Talk
FDI patters of interational hotel chains
Maria-Conceição Santos (Santos, M-C.); Ana Brochado (Brochado, A.); José Esperança (Esperança, J.);
Event Title
GIKA 2016
Year (definitive publication)
2016
Language
English
Country
Spain
More Information
Abstract
Main issues analysed: - The hotel industry is a typical illustration of the location boundedness. – Simultaneity of production and consumption characterize the service sector. – One of the most heavily globalized industries. – In this study, we focus on a largely internationalized hotel group – Accor – to analyze the location pattern selected by the most active foreign investor among the largest world hotel chains. Our contribution to the existing literature is three fold: we incorporate the predictions of the gravitational model, a powerful tool in the context of foreign trade, but scarcely used for FDI decisions; cultural proximity is tested through the role of language proximity based on the “open circuit” data collected by Melitz (2008); finally we extend the conventional analytical tools by using the Miles and Snow typology using fuzzy set qualitative comparative analysis.
Acknowledgements
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Keywords
Global Hotel,gravitational theory, fuzzy set analysis, FDI decisions, Cultural and geoghraphical distance