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Location selection for the construction of a casino in the Greater London region: A triple multi-criteria approach

Author

Listed:
  • Ishizaka, Alessio
  • Nemery, Philippe
  • Lidouh, Karim
Abstract
This work presents a location selection analysis for choosing a suitable borough in the region of Greater London to construct a large casino. Currently 17 of the 26 large casinos in London are located in the borough of Westminster which is known to generate the highest revenue in tourist spending. However, in 2007 the Casino Advisory Panel (CAP) recommended the borough of Newham as the most suitable area for a new casino instead of Westminster. By taking two viewpoints into consideration (one focussed on profitability and the other on social benefits), we evaluate the alternatives using the weighted sum, the TOPSIS and the PROMETHEE methods. The results are compared to the proposals submitted to the CAP for validation. We find that the PROMETHEE and the Weighted Sum Method are more suitable than TOPSIS for solving this problem.

Suggested Citation

  • Ishizaka, Alessio & Nemery, Philippe & Lidouh, Karim, 2013. "Location selection for the construction of a casino in the Greater London region: A triple multi-criteria approach," Tourism Management, Elsevier, vol. 34(C), pages 211-220.
    • Handle: RePEc:eee:touman:v:34:y:2013:i:c:p:211-220
    DOI: 10.1016/j.tourman.2012.05.003
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    References listed on IDEAS

    as
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    Cited by:

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    2. José Ruiz-Meza & Julio Brito & Jairo R. Montoya-Torres, 2021. "Multi-Objective Fuzzy Tourist Trip Design Problem with Heterogeneous Preferences and Sustainable Itineraries," Sustainability, MDPI, vol. 13(17), pages 1-22, August.
    3. Yan, Libo & Gao, Bo Wendy & Zhang, Meng, 2017. "A mathematical model for tourism potential assessment," Tourism Management, Elsevier, vol. 63(C), pages 355-365.
    4. Chen, Li-Fei & Tsai, Chih-Tsung, 2016. "Data mining framework based on rough set theory to improve location selection decisions: A case study of a restaurant chain," Tourism Management, Elsevier, vol. 53(C), pages 197-206.
    5. Siamak Kheybari & Mohammad Reza Mehrpour & Paul Bauer & Alessio Ishizaka, 2024. "How Can Risk-Averse and Risk-Taking Approaches be Considered in a Group Multi-Criteria Decision-Making Problem?," Group Decision and Negotiation, Springer, vol. 33(4), pages 883-909, August.
    6. Bilbao-Terol, Amelia & Bilbao-Terol, Celia, 2024. "The Choquet integral supported by a hedonic approach for modelling preferences in hotel selection," Omega, Elsevier, vol. 122(C).
    7. Laurent Botti & Sylvain Petit & Linjia Zhang, 2020. "Strategic decision concerning tourist origins portfolio: A decision process based on the ELECTRE method and applied to French Polynesia," Tourism Economics, , vol. 26(5), pages 830-843, August.
    8. López, Cristina & Ishizaka, Alessio, 2019. "A hybrid FCM-AHP approach to predict impacts of offshore outsourcing location decisions on supply chain resilience," Journal of Business Research, Elsevier, vol. 103(C), pages 495-507.
    9. Edmundas Kazimieras Zavadskas & Abbas Mardani & Zenonas Turskis & Ahmad Jusoh & Khalil MD Nor, 2016. "Development of TOPSIS Method to Solve Complicated Decision-Making Problems — An Overview on Developments from 2000 to 2015," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 15(03), pages 645-682, May.
    10. Barbati, Maria & Corrente, Salvatore & Greco, Salvatore, 2020. "A general space-time model for combinatorial optimization problems (and not only)," Omega, Elsevier, vol. 96(C).
    11. Justus Haucap & Radivoje Nedic & Talha Şimşek, 2023. "Regulatory objectives vs fiscal interests: Are German casino locations motivated by beggar-thy-neighbor policy? An empirical analysis," European Journal of Law and Economics, Springer, vol. 55(2), pages 291-311, April.

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