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Recent Evolutions of the Tourism and Hospitality Industry FDI

Author

Listed:
  • ALINA-CERASELA ALUCULESEI

    (Institute for World Economy – Romanian Academy 13th September, no. 13, Bucharest ROMANIA)

  • DANIEL BULIN

    (Institute for World Economy – Romanian Academy 13th September, no. 13, Bucharest ROMANIA)

Abstract

The tourism industry has recorded one of the most remarkable increases over the past decade, reaching an impressive ten percent of the world GDP in 2015. In this context, and taking into account people's desire to spend their holidays away from home in famous tourist spots, it is evident this industry becomes an attractive alternative for investors. Whether it is airlines or hotel chains, foreign investments in this sector are increasingly and more visible, although at this point is not at its real potential. This article presents the main destinations according to the stocks of direct foreign investments in tourism, highlighting the most important players according to their sales, profits, assets and market value.

Suggested Citation

  • Alina-Cerasela Aluculesei & Daniel Bulin, 2017. "Recent Evolutions of the Tourism and Hospitality Industry FDI," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 5(2), pages 56-62, December.
    • Handle: RePEc:ntu:ntugeo:vol5-iss2-17-056
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    More about this item

    Keywords

    foreign direct investment; FDI stocks; FDI in tourism; tourism market; tourism investment;
    All these keywords.

    JEL classification:

    • D25 - Microeconomics - - Production and Organizations - - - Intertemporal Firm Choice: Investment, Capacity, and Financing
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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