A gravity model of foreign direct investment in the hospitality industry
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- 作者：Martin Falk martin.falk@wifo.ac.at" class="auth_mail" title="E-mail the corresponding authorAuthor Vitae
- 关键词：Foreign direct investment ; Hotel sector ; International hotel chains ; Business regulations ; Factor costs ; Gravity model ; Count data model
- 刊名：Tourism Management
- 出版年：2016
- 出版时间：August 2016
- 年：2016
- 卷：55
- 期：Complete
- 页码：225-237
- 全文大小：727 K
文摘
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Determinants of FDI activity in the hospitality industry is investigated.
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China, United Kingdom, UAE, India and Russia are the top five destinations for hotel FDI.
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Number of hotel FDI projects significantly decreases with business regulations, tax rates and wages.
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Number of FDI projects significantly increases with market size.
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Geographical distance is not relevant.