FACTORS INFLUENCING THE INVESTMENT POLICY OF RESORTS ON THE BULGARIAN BLACK SEA COAST Cover Image

ФАКТОРИ ВЛИЯЕЩИ ВЪРХУ ИНВЕСТИЦИОННАТА ПОЛИТИКА НА КУРОРТИТЕ ПО БЪЛГАРСКОТО ЧЕРНОМОРИЕ
FACTORS INFLUENCING THE INVESTMENT POLICY OF RESORTS ON THE BULGARIAN BLACK SEA COAST

Author(s): Stefan Ivanov
Subject(s): Economy, Essay|Book Review |Scientific Life, Conference Report, Tourism
Published by: Икономически университет - Варна
Keywords: Tourism; Investment; Policy; Capital; Economics; Healthcare; Ecology; Urbanization; Construction
Summary/Abstract: Factors influencing the investment policy of resorts on the Bulgarian Black Sea coast are multiple. Some crucial factors are the rule of law, the amount of capital, the aids, and subventions of the state, the taxation, the infrastructure available, the planning of destinations, the workforce as qualification, skills, and knowledge, the whole culture of the service provided, the popularization of the country as an attractive touristic destination, and, maybe the most important factor, it is the urbanization potential of the resorts themselves. However, the actual situation of the sector reveals not all of these factors are well considered and exploited both by the government and by the business. The following report aims to give some recommendations on how to improve the current state of the investment policy of resorts on the Bulgarian Black Sea coast.