Please use this identifier to cite or link to this item:
http://hdl.handle.net/10397/104923
DC Field | Value | Language |
---|---|---|
dc.contributor | School of Hotel and Tourism Management | en_US |
dc.creator | Tsai, H | en_US |
dc.creator | Huang, WJ | en_US |
dc.creator | Li, Y | en_US |
dc.date.accessioned | 2024-03-05T01:27:44Z | - |
dc.date.available | 2024-03-05T01:27:44Z | - |
dc.identifier.issn | 1094-1665 | en_US |
dc.identifier.uri | http://hdl.handle.net/10397/104923 | - |
dc.language.iso | en | en_US |
dc.publisher | Routledge, Taylor & Francis Group | en_US |
dc.rights | © 2015 Asia Pacific Tourism Association | en_US |
dc.rights | This is an Accepted Manuscript of an article published by Taylor & Francis in Asia Pacific Journal of Tourism Research on 03 Nov 2015 (published online), available at: http://www.tandfonline.com/10.1080/10941665.2015.1107602. | en_US |
dc.subject | Property value | en_US |
dc.subject | Theme parks | en_US |
dc.subject | Tourism real estate | en_US |
dc.subject | Tourism resources | en_US |
dc.title | The impact of tourism resources on tourism real estate value | en_US |
dc.type | Journal/Magazine Article | en_US |
dc.description.otherinformation | Title on author’s file: The Impact of Tourism Resources on Tourism Real Estate Value: Evidence from Overseas Chinese Town in Shenzhen | en_US |
dc.identifier.spage | 1114 | en_US |
dc.identifier.epage | 1125 | en_US |
dc.identifier.volume | 21 | en_US |
dc.identifier.issue | 10 | en_US |
dc.identifier.doi | 10.1080/10941665.2015.1107602 | en_US |
dcterms.abstract | Leisure and tourism facilities are known to influence property value. Previous studies have found natural resources to have a positive impact on the price of surrounding properties. More recently, scholars have turned their attention to “built” tourism resources, such as resorts and sports facilities. “Tourism real estate” emerged in China in the 1990s. Contrary to traditional housing projects, tourism real estate is characterized by the development of large-scale tourism resources (e.g. resorts and theme parks) along with residential properties, under the assumption that they would increase property value. However, the effects of such “built” tourism resources on housing value have not been empirically examined. This study investigates the determinants of tourism real estate prices, with an emphasis on the impact of theme parks. A hedonic pricing model was built using a sample of 294 real estate transactions in the Overseas Chinese Town area of Shenzhen, China. Findings indicated that while distance to metro and the architectural features of the property itself had significant positive effects on tourism real estate value, distance to theme parks was found to have a negative effect on price. As the constructions of theme parks alongside residential/vacation properties represent a typical model of tourism real estate, findings urge the industry to reconsider the development of theme parks and its impact on the surrounding environment. | en_US |
dcterms.accessRights | open access | en_US |
dcterms.bibliographicCitation | Asia Pacific journal of tourism research, 2016, v. 21, no. 10, p. 1114-1125 | en_US |
dcterms.isPartOf | Asia Pacific journal of tourism research | en_US |
dcterms.issued | 2016 | - |
dc.identifier.scopus | 2-s2.0-84946430367 | - |
dc.identifier.eissn | 1741-6507 | en_US |
dc.description.validate | 202401 bckw | en_US |
dc.description.oa | Accepted Manuscript | en_US |
dc.identifier.FolderNumber | SHTM-0977 | - |
dc.description.fundingSource | Self-funded | en_US |
dc.description.pubStatus | Published | en_US |
dc.identifier.OPUS | 6590971 | - |
dc.description.oaCategory | Green (AAM) | en_US |
Appears in Collections: | Journal/Magazine Article |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
Tsai_Impact_Tourism_Resources.pdf | Pre-Published version | 887.7 kB | Adobe PDF | View/Open |
Page views
28
Citations as of Jul 7, 2024
Downloads
21
Citations as of Jul 7, 2024
SCOPUSTM
Citations
18
Citations as of Jul 4, 2024
WEB OF SCIENCETM
Citations
12
Citations as of Jul 4, 2024
![](/image/google_scholar.jpg)
Google ScholarTM
Check
Altmetric
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.