Sustainable Competitive Advantage of the International Business Tourism on the Regional Level

Natalia N. Smagina (), Magomebgabib G. Magomedov and Dmitry A. Buklanov
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Natalia N. Smagina: Don State Technical University
Magomebgabib G. Magomedov: Don State Technical University
Dmitry A. Buklanov: Don State Technical University

A chapter in Overcoming Uncertainty of Institutional Environment as a Tool of Global Crisis Management, 2017, pp 541-548 from Springer

Abstract: Abstract Business development, in accordance with the principles of sustainable development, is a challenge in this century. Sustainable development is one of the most common axioms used in the field of tourism. Although international tourism literature determines that the business world widely accepts the concept of sustainable development and corporate social responsibility (CSR), a study that links the social and financial results is limited. Practical recommendations for the tourism business activity development can be applied in the regional, national, and international business travel market. This article reveals the cooperation process between foreign private companies and the local government in organizing the development of the industry connected to meetings, incentives, conventions, and exhibitions (MICE).

Keywords: MICE; Meetings industry; Business tourism; Sustainability; Competitive advantage; Sustainable tourism (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-319-60696-5_68

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DOI: 10.1007/978-3-319-60696-5_68

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