Верхнее меню

CURRENT STATE AND FORECAST OF MULTINATIONAL COMPANIES DEVELOPMENT IN INTERNATIONAL TOURIST BUSINESS



K.B. Kostin
kost_kos@mail.ru
senior lecturer at the Department of World Economy and International Economic Relations of St. Petersburg State University of Economics, PhD in Engineering, associate professor
St. Petersburg

Keywords:

  • tourist business
  • dynamics of tourism development
  • multinational corporations
  • global travel and hospitality industry
  • global tourism market
  • international hotel chains
  • We analyze the current state of the global travel and hospitality business. We offer the official data concerning the dynamics of global travel and hospitality industry development over the recent years. The factors influencing the development of multinational corporations are distinguished. The advantages of integrating small travel and hospitality businesses into multinational tourism and hospitality corporations are analyzed. Further opportunities and perspectives of multinational corporations in the global travel and hospitality industry are discussed.

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