Affiliation:
1. Professor of Regional and Urban Policy
2. Professor of Urban and Regional Economics
3. Msc. Economics & Finance. School of Economics and Business . University of Navarra , Pamplona , Spain
Abstract
Abstract
This article explores the intersection between Frank Gehry’s iconic Hotel Marqués de Riscal (MdR) and the Marques de Riscal winery, investigating their causal relationship with the surge in wine tourism. Using Google Trends data and empirical research, it establishes the influential role of the MdR Hotel in driving positive impacts on the winery and the local economy. Findings highlight: (1) the hotel’s symbolic signaling elevates the winery’s reputation globally, (2) repositioning efforts lead to increased economic returns and profitability, and (3) the transformational MdR Hotel attracts visitors, generating new economic activity and job opportunities in the Rioja region. Insights into the transformative effects of the iconic MdR Hotel on the winery and the local economy are provided.
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