ABSTRACT
This is the first volume to examine and shed significant light on the issues, challenges and prospects presented by foreign direct investment (FDI) in tourism – a topic of increasing relevance in light of the COVID-19 pandemic and economic consequences.
This book addresses the need to examine the TFDI phenomenon considering resilient tourism development approaches and includes discussion on impacts of a rapidly evolving global pandemic on tourism. Recognising that its impact on tourism has only just begun, the book includes early estimates of the damage to the tourism economy and TFDI over 2020 and beyond. It considers how the COVID-19 pandemic may change society, the economy, and tourism, and how some of the key research needs to understand these changes and contribute to a more sustainable post-pandemic tourism sector. Through a collection of chapters focusing on principles, practices and a diverse range of destination case studies, the book considers TFDI from the economic, social and environmental and regulatory perspectives. Thus, the book will advance understanding of the positive and negative impacts of TFDI as well as how emerging problems and wider implications for local economies and communities can be managed more sustainably, while also discussing the transformative opportunities offered by TFDI regarding key economic, social and environmental issues.
This will be essential reading for upper-level students and researchers in the field of tourism development.
TABLE OF CONTENTS
part I|8 pages
Introduction
part II|90 pages
Current Issues in Achieving Sustainable Foreign Direct Investment in Tourism
chapter 2|20 pages
Foreign Direct Investment in Tourism
chapter 3|23 pages
Local Impacts and Perceptions of Tourism Foreign Direct Investment (TFDI)
chapter 5|28 pages
Institutional Influences on National Tourism-Related Foreign Direct Investment (TFDI) Policies and Programmes
part III|134 pages
Destination Case Studies in Tourism Foreign Direct Investment
chapter 6|18 pages
Panel Analysis of FDI Determinants in Tourism Industry Revisited
chapter 8|14 pages
Foreign Direct Investment, Tourism Development, and Economic Growth
chapter 10|16 pages
Foreign Direct Investment in Nature Tourism
chapter 11|21 pages
Effect of Foreign Direct Investment in Tourism on Economic Growth
chapter 12|18 pages
Experienced ‘Realities’ of Tourism Foreign Direct Investment
part IV|7 pages
Conclusions