How hotel industry can attracting foreign direct investment?
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The hotel industry can attract foreign direct investment by creating a favorable investment climate, improving the investment attractiveness index, and establishing a strong macroeconomic environment . Foreign direct investment in the hospitality sector is driven by factors such as economic conditions, market size, tax policies, and skilled labor availability . Additionally, the presence of globally branded luxury hotels plays a crucial role in attracting foreign capital to the tourism industry . Countries with stable political environments, encouraging business conditions, and effective elimination of barriers tend to attract more foreign direct investment, leading to greater competitiveness and presence of global hotel brands . Overall, by focusing on these aspects and implementing strategies to mitigate risks, the hotel industry can successfully attract foreign direct investment for its development .
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| Papers (5) | Insight |
|---|---|
2 Citations | The hotel industry can attract foreign direct investment by developing infrastructure, offering favorable conditions, and implementing public-private partnerships, as discussed in the paper on tourism industry regulation. |
01 Jan 2021 | The hotel industry can attract foreign direct investment by creating a favorable investment climate, implementing new approaches, and developing methods to attract foreign investors. |
| Factors such as economic size, market size of the home country, VAT increase, and skilled labor influence foreign direct investment in the hospitality industry, aiding in attracting investments. | |
Open access•Journal Article | A favorable macroeconomic environment, political stability, and eliminating barriers attract foreign direct investment in the hotel industry, leading to the presence of global hotel brands and increased competitiveness. |
| The hotel industry can attract foreign direct investment by offering opportunities for infrastructure development, technology transfer, and job creation, as seen in the case of Chinese investment in Liberia. |
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