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Foreign direct investment in the accommodation sector in Portugal

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dc.contributor.authorBarroco, Cristina
dc.contributor.authorCastro, Eduardo Anselmo
dc.contributor.authorCosta, Carlos
dc.date.accessioned2017-01-30T10:29:51Z
dc.date.available2017-01-30T10:29:51Z
dc.date.issued2016
dc.description.abstractSurprisingly, even though the number of studies addressing Foreign Direct Investment (FDI) is large, a very limited number of them are applied to the tourism industry. Furthermore, none of them examines FDI in the Portuguese tourism industry. However, as important as identifying and analyzing the reasons for travelling and the reasons that influence tourists visiting Portugal, is to identify the pull factors that influence foreign investors to choose the Portuguese accommodation sector. Although much has been written to date on the attractiveness of Portugal as a tourist destination, there were no studies on the attractiveness of Portugal in attracting foreign investment to the tourism sector. The current study intends to fill this gap by identifying the key factors influencing FDI in the Portuguese accommodation sector. With this purpose, a theoretical model was developed which was validated through semi-structured exploratory interviews and questionnaire surveys applied to foreign investors exploiting accommodation units in mainland Portugal. Fifty three questionnaires were considered valid, representing 63.9% of the universe of foreign investors in Portuguese accommodation sector and that account for the exploitation of 20.999 beds. The results obtained indicate that Portugal’s geographical location, its image/brand as a tourist destination and the Portuguese tourism offer are considered the key factors influencing FDI. This study also identifies that the main barriers to FDI are bureaucracy, tax burden and Portugal’s current economic situation.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationBarroco C., Castro, E. A. e Costa, C. (2016). Foreign direct investment in the accommodation sector in Portugal. A Pathway for the generation of Tourism Research, Proceedings of the EATSA Conference 2016, Lisbon, Peniche & Coimbra, Portugal, Edited by Francisco Dias, Gracio Editor (p. 31)pt_PT
dc.identifier.urihttp://hdl.handle.net/10400.19/4142
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherGracio Editorpt_PT
dc.relation.publisherversionhttp://eatsa2016.ipleiria.pt/publication-opportunities/pt_PT
dc.subjectForeign Direct Investmentpt_PT
dc.subjectAttractiveness Factorspt_PT
dc.subjectAccommodation Sectorpt_PT
dc.titleForeign direct investment in the accommodation sector in Portugalpt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.conferencePlaceLisbon, Peniche & Coimbra, Portugalpt_PT
oaire.citation.endPage31pt_PT
oaire.citation.startPage31pt_PT
oaire.citation.titleA Pathway for the generation of Tourism Research, Proceedings of the EATSA Conference 2016pt_PT
rcaap.rightsclosedAccesspt_PT
rcaap.typearticlept_PT

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