In this paper we empirically analyze the phenomena of indebtedness of the main companies belonging to the Spanish hotel industry. In particular, we introduce a method to analyze the structure and dynamics of the largest companies in this sector. The method combines the Pearson correlation...

In a recent work, Ivanov and Webster (2007) present a methodology for measuring the contribution of tourism to economic growth and apply this methodology to the cases of Cyprus, Greece and Spain. The method uses the growth of real GDP per capita as a measure of economic growth and disaggregates...

Purpose – This paper aims provides an empirical analysis of the development of the internationalisation process in the Spanish hotel industry, which has experienced major changes during the past decade. The degree of internationalisation between 2000 and 2010 is used as a proxy variable with...