As developing countries make the transition to market-based economies, one of the first major capital investments is in 'Western-quality' hotels.Explain why the establishment of brand-name hotel accommodation is a critical step in attracting foreign investment.

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The Answer of As developing countries make the transition to market-based economies, one of the first major capital investments is in 'Western-quality' hotels.Explain why the establishment of brand-name hotel accommodation is a critical step in attracting foreign investment.

As Developing Countries Make the Transition to Market-Based Economies, One