Please tell me where you live, for if I'm not mistaken its Canada.
Foreign investment provides the country with a cash injection for further development.
Without it, many of the St. And many of those owners would not have the experience to run those hotels had they not worked in other hotels. Tourism, if well integrated into our socio-economic structure is a benefit to the country. There is no problem in allowing foreign investment if there are controls in place, and possible revenue is not allowed to float out of the country as it does.