A while ago I wrote a short piece on why there are no integrated resorts in Europe, to date. That article focussed on the problems with financing. This article will take a look at the political and administrative dimension in developing large-scale projects.
On the political and administrative dimension, the reason for the absence of integrated resorts is quite obvious: it is very, very difficult to get permission to build them. With so many component parts that have to be achieved to enable a resort, it is a wonder that any have been built at all, anywhere in the world.[continue reading]