Location factors for budget, medium standard and luxury hotels based on the example of hotels operating in Poland

The aim of this article is to indicate the most important factors determining the location of newly built hotels in Poland in 2000–2009, belonging to different groups in the hotel categorization system. We use a two-stage empirical study. The main statistical method applied is stepwise logistic regression with the backward elimination of regressors. The results of the study indicate clearly that there are differences between the location factors for hotels according to their standard. The factors determining the location of budget hotels differ from those influencing the group of medium standard and luxury hotels. The results contribute to a better understanding of the motives of investors when selecting a location and may have implications for economic policies, since they can focus the attention of local and regional authorities on important determinants of attractiveness to local investment.