Scale of hospitality firms and local economic development: evidence from Crete

Andriotis, K, 2002. Scale of hospitality firms and local economic development: evidence from Crete. Tourism Management, 23 (4), pp. 333-341. ISSN 0261-5177

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Abstract

The hospitality industry generates benefits for many host communities including employment generation and foreign exchange earnings. However, the hospitality industry often leads to external dependency contributing to a loss of local control over resources, migrant workforce and leakages outside the local economy, seriously reducing industry's potential for generating net financial advantages and growth for the local economy. Despite the variation of size of hospitality firms, there is still limited research on how well different size hospitality firms contribute to local economic development, something which this paper addresses, taking as a case the island of Crete. The findings suggest that the smaller the size of hospitality firm the larger the benefits to the local economy.

Item Type:	Journal article
Alternative Title:	Scale of hospitality firms and local economic development: the case of Crete
Publication Title:	Tourism Management
Creators:	Andriotis, K.
Publisher:	Elsevier (not including Cell Press)
Place of Publication:	Oxford
Date:	2002
Volume:	23
Number:	4
ISSN:	0261-5177
Identifiers:	Number Type 10.1016/S0261-5177(01)00094-2 DOI
Rights:	Copyright © 2002 Elsevier Science Ltd. All rights reserved
Divisions:	Schools > Nottingham Business School
Record created by:	EPrints Services
Date Added:	09 Oct 2015 10:33
Last Modified:	23 Aug 2016 09:10
URI:	https://irep.ntu.ac.uk/id/eprint/14603

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