Hotels, second homes and destination planning policies: a sequential game model
Valeria Posadas,
Juan Gabriel Brida,
María José Alonsopérez
Abstract:Purpose
This paper develops a theoretical model that analyzes the decision problem the landowner has to face between the construction of second homes and hotels. The starting point implies verifying that for a given tourist destination, the land available for the construction of accommodation is limited. For this reason, when choosing between building second homes or building hotels, many factors influence the decision model. The theoretical mechanism generalizes the model introduced in Brida and Boffa (2010) … Show more
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