Portugal’s hospitality and leisure sector is not only a testament to the nation’s warm welcome, but also a strategic business venture for investors. The combination of diverse accommodation options, strategic location, and a commitment to sustainable tourism positions Portugal as a business haven in the European market. As the country continues to evolve, savvy investors have the chance to be part of a dynamic industry that promises both financial success and the satisfaction of contributing to Portugal’s growing reputation as a premier destination for business and leisure alike. Over this 60-page Sector Insights publication, we talk to the sector’s leading figures to find out where the best opportunities lie, as well as analyze recent developments in MICE tourism, golf tourism, and more over a series of articles and infographics.
What is the state of real estate in Portugal? A decade ago, the country put in place attractive fiscal advantages like the Golden Visa and non-habitual residency agreements to attract foreign cash. This enhanced an in-vestment proposal that was already tricky to match within Europe—A warm-climate European capital with an oceanfront offers an unbeatable lifestyle package. Other incentives also drove the Portugal brand as a market and, in conjunction, as a tourist destination. But in 2023, government rhetoric began to stir, with programs like António Costa’s Mais Habitação, a program to increase access to affordable homes in the wake of soaring real estate prices. The program has met with fierce criticism, however, as has the canceling of the Golden Visa program. It is against this backdrop that research for this 50-page Sector Insights report began. It features a range of interviews, news, articles, and analysis from across the real estate and construction sector.
Companies compete to gain public notoriety every day and use creativity and innovation to get ahead of their competition. In oversaturated industries, such as the tourism sector, smart strategies and global network capabilities must be adopted and improved in order to increase competitiveness. Multilevel Approach to Competitiveness in the Global Tourism Industry contains crucial reference material that discusses new intelligent practices to increase business competitiveness in the tourism sector. Featuring research on topics such as networking, artificial intelligence, and regional competitiveness, this book is ideally designed for program directors, event coordinators, tour developers, hotel managers, restaurateurs, travel agents, policymakers, academics, researchers, advanced students, entrepreneurs, government officials, and professionals in the tourism and hospitality industry.
One of the leading texts in the field, The Economics of Recreation, Leisure and Tourism is the ideal introduction to the fundamentals of economics in these industries, helping you to enjoy and pass an economics module as part of tourism, recreation, events or sport management degrees. International in its outlook, it will equip you with vital skills and knowledge for your future career as well as critical skills to help you understand and help tackle crucial challenges facing the world. It is written in a clear and engaging style that assumes no prior knowledge of economics. It applies economic theory to a range of tourism industry issues at the consumer, business, national and international level by using topical examples to give the theory real-world context. This book is richly illustrated with diagrams and contains a range of features such as international case studies showcasing current issues, review questions and extracts from journals to aid understanding and further knowledge, as well as new data and statistics. It concludes with a powerful critique of traditional economics and a set of twenty-one issues that demand action. This sixth edition has been revised and updated to include: recent and time series international economic data to provide a sense of the dynamics of world economies topical analysis to aid decision making for industry, governments and pressure groups a renewed emphasis on environmental and climate change issues new and revised international case studies that demonstrate theoretical principles of economics as applied to the sector a companion website with PowerPoint slides.
Understanding the global hotel business is not possible without paying specific attention to hotel chain management and dynamics. Chains are big business, approximately 80 percent of hotels currently being constructed around the world are chain affiliated and, in 2014, the five largest brands held over a one million rooms. The high economic importance of the hotel chains and their global presence justifies the academic research in the field however, despite this, there is no uniform coverage in the current body of literature. This Handbook aids in filling the gap by exploring and critically evaluates the debates, issues and controversies of all aspects of hotel chains from their nature, fundamentals of existence and operation, expansion, strategic and operational aspects of their activities and geographical presence. It brings together leading specialists from range of disciplinary backgrounds and regions to provide state-of-the-art theoretical reflection and empirical research on current issues and future debates. Each of the five inter-related section explores and evaluates issues that are of extreme importance to hotel chain management, focusing on theoretical issues, the expansion of hotel chains, strategic and operational issues, the view point of the individual affiliated hotel and finally the current and future debates in the theory and practice of hotel chain management arising from globalisation, demographic trends, sustainability, and new technology development. It provides an invaluable resource for all those with an interest in hotel management, hospitality, tourism and business encouraging dialogue across disciplinary boundaries and areas of study. This is essential reading for students, researchers and academics of Hospitality as well as those of Tourism, Marketing, Business and Events Management.
This nineteenth annual volume of Advances in Hospitality and Leisure includes full papers and research notes. Articles involve a quantitative or qualitative approach along with conceptual models.
These proceedings represent the work of contributors to the 7th International Conference on Tourism Research (ICTR 2024), hosted by the Centre for Tourism Research in Africa at the Cape Town Hotel School, Cape Peninsula University of Technology, South Africa on 18-19 March 2024. The Conference Chair is Prof Rishi Balkaran and the Programme Chair is Dr Chris Hattingh, both from Cape Peninsula University of Technology (CPUT), South Africa. ICTR is a well-established event on the academic research calendar and now in its 7th year the key aim remains the opportunity for participants to share ideas and meet the people who hold them. The scope of papers will ensure an interesting two days. The subjects covered illustrate the wide range of topics that fall into this important and ever-growing area of research. Today, more than ever, there is a need for research and scientific guidance as the tourist sector struggles to cope with the consequences of the Covid-19 pandemic, inflation, socio-political turbulences, climate change and disaster risk.
The tourism industry faces a pressing challenge - balancing economic growth with environmental preservation and social responsibility. Traditional tourism models often lead to environmental degradation, cultural homogenization, and economic disparities. Local communities are marginalized, and natural resources are depleted, threatening the industry's long-term sustainability. Moreover, the COVID-19 pandemic has highlighted the industry's vulnerability to external shocks, emphasizing the need for resilient and sustainable practices. Dimensions of Regenerative Practices in Tourism and Hospitality offers a comprehensive solution to these challenges. The book provides practical guidelines for businesses and practitioners to adopt regenerative practices effectively by showcasing innovative and sustainable initiatives. It explores the role of local communities in shaping and benefiting from sustainable tourism, emphasizing the importance of collaboration among stakeholders. Additionally, the book evaluates the environmental impact of different approaches within the industry and promotes ethical behavior, encouraging fair treatment of employees, communities, and cultural heritage.
