Oligopoly or contestable markets in the UK package tour industry?

Article Abstract:

The UK package tour industry has been suggested as an oligopoly because it consists of extremely large firms and small firms as well. An analysis of the revenue generating capacities of the firms involved in an oligopoly using Baum and Mudambi's model revealed that strategic withholding by very large firms is beneficial to both large and small firms. However, n contrast to a basic assumption of the model, there were no evidence indicating that strategic withholding leads to higher industry profits. This suggested that the UK package tour industry may not be sufficiently oligopolistic.

Analysis, Economic aspects, Oligopolies

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Tourism marketing ethics: an introduction

Article Abstract:

People involved in the tourism industry need to define marketing ethics in a more explicit manner. They should also implement effective segmentation schemes and communicate appropriate destination messages. Moreover, these people must have a thorough understanding of the fragility of the tourism industry.

Marketing, Ethical aspects

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Magical Maui

Article Abstract:

Maui offers a beautiful climate and numerous attractions for visitors year-round. Suggested activities include helicopter tours, whale watching, and sailing. Information on climate, shopping, and dining are also provided.

Hawaii, Description and travel, Maui

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