01829nam a22002777a 4500 ES-MaBCM 20260423103303.0 260423s2024 sp |||||s|||| 00| 0 eng d ES-MaBCM Hidalgo, Alberto 131374 Your Room is Ready : Tourism and Urban Revival Alberto Hidalgo [Recurso electrónico] [Madrid] : Fedea , 2024 59 p. Estudios sobre la Economía Española 2024/03 En la cubierta: Febrero 2024 Bibliografía: p. 31-36 Tourism is an essential sector of the global economy, contributing significantly to GDP and employment. Despite its importance, our understanding of its impact on urban economic activity remains limited. This paper aims to fill this gap by examining the impact of tourism on urban transformation using a dataset of hotel openings in Madrid from 2001-2010. I show that hotel openings positively impact the number of establishments and employment by using the number of protected buildings as an instrumental variable to account for the non-random distribution of hotel openings. Interestingly, hotel openings contribute to changes in the composition of the economic activities and the business structures, enhancing tourist-oriented corporate-owned businesses over other individual owned companies. Finally, economic effects extend to the real estate market, increasing rental prices and residential investment. Industria hotelera Turismo Plan de urbanismo Desarrollo económico España 115342 https://mpr.koha.es/cgi-bin/koha/opac-retrieve-file.pl?id=e897d8e001087bdfbb0608248fdb8e34 DESCARGAR DOCUMENTO LE 232986 232986 0 0 udc 0 EN_LÍNEA 0 245483 BC BC RE 2026-04-23 D 0 En línea 2026-04-23 10:33:16 2026-04-23 LE