“…This confrontation of two opposing effects has been extensively analyzed by previous hospitality research, highlighting two research streams. One stream, based on agglomeration models (Yang et al, 2014), has focused on analysing whether the hotel industry tends towards agglomeration and the factors that favour this trend (Adam & Mensah, 2014;Baum & Haveman, 1997;Cró & Martins, 2018;Fang et al, 2019;Fang et al, 2021;Freedman & Kosová, 2012;Kalnins & Chung, 2004;Lee et al, 2018;Li et al, 2015;Luo & Yang, 2016;Qin et al, 2021;Urtasun & Gutiérrez, 2006;Yang et al, 2014) while another stream has analyzed the impact of hotel agglomeration on hotel economic results and the factors that unbalance the confrontation between agglomeration and competition (Balaguer & Pernías, 2013;Becerra et al, 2013;Canina et al, 2005;Chung & Kalnins, 2001;Enz et al, 2008;Kalnins, 2016;Kim et al, 2020;Lee, 2015;Lee & Jang, 2013;Lee & Jang, 2015;Li & Du, 2018;Marco-Lajara et al, 2014;Marco-Lajara et al, 2016;McCann & Vroom, 2010;Park et al, 2022;Rezvani & Rojas, 2020;Silva 2016;Tsang & Yip, 2009;Urtasun & Gutiérrez, 2017).…”