Projections for Tourism Investments in Karaman Province

Mete Sezgin,Murat Gumus,Semih Buyukipekci

doi:10.5539/ijbm.v9n2p212

Mete Sezgin, Murat Gumus + Show 1 more

Open Access

https://doi.org/10.5539/ijbm.v9n2p212

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Abstract

Touristic investments play an important role in marketing the tourism in Karaman province. The main reason whythis study is conducted in this region with a high tourism potential is that Karaman province does not have atourism investment guide prepared so far. Our projections will serve for this purpose. In this study, touristicfunction ratio, hotel management function ratio, product-market analysis, perception map throughmulti-dimensional scaling method and TOPSIS method have been used.

Highlights

Multi-dimensional studies are required to attract more tourists, to make more investments and to market them in Karaman
The main reason of this study is that Karaman province does not have a tourism investment guide prepared so far
Touristic function ratio (it refers to the relation between total accommodation potential in a certain location (T) to serve for tourists and the local population), hotel management function ratio (only calculated for tourists and defined as Tf (H), product-market analysis, multi-dimensional scaling method, TOPSIS method (Technique for Order Preference by Similarity to Ideal Solution–making a rating system for appropriate tourism facilities) are utilized

Summary

Introduction

Multi-dimensional studies are required to attract more tourists, to make more investments and to market them in Karaman. Three main conditions are needed as a tourist attraction in the first place: they are tourism managements, accessibility and attraction. Making research on developing capacity in the regions with high potential of tourism will contribute to increase income and employment for the current and future investors. The main reason of this study is that Karaman province does not have a tourism investment guide prepared so far. When investors wish to make an investment, they are unable to reach sufficient date and do not know about what advantages they will have in tourism area as entrepreneurs. The importance and need of this project is clearly seen when calculating the amounts of investments needed in certain areas besides describing their approximate investment capital by determining the tourism capacity of Karaman province

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