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Reduce Volume of Hotel Investments in Context with World Economic Crisis

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  • Sztruten (Lefter) Gina Gilet

    () (The Academy of Economic Studies and Romanian-American University of Bucharest)

Abstract

Hospitality industry as part of travel and tourism industry recorded reductions in tourist flows, which entail dramatic reductions in the global crisis and the collapse of the optimal level of investment indicators. Based on the decrease of interest in new real estate investments to the decrease of the specific investment property for a hotel room, all indicators of investment, and not only, mutated evolutionary developments closely correlated with the overall downward contribution of global investment. The investment decision in a new hotel product must take into account today (in context of an unprecedented global economic crisis) if there is an unsatisfied customer segment and such goodwill will cover, with margins of recovery (due to the crisis), investment volume in a satisfactory manner.

Suggested Citation

  • Sztruten (Lefter) Gina Gilet, 2010. "Reduce Volume of Hotel Investments in Context with World Economic Crisis," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 770-773, October.
  • Handle: RePEc:ovi:oviste:v:10:y:2010:i:2:p:770-773
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    Keywords

    indicators; sustainable; hotel; resources; ecological investments.;

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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