
Publication
FINANCIAL HEALTH OF TRAVEL AGENCIES AND TOUR OPERATORS IN THE CZECH REPUBLIC: EVIDENCE FROM BANKRUPTCY MODELS
(STEF92 Technology, 2017, V. Hedija)
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Background: Tourism industry belongs to the relative young and dynamically expanding sector of economy in post-communist countries. According to Czech Ministry of Regional Development tourism industry created on average 3 percent of gross domestic product in last ten years in the Czech Republic. The study is focused on travel agents whose main task is to mediate tourism services and take the form of travel agencies and tour operators. The paper aims to assess the financial health of tour operators and travel agenc...
SOCIAL SCIENCES: Section Economics and Finance2017
