Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/327009 
Year of Publication: 
2023
Citation: 
[Journal:] BRQ Business Research Quarterly [ISSN:] 2340-9444 [Volume:] 26 [Issue:] 1 [Year:] 2023 [Pages:] 11-26
Publisher: 
Sage Publishing, London
Abstract: 
Many tourism agglomerations are situated near natural resources, which implies a need to balance business growth with environmental preservation. Our analysis of the location decisions of 295 luxury beach hotels in Spain between 1960 and 2015 reveals two main findings. First, we confirm the positive relationship between the existence of demand-related urbanization services around natural resources and the attractiveness of agglomerations to new entrants. Second, we find that an agglomeration's attractiveness negatively affects the density of firms in the agglomeration if that attractiveness hinders firms' access to the same natural resources. Our results contribute to the strategy literature on agglomerations and provide a better understanding of how the tourism industry can work toward achieving the sustainable development goals (SDGs).
Subjects: 
agglomeration
hospitality industry
Natural environment
sustainable development goals
sustainable growth
JEL: 
L83
M13
M14
Q50
Q26
R30
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

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