TY  - BOOK
AU  - Hidalgo,Alberto
TI  - Your Room is Ready: Tourism and Urban Revival
T2  - Estudios sobre la Economía Española
PY  - 2024///
CY  - [Madrid]
PB  -  : Fedea
KW  - Industria hotelera
KW  - Turismo
KW  - Plan de urbanismo
KW  - Desarrollo económico
KW  - España
N1  - En la cubierta: Febrero 2024; Bibliografía: p. 31-36
N2  - 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
UR  - https://mpr.koha.es/cgi-bin/koha/opac-retrieve-file.pl?id=e897d8e001087bdfbb0608248fdb8e34
ER  -