Agglomerations around natural resources in the hospitality industryBalancing growth with the sustainable development goals

  1. Juan Alberto Aragón-Correa 1
  2. José Manuel de la Torre-Ruiz 1
  3. María Dolores Vidal-Salazar 1
  1. 1 University of Granada, Granada, Spain
Revista:
Business Research Quarterly

ISSN: 2340-9444 2340-9436

Año de publicación: 2023

Volumen: 26

Número: 1

Páginas: 11-26

Tipo: Artículo

DOI: 10.1177/23409444221103283 DIALNET GOOGLE SCHOLAR lock_openAcceso abierto editor

Otras publicaciones en: Business Research Quarterly

Resumen

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).

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