Factors Affecting the Level of the Financial Result From the Main Operations of Travel Agents on the Example of the Joint Stock Company Rainbow Tours Cover Image

Zarządzanie czynnikami wpływającymi na poziom wyniku finansowego podstawowej działalności operacyjnej biur podróży na przykładzie Rainbow Tours SA
Factors Affecting the Level of the Financial Result From the Main Operations of Travel Agents on the Example of the Joint Stock Company Rainbow Tours

Author(s): Ewa Maćkowiak
Subject(s): Economy, Business Economy / Management
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: risk; tourism; the level of profit; revenue; costs

Summary/Abstract: Tourism, particularly the foreign one, it’s the industry that is fraught with risk. The biggest problem faced by travel agents is the volatility of the exchange rates and the classic market risk. Also it is compulsory to take into account risks from the geopolitical situation, strikes, riots, disasters. Weave effect of many factors affecting negatively the sales volume and specificity of settlements of travel agents, makes many of them to finance closed season by advances from customers booking holidays for the next one.

  • Issue Year: 2016
  • Issue No: 82 (2)
  • Page Range: 213-225
  • Page Count: 13
  • Language: Polish