State intervention in hotel capital formation: the case of Greece
by G.A. Zacharatos, A. Vlami, G. Tsamos
International Journal of Tourism Policy (IJTP), Vol. 1, No. 2, 2007

Abstract: This paper attempts to view and interpret state interventionism in the development of tourism from the perspective of developing host-countries with a special emphasis on the Greek case. Particularly, tourism development in Greece provides a typical example of the general framework of the tourism policy having been followed by the majority of the European Union host-countries after World War II. The case of the financing policy in Greece as a means of forming the necessary hotel capital is related to establish its tourism product in the global market and use tourism for the development of its socio-economically depressed areas.

Online publication date: Wed, 24-Oct-2007

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