publication . Article . Other literature type . 2014

Hotel Performance and Agglomeration of Tourist Districts

Marco-Lajara, Bartolomé; Claver-Cortés, Enrique; Úbeda-García, Mercedes; Zaragoza-Sáez, Patrocinio Del Carmen;
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  • Published: 21 Oct 2014 Journal: Regional Studies, volume 50, pages 1,016-1,035 (issn: 0034-3404, eissn: 1360-0591, Copyright policy)
  • Publisher: Informa UK Limited
  • Country: Spain
Abstract
This paper measures the impact on profitability of the geographical area where the vacation hotels of the Spanish Mediterranean are situated. It places a special emphasis on analysing the tourist districts existing in this coastal Spanish area and the extent to which the degree of business agglomeration at each destination affects hotel profit. Due to the characteristics of the service sector, and after a revision of the agglomeration literature, a ‘U’-shaped relationship is hypothesized between these two variables. With data of about 1869 hotels belonging to 113 tourist districts, results support the hypothesis and partially the theory of tourist districts. The...
Subjects
free text keywords: Tourist districts, Hotel performance, Territorial impact, Business agglomeration, Spain, Organización de Empresas, Situated, Profitability index, Location theory, Economies of agglomeration, Economics, Regional studies, Economy, Hospitality industry, business.industry, business, Tertiary sector of the economy, Tourism
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