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The Nature of the Golf Complex as a Tourism Business Model

Author

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  • Dimitar Kolev

    (University of Economics - Varna, Varna, Bulgaria)

Abstract

Governments and tourist boards around the world have recognized the importance of golf travel and the great potential it has to generate sustainable growth ,high revenue and low negative tourism impact. Golf has been used to change the image of a destination, increase 5 star hotel room sales, attract meetings & incentive events, generate real estate sales, draw inward investment, improve environmental sustainability, enhance water conservation and create leisure and sporting opportunities for all areas of the hospitality industry. To achieve all this suitable business model for the golf complex is essential. The aim of this article is to establish the parameters of the business model, which will help ensure that development of golf complex will be economically viable and sustainable.

Suggested Citation

  • Dimitar Kolev, 2022. "The Nature of the Golf Complex as a Tourism Business Model," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 11(1), pages 93-101, April.
    • Handle: RePEc:vra:journl:v:11:y:2022:i:1:p:93-101
    as

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    File URL: http://su-varna.org/journal/IJUSV-ESS/2022.11.1/93-101.pdf
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    References listed on IDEAS

    as
    1. Huimin Song & Jamie M Chen & Yibin Chen, 2021. "Mediating and moderating effects in golf tourism: Evidence from Hainan Island," Tourism Economics, , vol. 27(3), pages 510-526, May.
    2. Morris, Michael & Schindehutte, Minet & Allen, Jeffrey, 2005. "The entrepreneur's business model: toward a unified perspective," Journal of Business Research, Elsevier, vol. 58(6), pages 726-735, June.
    3. Antónia Correia & Carlos Pestana Barros & António Luís Silvestre, 2007. "Golf Tourism Repeat Choice Behaviour in the Algarve: A Mixed Logit Approach," Tourism Economics, , vol. 13(1), pages 111-127, March.
    4. Henry Chesbrough & Richard S. Rosenbloom, 2002. "The role of the business model in capturing value from innovation: evidence from Xerox Corporation's technology spin-off companies," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 11(3), pages 529-555, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    business model; golf complex; golf travel; components; tourism; golf course;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

    Statistics

    Access and download statistics

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