Location of Hotel Groups’ Headquarters

Revista Turismo & Desenvolvimento, 27/28, 653-665

13 Pages Posted: 9 May 2017 Last revised: 22 Jan 2018

See all articles by Stanislav Hristov Ivanov

Stanislav Hristov Ivanov

Varna University of Management (VUM); Zangador

Maya G. Ivanova

Zangador Ltd.; Varna University of Management (VUM)

Date Written: May 6, 2017

Abstract

The paper assesses the factors that influence the location of hotel groups’ headquarters. The concentration of headquarters in a particular country is modelled by three different variables: share of Hotels 325 ranked hotel groups headquartered in the country, share of hotels in Hotels 325 ranked groups headquartered in the country and share of rooms in Hotels 325 ranked hotel groups headquartered in the country. Three groups of factors are assessed: hotel industry-specific factors (size of the hotel industry, average capacity and share of affiliated hotels in the local hotel industry), tourism-specific factors (size and importance of tourism industry, destination’s competitiveness) and the general business environment (GDP, GDP per capita, population size, levels of globalisation, human development, and corruption). The sample includes 116 countries. Findings reveal that highest concentration of hotel groups’ headquarters is in countries with large hotel industries, high share of affiliated properties, high tourism competitiveness index and in the USA. Tourism policy implication, limitations and future research directions are also discussed.

Keywords: Hotel Groups, Hotel Chains, Location of Headquarters, Hotels 325

Suggested Citation

Ivanov, Stanislav Hristov and Ivanova, Maya G., Location of Hotel Groups’ Headquarters (May 6, 2017). Revista Turismo & Desenvolvimento, 27/28, 653-665. Available at SSRN: https://ssrn.com/abstract=2964313

Stanislav Hristov Ivanov (Contact Author)

Varna University of Management (VUM) ( email )

13 Oborishte Street
Varna, 9000
Bulgaria
+359 898 680713 (Phone)

HOME PAGE: http://www.vumk.eu

Zangador ( email )

Varna, 9010
Bulgaria

HOME PAGE: http://www.zangador.eu

Maya G. Ivanova

Zangador Ltd. ( email )

Varna, 9010
Bulgaria

Varna University of Management (VUM) ( email )

13A Oborishte Street
Varna, 9000
Bulgaria

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