'Buying' into the waterfront dream? Trajectories of luxury property led developments in Malta

Speake, Janet and Kennedy, Victoria (2018) 'Buying' into the waterfront dream? Trajectories of luxury property led developments in Malta. Tourism Management, 71. pp. 246-258. ISSN 0261-5177

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This paper explores the under-researched intersections between the trajectories of luxury waterfront property-led development and changing contemporary tourism product supply and offer. A case study approach is used and positioned within the context of mediatised, financialised neoliberal capitalism and interpreted through the lens of critical theory. It focuses on prestige property developments in Malta and on how tourists are being given the opportunity of ‘buying into’ the lifestyles of the affluent elite. Qualitative bricolage methods are utilised. The study argues that the adaptive reuse of luxury property by tourists is stalling potential waterfront development decline. Through conspicuous consumption and the search for status symbolism by tourists, economic resilience is strengthened. The significance of this case study is that it introduces this particular tourism property relationship as a new area of research and opens up opportunities for further conceptualisation and theoretical contexts.

Item Type: Article
Additional Information and Comments: “NOTICE: this is the author’s version of a work that was accepted for publication in Tourism Management. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Tourism Management, Volume 71, April 2019, https://doi.org/10.1016/j.tourman.2018.10.014
Faculty / Department: Faculty of Science > Geography and Environmental Science
Depositing User: Janet Speake
Date Deposited: 07 Dec 2018 10:09
Last Modified: 07 Dec 2018 10:09
URI: https://hira.hope.ac.uk/id/eprint/2474

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