The Lodging Business in New England: Operations, Investment and Labor in a Highly Seasonal Industry

摘要

The major purpose of the study is to determine what factors influence shifts in capital investment and labor force composition in the industry. The study is based substantially on information gathered through interviews of a sample of hotel-motel owners and operaters, trade unionists, and financial institution. The study focuses on demand, the nature of production and profitability, industrial structure and organization, and private investment and government support. The impact of seasonality is examined. The issues of employment stability and career mobility in different market segments are highlighted. The study concludes by a discussion of how industrial characteristics relate to economic development objectives.