Final answer:
The clustering of hotels and restaurants near airports is best explained by agglomeration, which refers to the concentration of economic activity in a specific area and brings various benefits to businesses.
Step-by-step explanation:
The clustering of hotels and restaurants near airports is best explained by agglomeration. Agglomeration refers to the concentration of economic activity in a specific geographic area, which leads to various benefits such as economies of scale, knowledge spillovers, and increased market access. In this case, the proximity to airports provides hotels and restaurants with a strategic advantage in serving travelers and visitors.
Learn more about Agglomeration