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Culinary Tourism: Made in Italy Food and Real Estate Finance for the Creation of a Culinary Theme Park

Received: 18 December 2014     Accepted: 25 December 2014     Published: 23 January 2015
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Abstract

There are numerous studies and research on tourism as well as specifically on culinary tourism, all aimed at understanding their characteristics and how to develop them into a source of growth for the country. The special features of the new culinary theme park (F.I.C.O.) render it innovative. It is not only a project that has never been seen before, but one that was able to profit by the many competitive advantages offered by the country, such as general tourism, Made in Italy food, and the driving force of a prosperous agribusiness sector. Managed by Eataly, a globally established enterprise, F.I.C.O., aims to become the largest centre in the world for the celebration of Italian agribusiness. Innovation is even found in the way that the project is organised and how it obtains its necessary funds, which are collected through a Real Estate Finance project. Its attractiveness is lastly tested through a random sample of interviews that allowed for feedback by the use of a statistical method, a practical and concrete result of a previous general analysis as well as a statistical summary of the typical behaviour of consumers and travellers.

Published in Journal of Investment and Management (Volume 4, Issue 1-1)

This article belongs to the Special Issue Attractiveness and Governance of Tourist Destinations

DOI 10.11648/j.jim.s.2015040101.17
Page(s) 51-57
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2015. Published by Science Publishing Group

Keywords

Tourism, Culinary, Real Estate Finance, Attractiveness and Competitiveness

References
[1] World Travel & Tourism Council, Travel & Tourism, Economic Impact 2014, Italy, p.1-2.
[2] Larry D., Chulwon K., Destination Competitiveness: A Model and Determinants.
[3] National Touristic Researches Isitute, Indagine sul Turismo Organizzato Internazionale, June 2013, p. 27-29.
[4] Frank M.G., Govers R., Integrated quality management for tourist destinations: a European perspective on achieving competitiveness, 2013.
[5] Cracolicia M.F.,Nijkampb P., The attractiveness and competitiveness of tourist destinations: A study of Southern Italian region, 2012.
[6] Yangzhou Hu, J.R. Brent Ritchie, Measuring Destination Attractiveness: A Contextual Approach, 2013.
[7] Muliere A.,l’importanza del turismo per l’economia di una destinazione, part ofMarketing of tourism.
[8] L’importanza del settore turistico nell’economia italiana, 28th November 2003 article by Legambiente.
[9] Workshops and Conferences, Il turismo internazionale in Italia: dati e risultati, Bank of Italy, March 2013, p-30-35.
[10] Ignatov e Smith, “Demand-side patterns” refers to studies of various aspects of visitor behaviour, 2006, p.238.
[11] Pistore C., Promuovere i prodotti locali: un modello strutturale per interpretare il behavioral intention, 2010, p. 9-15.
[12] Oberservatory of tourism, Indagine sui comportamenti turistici degli italiani, 2013.
[13] Razaq Raj,Kevin Griffin,Nigel D. Morpeth, Cultural Tourism, CABI, 2013.
[14] Regional Observatory of Tourism, L’enogastronomia come fattore di sviluppo turistico in Emilia Romagna, Programma 2011, p. 4-8.
[15] www.expo2015.org
[16] Pistore C., Promuovere i prodotti locali: un modello strutturale per intrepretare il behavioral intention, 2010, p. 9-15.
[17] Mason M. C., Paggiaro A., L’importanza del festivalscape: il caso degli eventi enogastronomici, Proceedings of 8th International Conference Marketing Trends, PARIGI, 2008.
[18] Falzea A.,Grossi P.,Cheli E., Costi R.,Enciclopedia del diritto. Annali, Volume 2.
[19] Il project financing per la realizzazione di opere pubbliche, made by the project ANCI-POSTIT with the collaboration of CRESME Ricerche S.p.A.; ImmoConsulting SpA – Gruppo Aareal Bank AG; Università Bocconi.
[20] P.K.Nevitt, Project Financing, 2013.
[21] www.caab.it
[22] May 2013, inaugurazione più grande impianto fotovoltaico su tetto d’Europa, 43.750 solar panels in total for a surface of 100.000 square meters and 22,5 million in investments.
[23] Online company profile: www.preliossgr.com.
Cite This Article
  • APA Style

    Carlo Felice Maggi, Michela Avataneo. (2015). Culinary Tourism: Made in Italy Food and Real Estate Finance for the Creation of a Culinary Theme Park. Journal of Investment and Management, 4(1-1), 51-57. https://doi.org/10.11648/j.jim.s.2015040101.17

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    ACS Style

    Carlo Felice Maggi; Michela Avataneo. Culinary Tourism: Made in Italy Food and Real Estate Finance for the Creation of a Culinary Theme Park. J. Invest. Manag. 2015, 4(1-1), 51-57. doi: 10.11648/j.jim.s.2015040101.17

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    AMA Style

    Carlo Felice Maggi, Michela Avataneo. Culinary Tourism: Made in Italy Food and Real Estate Finance for the Creation of a Culinary Theme Park. J Invest Manag. 2015;4(1-1):51-57. doi: 10.11648/j.jim.s.2015040101.17

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  • @article{10.11648/j.jim.s.2015040101.17,
      author = {Carlo Felice Maggi and Michela Avataneo},
      title = {Culinary Tourism: Made in Italy Food and Real Estate Finance for the Creation of a Culinary Theme Park},
      journal = {Journal of Investment and Management},
      volume = {4},
      number = {1-1},
      pages = {51-57},
      doi = {10.11648/j.jim.s.2015040101.17},
      url = {https://doi.org/10.11648/j.jim.s.2015040101.17},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jim.s.2015040101.17},
      abstract = {There are numerous studies and research on tourism as well as specifically on culinary tourism, all aimed at understanding their characteristics and how to develop them into a source of growth for the country. The special features of the new culinary theme park (F.I.C.O.) render it innovative. It is not only a project that has never been seen before, but one that was able to profit by the many competitive advantages offered by the country, such as general tourism, Made in Italy food, and the driving force of a prosperous agribusiness sector. Managed by Eataly, a globally established enterprise, F.I.C.O., aims to become the largest centre in the world for the celebration of Italian agribusiness. Innovation is even found in the way that the project is organised and how it obtains its necessary funds, which are collected through a Real Estate Finance project. Its attractiveness is lastly tested through a random sample of interviews that allowed for feedback by the use of a statistical method, a practical and concrete result of a previous general analysis as well as a statistical summary of the typical behaviour of consumers and travellers.},
     year = {2015}
    }
    

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Author Information
  • Dept. of Management, University of Turin, Turin, Italy

  • Graduate in “Economia e Direzione Delle Imprese”, University of Turin, Turin, Italy

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