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- Impacto econômico da inoperacionalidade do Aeroporto Internacional da Madeira – Cristiano RonaldoPublication . Machado, Luiz Pinto; Almeida, António; Camacho, Élvio; Teles, Susana
- Turismo e mono indústria, a emergência da mudança - O caso da Ilha do Porto Santo - Contributo para a recuperação da economia das ilhasPublication . Machado, Luiz Pinto; Almeida, António
- The on-going process of reinventing classic tourism destinations: the case of nordic tourists in Madeira IslandPublication . Machado, Luiz Pinto; Almeida, AntónioIn this paper, we analyze the effect of tourism experience-related variables on Nordic visitors’ interest in Madeira as a potential second home destination, within the framework of the reinvention of classic tourism destinations as attractive residential areas and tourism hot spots. Over time, Madeira has experienced a sharp decline in terms of the numbers of Nordic visitors, which has prompted local experts to discuss alternative paths to re-attract past visitors back to the island. The second home market was considered one of the viable solutions among the several alternatives considered to address problems of declining market shares. In order to assess the conditioning factors of success in this market niche, we applied a questionnaire to a sample of Nordic visitors to assess their interest in the local second home market. The econometric approach retained in this study is based on the randomized response to take into account potential bias in the data. We suggest that Nordic visitors are only marginally interested in Madeira for second home purposes, which does not mean that we are dealing with a hopeless situation. Further development in this sector can only be reached in the medium term based on sustained quality improvements along with long-term strategic thinking focused on developing a feeling of attachment among potential second home owners.
- Crise, competitividade e inovação: o caso da Ilha da MadeiraPublication . Machado, Luiz Pinto; Almeida, António
- Factors explaining length of stay: Lessons to be learnt from Madeira IslandPublication . Almeida, António; Machado, Luiz Pinto; Xu, ChenThe length of stay for tourists is shrinking for traditional tourism destinations, with tourists instead opting for short breaks to multiple destinations. The reasons for these changes include the increasing number of low cost airlines re duces the cost per journey, alongside heightened disposable income and strong marketing strategies by competing des tinations. Madeira Island is well placed in this study as it faces a typical issue of declining length of stay, meanwhile acquires rich data in carrying out thorough analyses in the factors that explain length of stay in Madeira Island Portugal by five different econometric approaches, further policy implications of the research findings, particularly those that could potentially prove useful to increase the length of stay, are also discussed.
- Rural development and rural tourism: the impact of infrastructure investmentsPublication . Almeida, António; Machado, Luiz PintoRural and peripheral development is still a matter of concern in several western countries. Depopulation, low density of business activities, younger people emigra tion and better-qualified individuals feeling that such regions have been abandoned by the government, and incapable of moving on, are among the key indicators to “understand” rural and peripheral areas. Rural tourism has long been understood as an effective catalyst of change in depressed and deprived (of entrepreneurial capacity) areas and to explore a unique set of amenities. Because of funds directed to help private investment projects in rural tourism facilities, most peripheral areas are now relatively well endowed with key infrastructures. Nevertheless, the tourism lead approach produced mixed results due to low levels of demand in some areas and lack of a cooperative behavior among providers to maximize the opportunities offered by the wide range of attractions. In this paper, we investigate to what extent investments in infrastructure helped the rural tourism sector to attract more visi tors in Madeira. Based on the panel-data approach, this paper provides insights to analyze the development path of rural tourism in Madeira and to explores how local policy makers may be the “missing link” needed to improve the sector prospects based on tangible and intangible amenities.