Country location choices of service multinationals An empirical study of the international hotel sector

摘要

This article examines international country location choices for equity investment undertaken by global hotel chains. Why do certain host countries attract more hotel investment than others? A second underlying issue that we tackle in this article is whether the traditional foreign direct investment determinants used in past studies on manufacturing also apply to services-or whether service sector-specific determinants are better explanatory variables for understanding the distribution of service foreign direct investment across countries.