A protocol for reviewing hotel anchored Public Private Partnerships
| Autor: | Jan A. deRoos, Robert R. Nelson |
|---|---|
| Rok vydání: | 2017 |
| Předmět: |
Jurisdiction
Scope (project management) business.industry media_common.quotation_subject 05 social sciences Subsidy Public administration Public relations Power (social and political) Public–private partnership Negotiation Politics State (polity) Tourism Leisure and Hospitality Management 0502 economics and business 050211 marketing business 050212 sport leisure & tourism media_common |
| Zdroj: | Journal of Convention & Event Tourism. 19:83-98 |
| ISSN: | 1547-0156 1547-0148 |
| Popis: | This article examines public subsidies used to encourage hotel development and proposes a robust protocol for their review by authorities having jurisdiction. The article begins by examining the size and scope of Public Private Partnerships to encourage hotel development in the United States, and with a discussion of the rationale for and against the subsidies. It goes on to provide an overview of typical subsidy financing arrangements and presents a methodology for the evaluation of public subsidies for proposed hotels. The case is made that publicly subsidized hotels can create benefits for both private developers and sponsoring governmental units which can include local, state, and federal levels. However, there is often an asymmetry of political power and data that favors private developers over those negotiating on behalf of taxpayers (Laslo and Judd 2004, Perry 2003). The article examines typical processes used to review subsidy proposals and recognizes the challenges of overcoming the signi... |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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