Tourism and Foreign Direct Investment: Issues, Challenges and Prospects

The first volume to examine and shed significant light on the issues,challenges, and prospects presented by foreign direct investment (FDI) in tourism, particularly in light of the COVID-19 pandemic and its economic consequences. The book discusses the need to examine TFDI considering resilient tourism development approaches and includes early estimates of the damage to the tourism economy and TFDI over 2020 and beyond. It considers how the pandemic may change society, the economy, and tourism, and how key research needs to understand these changes and contribute to a more sustainable post-pandemic tourism sector. The book covers TFDI from economic, social, environmental, and regulatory perspectives, advancing understanding of its positive and negative impacts and discussing how emerging problems and wider implications can be managed more sustainably.

Format: Hardback
Length: 244 pages
Publication date: 03 March 2022
Publisher: Taylor & Francis Ltd

This groundbreaking book delves into the intricate realm of foreign direct investment (FDI) in tourism, a topic that has gained paramount importance in the wake of the COVID-19 pandemic and its far-reaching economic consequences. Recognizing the urgent need to explore the multifaceted aspects of TFDI, this comprehensive volume offers a comprehensive examination of the issues, challenges, and prospects presented by this investment phenomenon.

The book addresses the pressing requirement to examine TFDI in the context of resilient tourism development approaches, emphasizing the significance of considering the impacts of a rapidly evolving global pandemic on the tourism industry. By acknowledging that the consequences of the COVID-19 pandemic on tourism are just beginning, the book provides early estimates of the damage to the tourism economy and TFDI over the year 2020 and beyond. It delves into the potential societal, economic, and tourism transformations brought about by the pandemic and explores the critical research needs to understand these changes and contribute to the development of a more sustainable and resilient post-pandemic tourism sector.

Through a rich tapestry of chapters, this book explores TFDI from various economic, social, environmental, and regulatory perspectives. It provides a holistic understanding of the positive and negative impacts of TFDI, as well as the strategies and approaches necessary to manage emerging problems and broader implications for local economies and communities in a more sustainable manner. Moreover, the book highlights the transformative opportunities offered by TFDI in addressing key economic, social, and environmental issues.

This book is a vital resource for upper-level students and researchers in the field of tourism development, offering a comprehensive and insightful examination of the complex dynamics surrounding TFDI in the tourism industry. It sheds light on the latest trends, challenges, and opportunities, equipping readers with the knowledge and tools needed to navigate the evolving landscape of international tourism and contribute to its sustainable growth and development.

Weight: 453g
Dimension: 234 x 156 (mm)
ISBN-13: 9780367725945