenges. Micro and small companies employ thousands of people and make hotels and restaurants a key subsegment of activity for the sector. This study contributes to a comprehensive understanding of the dynamics of the tourism sector, providing valuable information to industry players and researchers.

Keywords: tourism sector; business dynamics; business structure; business performance; Portugal (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:ejothr:v:14:y:2024:i:2:p:231-244:n:1005

DOI: 10.2478/ejthr-2024-0017

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