The determinant factor for strategic sustainable location decision model (SSLDM) for commercial development project
Keywords:
strategic location, labor cost, availability investment lands, land prices environmentAbstract
Strategic location selection decisions for hotel location selection are critical as they are costly and difficult to reverse, and entail a long-term commitment. For this reason, this study proposed Strategic Sustainable Location Decision Model (SSLDM) to help the commercial development project especially hotel industry to select the most proper location for new development investment. The SSLDM framework proposed the determinants factors of labor cost, availability of investment lands and land prices. Study reveals that by introducing the factors of environment to existing model will assist strategic location decision towards sustainable and environment awareness. However, other that selected determinants, the study also investigate either the environment factor affects the strategic location selection.
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