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Journals / Advances in Hospitality and Tourism Research (AHTR) / 2026 / Volume: 7 Issue: 1

Survival of Firms in Crisis: Evidence from Antalya Tourism City

Kemal Türkcan0000-0001-9055-7280
Hilal Erkuş Öztürk(AKDENİZ ÜNİVERSİTESİ, MİMARLIK FAKÜLTESİ)0000-0003-2466-6862
Pages
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Publication Date
2019-05-31
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

There are no differences between foreign owned and domestic firms.

📌 3 Key Takeaways

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Objective & Hypothesis:Firm survival in tourism cities has long been a topic of discussion, due to particularly the fragile nature of the tourism industry.
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Key Findings & Data:The survival rate is higher for smaller and younger firms and lower for corporate firms.
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Conclusion & Impact:There are no differences between foreign owned and domestic firms.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:firm survival · tourism cities · economic and political crisis

Abstract

Firm survival in tourism cities has long been a topic of discussion, due to particularly the fragile nature of the tourism industry. Crises make tourism cities even more fragile, which makes them an ideal case for studying the effects of crises on firm survival. Antalya, Turkey's leading tourist destination, has suffered from economic and political crises in recent years. This study investigates the factors influencing firm survival in a crisis-ridden tourism city. The results of a time-discrete survival analysis show that firm survival depends on firm-, industry-, and location-specific factors. Business survival declines in times of downturns. The survival rate is higher for smaller and younger firms and lower for corporate firms. There are no differences between foreign owned and domestic firms.

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Cite This Article

Türkcan, K., Öztürk, H. E. (2019). Survival of Firms in Crisis: Evidence from Antalya Tourism City. Advances in Hospitality and Tourism Research (AHTR), Volume: 7 Issue: 1. https://doi.org/10.30519/ahtr.438189

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