Modern and contemporary tourism real estate and infrastructures are key success factors. Construction, operation and maintenance processes are cost-intensive and are becoming ever more expensive in light of increased demands. At the same time, securing financing with public and private funds is becoming more difficult. This applies especially to commercial accommodation in Alpine regions. A prime example here is the hotel industry, which is coming under increasing pressure due to the second home initiative, the associated crackdown on cross-subsidisation for hotel buildings and the success of new competitors (e.g. AirBnB). Tourism transport companies are also being particularly hit. Research conducted into the Management of Tourism Real Estate and Infrastructures looks at issues relating to the conception of contemporary real estate and infrastructures (e.g. hotels and holiday villages) as well as leisure facilities, their financing – be this with conservative or modern financing instruments (e.g. crowdfunding) – and their operation. Specifically, the consequences of the second home initiative are being investigated, key figures are being collected and innovative solutions for the use of second homes are being developed. The ITF is also looking at the division and segregation of tasks between the private and public sectors as well as cooperation models (PPP).
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