Evaluating the performance of the hotels in the vicinity of the selected world’s prominent hospitals: An empirical research project

The field of medical tourism where patient seeks medical services abroad is gaining more attention in both research and in practice. Patients (medical tourism) might also take advantage of tourist attractions of their destination and couple their medical experience with some pleasurable activities. While traveling, therefore, they have basic needs such as accommodation, and transportation services as well. Thus, this phenomenon might have some direct implications for the hotel industry as to how to serve these basic needs. Developing the hotels’ properties close to the hospital, where foreign patients prefer, appears to be promising. Thus, the study investigates the performance of the hotels nearby 12 top quality hospitals located in 10 countries known as main tourism destinations. The study confirmed that, however, just locating in a close proximity to the selected hospitals does not necessarily result in better performance, in terms of both RevPAR and Occupancy Rate moving average, comparing to other hotels sited farther away from the hospitals.