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This paper reviews the financial market's perception of possible value creation as a result of mergers and acquisitions (M&As) in the lodging industry, particularly from an international perspective. It presents a comparison of the stock price reaction for firms involved in domestic and...
A general analysis is made of tourism in Spain, covering investment, the importance of capital, current tourism trends, and recommendations for a government policy to assist and improve the tourism sector. The recommendations include: improving tourism promotion and marketing; provision of credit...