Pestana Group : exploring the Spanish market

Detalhes bibliográficos
Autor(a) principal: Grácio, Elisabeth Monedero
Data de Publicação: 2013
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.14/16837
Resumo: Pestana, the largest Portuguese hotel chain, celebrated in 2012 its fortieth anniversary. Its portfolio included forty-seven hotels under Pestana Hotels & Resorts brand in thirteen countries across Europe, Africa and America, besides the units it managed under Pousadas de Portugal. The company’s future plans for expansion focused especially on emerging destinations of South America and the traditional European markets. Pestana was present in several cities in South American countries and it had already few ongoing projects in Uruguay, Argentina, Brazil and Chile. The main question regarded Europe. Pestana was particularly interested in the Spanish market. The case study provides therefore an overview of the company as well as the tourism and hotel industry, with especial focus in Spain. The aim of this master dissertation is to conduct a strategic analysis of the Spanish market, identifying its trends, opportunities and threats, among others. Spain is one of the top destinations in the world but the financial downturn, the difficulties in obtaining credit and the fierce competition in the hotel industry, especially from the largest international chains, were some of the setbacks for entering into such country. On the other hand, some opportunities arose as the price some hotel establishments decreased, becoming potential acquisition targets for larger companies. In addition, other entry modes, like management contracts or franchising agreements that required lower capital investments, were gaining popularity in the Spanish hotel industry.
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spelling Pestana Group : exploring the Spanish marketDomínio/Área Científica::Ciências Sociais::Economia e GestãoPestana, the largest Portuguese hotel chain, celebrated in 2012 its fortieth anniversary. Its portfolio included forty-seven hotels under Pestana Hotels & Resorts brand in thirteen countries across Europe, Africa and America, besides the units it managed under Pousadas de Portugal. The company’s future plans for expansion focused especially on emerging destinations of South America and the traditional European markets. Pestana was present in several cities in South American countries and it had already few ongoing projects in Uruguay, Argentina, Brazil and Chile. The main question regarded Europe. Pestana was particularly interested in the Spanish market. The case study provides therefore an overview of the company as well as the tourism and hotel industry, with especial focus in Spain. The aim of this master dissertation is to conduct a strategic analysis of the Spanish market, identifying its trends, opportunities and threats, among others. Spain is one of the top destinations in the world but the financial downturn, the difficulties in obtaining credit and the fierce competition in the hotel industry, especially from the largest international chains, were some of the setbacks for entering into such country. On the other hand, some opportunities arose as the price some hotel establishments decreased, becoming potential acquisition targets for larger companies. In addition, other entry modes, like management contracts or franchising agreements that required lower capital investments, were gaining popularity in the Spanish hotel industry.Cardeal, NunoVeritati - Repositório Institucional da Universidade Católica PortuguesaGrácio, Elisabeth Monedero2015-03-06T14:48:14Z2013-02-2220132013-02-22T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10400.14/16837TID:201088983enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-09-19T01:40:05Zoai:repositorio.ucp.pt:10400.14/16837Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T18:14:01.797705Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Pestana Group : exploring the Spanish market
title Pestana Group : exploring the Spanish market
spellingShingle Pestana Group : exploring the Spanish market
Grácio, Elisabeth Monedero
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short Pestana Group : exploring the Spanish market
title_full Pestana Group : exploring the Spanish market
title_fullStr Pestana Group : exploring the Spanish market
title_full_unstemmed Pestana Group : exploring the Spanish market
title_sort Pestana Group : exploring the Spanish market
author Grácio, Elisabeth Monedero
author_facet Grácio, Elisabeth Monedero
author_role author
dc.contributor.none.fl_str_mv Cardeal, Nuno
Veritati - Repositório Institucional da Universidade Católica Portuguesa
dc.contributor.author.fl_str_mv Grácio, Elisabeth Monedero
dc.subject.por.fl_str_mv Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description Pestana, the largest Portuguese hotel chain, celebrated in 2012 its fortieth anniversary. Its portfolio included forty-seven hotels under Pestana Hotels & Resorts brand in thirteen countries across Europe, Africa and America, besides the units it managed under Pousadas de Portugal. The company’s future plans for expansion focused especially on emerging destinations of South America and the traditional European markets. Pestana was present in several cities in South American countries and it had already few ongoing projects in Uruguay, Argentina, Brazil and Chile. The main question regarded Europe. Pestana was particularly interested in the Spanish market. The case study provides therefore an overview of the company as well as the tourism and hotel industry, with especial focus in Spain. The aim of this master dissertation is to conduct a strategic analysis of the Spanish market, identifying its trends, opportunities and threats, among others. Spain is one of the top destinations in the world but the financial downturn, the difficulties in obtaining credit and the fierce competition in the hotel industry, especially from the largest international chains, were some of the setbacks for entering into such country. On the other hand, some opportunities arose as the price some hotel establishments decreased, becoming potential acquisition targets for larger companies. In addition, other entry modes, like management contracts or franchising agreements that required lower capital investments, were gaining popularity in the Spanish hotel industry.
publishDate 2013
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2013-02-22T00:00:00Z
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