Article Per Year (5 Year)
p-Index From 2021 - 2026
0
P-Index
This Author published in this journals
All Journal JABM JOURNAL of ACCOUNTING - BUSINESS & MANAGEMENT
Bernabe Escobar Perez
Universidad de Sevilla
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Other

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Spanish Theme Parks: The Continuity Paradox After a Decade of Operations Bernabe Escobar Perez; Silvia Fresneda Fuentes; Antonio Lobo Gallardo
Journal of Accounting, Business and Management (JABM) Vol 16 No 2 (2009): October
Publisher : STIE Malangkucecwara

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Theme Parks are getting more relevant within the tourism industry. They generate opposed positions in specialized studies. On the one hand, there are those who defend (Economics Research Associates, 2003) them by affirming that they are one of the most promising tourism segments. On the other hand, there are others who argue that they are not so profitable businesses. This paper analyzes the historical evolution and the current situation of the Spanish Theme Parks through their financial information. The goal is to determine, from a technical point of view, some of the causes behind their existence and paradoxical continuity. In order to reach our objectives, we have studied the evolution of the main financial ratios of the sector, according to the information contained in their Balance Sheet, Profit and Loss Account. The main conclusion, then, reveals that their financial current situation and the foreseeable evolution are negative and their continuity seems to be based on political reasons more than purely economic and financial ones.
Co-Authors Antonio Lobo Gallardo Silvia Fresneda Fuentes