IDEAS home Printed from https://ideas.repec.org/a/awd/acectu/v8y2022i2p287-304.html
   My bibliography  Save this article

The Impact of Globalisation on International Hotel Management Development and Business Activity

Author

Listed:
  • Dino Bruža

    (Third School of Economics, Zagreb, Croatia)

Abstract

The hotel industry is the most relevant backbone of tourism growth and development, due to the totality and volume of its business activity. The increase in the complexity and volume of business activity led to the abandoning of the term hotel business and to usage of the term hotel industry. In the Republic of Croatia, tourism has the strongest impact on the entire economy, and its share in the GDP reached a record high of 18.1%. Accordingly, it is highly necessary to follow, align and implement modern standards of the hotel industry according to which business success can be assessed. To achieve this, it is important to monitor where, how much, and when to invest. For the investment to pay off, hotel management needs to keep up with all the changes in the tourism market. By following globalisation trends and developing modern hotel management at the same time, the global tourism scene today showcases global hotel chains with a complex and globalised top management, ensuring all plans are equally and successfully implemented and achieved in all hotels that are part of the chain, wherever they are in the world. This paper analyses and shows the development and condition of international hotel organisations, as well as correlation between globalisation and the hotel industry development. On this basis, we emphasise further possibilities of hotel management development on the international scene.

Suggested Citation

  • Dino Bruža, 2022. "The Impact of Globalisation on International Hotel Management Development and Business Activity," Acta Economica Et Turistica, Libertas International University, vol. 8(2), pages 287-304, December.
    • Handle: RePEc:awd:acectu:v:8:y:2022:i:2:p:287-304
    DOI: https://doi.org/10.46672/aet.8.2.7
    as

    Download full text from publisher

    File URL: https://hrcak.srce.hr/file/417283
    Download Restriction: no
    File URL: https://libkey.io/https://doi.org/10.46672/aet.8.2.7?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:awd:acectu:v:8:y:2022:i:2:p:287-304. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mario Pallua (email available below). General contact details of provider: https://www.libertas.hr/en/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.