The tourism industry is characterized by severe shifts in demand that play havoc with forecasting future investment. Within the tourism industry, the need for large-scale initial capital investment in the hotel sector, make the latter particularly vulnerable to the vagaries of the tourism market. Given an up-turn in demand, the hotel industry cannot always respond immediately and its' response ...

Introduction Wales has some of the best landscapes in Europe, including three national parks which host activities that include hill walking, canoeing, mountain biking, kayaking and climbing. Wales is also becoming more and more popular for 'extreme' sports, including surfing, hang gliding and downhill cycling. In addition, cultural, historical and industrial heritage sites in Wales attract sig...

Medical tourism is one of the subdirectories of tourism in order to receive health care in other countries. It has become a major industry in the global arena. According to the great potential of this industry in Iran, is essential to paying more attention to this branch of tourism, economic effect and also the effect of economic indicators on tourism industry. Therefore, this paper examines th...

â â â  some of the necessary approaches to access the sustainable and balanced development process for investment and fulfillment of developmen projects are spatial planning, determining operational scales and locating tourism centers scientifically. in this paper as part of the results of a great research project in bazoft area of chaharmahal bakhteari, over of functional-structural view, with...

Th e powerful attraction of foreign direct investment (FDI) is particularly important for further development of tourism. Th e strategically focused attraction of FDI in tourism has a much higher signifi cance because of the multiple eff ects in relation to other segments of the economy. In this context, it is necessary to highlight the investment engagement and the presence of globally branded...

The present paper analyzes the forward linkages of a multinational’s investment in a resort which kicks off tourism activity in a LDC. We show that, under quite natural assumptions, overnight stays are increasing in the number of tourism related, differentiated goods and services supplied in equilibrium. These goods and services, if supplied by the local community, represent forward linkages of...