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The Possibilities Of Practical Implementation Of Regression Analysis In Location Choice

Author

Listed:
  • Marija Andjelkoviæ PEŠIÆ
  • Vesna Jankoviæ-MILIÆ

    (University of Niš, Faculty of Economics, Serbia)

Abstract

“Location, location, location” is a well worn catch phrase of the real estate industry. Invest in a property in the right location and watch your investment soar in value. The same catch cry may or may not hold true for the restaurant (hotel) industry, open a restaurant in the right location and are you on the way to become a winner? The question is: Did the best locations for a restaurant (hotel) automatically mean that the restaurant (hotel) is profitable? The intention of this paper is to show if there is positive correlation between the best location and restaurant’s (hotel’s) profitability.

Suggested Citation

  • Marija Andjelkoviæ PEŠIÆ & Vesna Jankoviæ-MILIÆ, 2008. "The Possibilities Of Practical Implementation Of Regression Analysis In Location Choice," Revista de turism - studii si cercetari in turism / Journal of tourism - studies and research in tourism, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration - Economy, Business Administration and Tourism Department., vol. 5(5), pages 5-8, June.
    • Handle: RePEc:scm:rdtusv:v:5:y:2008:i:5:p:5-8
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