%0 Journal Article
%T Location Factors of Foreign and Domestic Investors in Hospitality Industry in Poland
%A Puciato, Daniel
%A Gawlik, Agnieszka
%A Goranczewski, Boleslaw
%J International Journal of Contemporary Management
%V 2016
%R 10.4467/24498939IJCM.16.023.6704
%N Issue 15(4)
%P 31-55
%K Poland, hotel, location, origin of capital, FDI (foreign direct investments), location factors
%@ 2449-8920
%D 2017
%U https://ejournals.eu/en/journal/international-journal-of-contemporary-management/article/location-factors-of-foreign-and-domestic-investors-in-hospitality-industry-in-poland
%X 
	Background. The choice of location of a hotel is one of the most important decisions taken at the pre-investment stage. Through the impact on the costs and revenues, it affects the hotel’s profitability and other indicators of economic efficiency. 

	Research aims. The aim of the paper is an attempt to determine the most important location factors of foreign and domestic investors, to determine the motives of their choice. 

	Methodology. In this paper a deduction method diagnostic survey and statistical methods were used. The spatial scope of the survey comprised three provinces: Lower Silesia, Opole and Silesia, while the time covered the years 2000–2009. 

	Key findings. The analysis of results has shown that the most important factors for locations of hotels financed from national and foreign capital may differ. In the case of hotels with national origin of capital these factors include investment incentives planning and administrative investment incentives, intensification of competition, supply of tourist services in gastronomy, arts, and entertainment, as well as the availability of investment land. In contrast, in case of hotels with foreign and mixed capital the degree of the economy internationalisation and the urbanisation turned out to be statistically significant location factors.