The role of security measures: Addressing geopolitical risk in Indian hospitality investments

Document Type

Article

Publication Title

Tourism Economics

Abstract

This study examines the impact of geopolitical risk (GPR) on corporate investments within the Indian hospitality sector. The findings indicate a significant negative relationship between GPR and corporate investment levels. Notably, even financially stable firms cannot completely offset the detrimental effects of GPR. Additionally, investment reductions during periods of heightened GPR are found to be more substantial than the increases observed during periods of reduced GPR. However, the strategic implementation of security measures can substantially mitigate the challenges associated with GPR. These insights offer valuable guidance to regulators and business leaders in emerging markets when making informed investment decisions. © The Author(s) 2025.

Publication Date

5-1-2025

Publisher

SAGE Publications

Link to Full Text
Request Access

Share

COinS