The socio-economic impact of built heritage projects conducted by private investors

A cultural hospitality framework for heritage accommodations

“…Wheeler (2014) further reports that today's travelers desire a sense of place, a culturally enriching and integrated experience, and hotels all over the world are embracing the idea of 'urbanized branded hotels' to cater to their guests' needs and wants for cultural immersion. Similar demand is reported by other scholars (Chang, 1997;Chhabra, 2010;Murzyn-Kupisz, 2013).…”

“…They are transformed into heritage accommodations so that they can generate important economic and cultural benefits (Murzyn-Kupisz, 2013). According to Grefe (2004, p. 307), the heritage qualities of built heritage are determined by the attitudes of the local community, their knowledge of its value, and commercial prospects and the extent to which their 'agricultural, craft, and entrepreneurship skills' can be tapped and financial benefits enhanced.…”

“…Such built heritage-oriented settings significantly facilitate local and regional development in that they expand the heritage tourism offerings of local regions (Chhabra, 2010;Dinçer & Ertuğral, 2003;Murzyn-Kupisz, 2013). According to Murzyn-Kupisz (2013, p. 157), factors decisive to the positive impact of heritage-related projects and activities (such as restoration of historic buildings and provision of hotel services in them) on local development include their long-term orientation and stability; the involvement of the local community both in the provision of tourism services and in exploitation of heritage for other purposes; the capacity of a given area to produce ancillary goods and services; and the links and dependencies between different local-heritage-related activities".…”

Economic sustainability of heritage conservation in Hong Kong: The impact of heritage buildings on adjacent property prices

“…Moreover, such cluster is further sustained by the increase in tourism flows, employment, and business activities. On the other hand, Murzyn‐Kupisz () investigates the socio‐economic impact of built heritage projects conducted by private investors. The study shows that there is a strong and positive socio‐economic influence on local and regional development processes when a cluster of similar projects develops within a small area that is richly endowed with a specific type of heritage (Murzyn‐Kupisz, ).…”

The social aspects of rural, mountainous built environment. Key elements of a regional policy planning

“…Residents and visitors of a place are among the most important stakeholders regarding the management of the local built environment. Residents' and visitors' choices and attitudes towards built heritage play decisive role in development policy making [6]. As Lourenco-Gomes et al [7] mention, cultural heritage's valuation is justified because heritage represents an important cultural attraction and certain policy decisions need to be made.…”