Current State and Forecast of Multinational Companies Development in International Tourist Business
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.