The relationship between weather and tourism demand has been widely investigated for different locations and for different seasons. Although weather and climate conditions are widely seen as an important factor for tourism, relative little is known about their effects over a longer time period....

The empirical analysis of firm growth is a classical field in industrial economics. Insights into the determinants of firm growth are particularly interesting for mature markets. A typical example of a mature market is the lodging industry in high-income countries, characterised by a high degree...