The macroeconomic context is an extremely important factor for the growth and development of companies, and for the hotel sector, being expected that the performance of hotel companies should be strongly dependent on the conditions and the macroeconomic environment where they are inserted. Using...

The economic crisis had a significant influence on the world economy, as well as on tourism and hospitality industry. Despite minor oscillations, European and world tourism turnover is registering a significant growth. Contemporary European tourists possess high purchasing power, as well as the...

Location is a key concept in tourism sector analysis, given the dependence of this activity on the natural, built, cultural and social characteristics of a certain territory. As a result, the tourist zoning is an important instrument for delimiting tourist areas in accordance with multiple...

This research was conducted on 209 respondents in the field of tourism and hospitality. The aim of the research was to determine the necessary leadership characteristics and skills of a modern tourism and hospitality manager, as leader of the organization or team in it. For the purposes of the...

Forecasted growth in demand, and the necessity of creating an innovative destination product of Montenegro, impose the need or development of personnel who will be able to meet the increasingly numerous and various needs of visitors. In order to make the human resources in the tourism sector of...

This paper will discuss some methodical aspects in doing research in the field of hospitality and tourism. Quality aspects have been dominant subjects for a long time in the industry, safety and security aspects were more or less not on the agenda in the early 90-ies. According to how society...

The purpose of this paper is to describe the status quo regarding tourism and hospitality in Uzbekistan and three European countries for the period 2007-2012, as well as to evaluate the development models implemented by the EU tourism industry and examine which of these models could be utilized...

The International Finance Corporation (IFC) as a member of World Bank Group is the largest multilateral source of loan and equity financing for private sector projects in developing countries. Particular focus of International Finance Corporation is to promote economic development by encouraging...