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A multicriteria-optimization model for cultural heritage renovation projects and public-private partnerships in the hospitality industry

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  • Madjid Tavana
  • Abdolreza Azadmanesh
  • Arash Khalili Nasr
  • Hassan Mina

Abstract

The tourism and hospitality industry significantly impacts socio-economic development and cultural growth in developing countries. This study develops an integrated multicriteria decision-making and optimization model for partner selection in public-private partnership (PPP) projects in the hospitality industry. The proposed model uses a weighted influence non-linear gauge system to evaluate the partners. A multi-objective optimization model is then utilized to select a partner for each PPP project using a linear programming metric solution approach. A case study demonstrates the applicability of the proposed model in a PPP project in Iran to renovate and convert historic houses into hotels for the hospitality industry.

Suggested Citation

  • Madjid Tavana & Abdolreza Azadmanesh & Arash Khalili Nasr & Hassan Mina, 2022. "A multicriteria-optimization model for cultural heritage renovation projects and public-private partnerships in the hospitality industry," Current Issues in Tourism, Taylor & Francis Journals, vol. 25(22), pages 3709-3734, November.
    • Handle: RePEc:taf:rcitxx:v:25:y:2022:i:22:p:3709-3734
    DOI: 10.1080/13683500.2021.2015299
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    Cited by:

    1. Sahba Tavakoli & Ege Uluca Tumer, 2024. "Authenticity- and Sustainability-Based Failure Prevention in the Post-Conservation Life of Reused Historic Houses as Tourist Accommodations: Award-Winning Projects from Isfahan City," Sustainability, MDPI, vol. 16(16), pages 1-31, August.

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