MARKET DEVELOPMENTS IN THE HOTEL SECTOR IN EASTERN CENTRAL EUROPE

Abstract

This paper analyses expansion strategies of international hotel operators in Eastern Central Europe (ECE) in relation to the changes in tourism supply and demand in ECE. Potential market sectors for the ECE region are explored, with the most promising for Eastern Central Europe being an emphasis on green or nature tourism, cultural tourism, the tourist business market and, finally the rejuvenation of the traditional spas and medicinal tourism of the region. Two groups of International hotel companies are identified. The majority group who are pursuing a follow-the-customer approach for the international business client in Prague, Budapest or Warsaw, and the smaller group who have expressed interest in supplying the budget and mid markets in secondary and tertiary locations.

Citation

Johnson, C. and Vanetti, M. (2005), "MARKET DEVELOPMENTS IN THE HOTEL SECTOR IN EASTERN CENTRAL EUROPE", Advances in Hospitality and Leisure (Advances in Hospitality and Leisure, Vol. 1), Emerald Group Publishing Limited, Leeds, pp. 153-175. https://doi.org/10.1016/S1745-3542(04)01010-0