Hotel Location in Tourism Cities: Madrid 1936-1998
AbstractTo determine how the positioning of new hotels is affected by the distribution of similar incumbent competitors, this paper investigates geographic location, price, size, and services. With data on all 240 hotels operating in the city of Madrid between 1936 and 1998, a model of geographic and product location at the time of the hotels’ foundings is estimated based on the above mentioned variables. These are simultaneously determined and contingent upon the changing socioeconomic and urban circumstances of the city. The findings suggest that agglomeration occurs only among differentiated establishments. In the balance between agglomeration and differentiation strategies, particularly significant is the trade-off between price and geographic dimensions.
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Bibliographic InfoPaper provided by Universidad Carlos III de Madrid in its series Open Access publications from Universidad Carlos III de Madrid with number info:hdl:10016/6782.
Length: 404 p.
Date of creation: Apr 2006
Date of revision:
Publication status: Published in Annals of Tourism Research (2006-04) v. 33, p.382-402
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Web page: http://www.uc3m.es
Hotels; Location; Madrid; Hotels; Situation;
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- Cirer-Costa, Joan Carles, 2013. "The role of geography in the success of the balearic tourism industry," MPRA Paper 47701, University Library of Munich, Germany.
- Filippo Celata, . "Suburban hotels and the atomization of tourist space in large cities: the case of Rome," Working Papers 102/12, Sapienza University of Rome, Metodi e modelli per l'economia, il territorio e la finanza MEMOTEF.
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