Reduce Volume of Hotel Investments in Context with World Economic Crisis

Sztruten (Lefter) Gina Gilet ()
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Sztruten (Lefter) Gina Gilet: The Academy of Economic Studies and Romanian-American University of Bucharest

Ovidius University Annals, Economic Sciences Series, 2010, vol. X, issue 2, 770-773

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.

Keywords: indicators; sustainable; hotel; resources; ecological investments. (search for similar items in EconPapers)
JEL-codes: L83 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:10:y:2010:i:2:p:770-773

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