Barriers to hotel entrepreneurshipa sector analysis
- 1 ESGHT/University of the Algarve
ISSN: 2182-8466, 2182-8458
Year of publication: 2015
Volume: 11
Issue: 2
Pages: 86-92
Type: Article
More publications in: Tourism & Management Studies
Abstract
This paper analyzes the impact of the entry barriers existing in a tourist location on the intensity in the entrepreneurial sector hotel Spanish for the period 2005-2011. In particular, we study a sample of 8,992 hotels by means of four models, namely, Poisson, Negative Binomial, Truncated Models and Logistic Regression. Variables used are related to the level of business concentration, the market size, profitability, employment, investment, employees and closures. Main results point the importance of the level of market concentration as a competitive factor influencing negatively on new ventures. Also, it should also be stressed the positive effect exerted by market size