Contemporary Conditions for Tourism Sector Transnationalization
Abstract
Dynamics of the contemporary stage in transnationalization of tourism and hospitality sectors is predetermined by the specificity of sector’s overall development, its placement in one of the four stages of the sector’s consolidation process which, in its turn, predetermines the national tourism’s capacities to implement efficient strategies of expansion onto foreign markets as well as the rate of tourism sector’s attractiveness for potential foreign investors. The article considers the organizational peculiarities of international M&A processes in the tourism sector and analyzes the instruments used in assessment of their economic efficiency. Different platforms used for mergers and acquisitions in tourist services are discussed. Also, consolidation of tourism industries from different countries is studied as the factor influencing the sectoral dynamics of transnationalization processes.
References
[1] Aharonovich, A.R. 2019. Socio-economic importance of state support for youth innovative entrepreneurship in the economic development of the state. Academy of Entrepreneurship Journal, 25(Special Issue 1): 1528-2686-25-S1-241. https://www.abacademies.org/abstract/socio-economic-importance-of-state-support-for-youth-innovative-entrepreneurship-in-the-economic-development-of-the-stat-8203.html
[2] Aleksandrova, O., Batchenko, L., Dielini, M., and Lavryk, U. 2018. Specifics of managing competitiveness of present-day university on principles of social responsibility. Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu, 4: 157-165.
[3] Andreeva, E., and Ushakov, D. 2016. Internal regional and demographic tourists' inflows distribution as factor of national tourism competitiveness. Actual Problem of Economics, 9: 220-227.
[4] Beljatynskij, A., Prentkovskis, O., and Krivenko, J. 2010. The experimental study of shallow flows of liquid on the airport runways and automobile roads. Transport, 25(4): 394-402.
[5] Dubrovin, A., Nikishov, V., and Shevgunov, T. 2014. Combined AOA/TDOA passive radar for airport landing system. Tyrrhenian International Workshop on Digital Communications – Enhanced Surveillance of Aircraft and Vehicles, TIWDC/ESAV 2014 (pp. 72-77). 15-16 September, Rome, Italy.
[6] Dunets, A.N., et al. 2019. Selection of strategic priorities for sustainable development of tourism in a mountain region: concentration of tourist infrastructure or nature-oriented tourism. Entrepreneurship and Sustainability Issues, 7(2): 1217-1229. DOI:https://doi.org/10.9770/jesi.2019.7.2(29
[7] Efimov, E., and Shevgunov, T. 2014. Radar target identification based on feature extraction performed with RBF artificial neural networks. 31th URSI General Assembly and Scientific Symposium, URSI GASS 2014, 16-23 August, Beijing, China, 6929360.
[8] Efimov, E., Shevgunov, T., and Filimonova, D. 2016. Angle of arrival estimator based on artificial neural networks. Proceedings International Radar Symposium 2016, 7497355.
[9] Efimov, E., Shevgunov, T., Valaytite, A., and Sadovskaya, E. 2014. Artificial neural network-based signal processing for perspective onboard systems. 29th Congress of the International Council of the Aeronautical Sciences, ICAS 2014 (pp. 1-15), 7-12 September, Saint Petersburg, Russian Federation.
[10] Fedyunin, D.V., et al. 2018a. Information support model for the children’s leisure and tourism industry within the annual planning cycle. Journal of Environmental Management and Tourism, 9(6): 1256-1262. DOI: https://doi.org/10.14505//jemt.9.6(30).15
[11] Fedyunin, D.V., et al. 2018b. Methods of implementing PR campaigns for children's recreation and tourism at the federal and regional levels. Journal of Environmental Management and Tourism, 9(8): 1745-1750. DOI: https://doi.org/10.14505//jemt.v9.8(32).13
[12] Formalev, V.F., Kolesnik, S.A., and Kuznetsova, E.L. 2016. Nonstationary heat transfer in anisotropic half-space under the conditions of heat exchange with the environment having a specified temperature. High Temperature, 54(6): 824-830.
[13] Formalev, V.F., Kolesnik, S.A., and Kuznetsova, E.L. 2018a. On the wave heat transfer at times comparable with the relaxation time upon intensive convective-conductive heating. High Temperature, 56(3): 393-397.
[14] Formalev, V.F., Kolesnik, S.A., and Kuznetsova, E.L. 2018b. Wave heat transfer in the orthotropic half-space under the action of a nonstationary point source of thermal energy. High Temperature, 56(5): 727-731.
[15] Formalev, V.F., Kolesnik, S.A., Kuznetsova, E.L., and Rabinskiy, L.N. 2019. Origination and propagation of temperature solitons with wave heat transfer in the bounded area during additive technological processes. Periodico Tche Quimica, 16(33): 505-515.
[16] Glushkova, S., Lomakina, O., and Sakulyeva, T. 2019. The economy of developing countries in the context of globalization: Global supply chain management. International Journal of Supply Chain Management, 8(1): 876-884.
[17] Heiets, I., Spivakovskyy, S., and Spivakovska, T. 2019. Innovative business models for full cycle operating airlines. International Journal of Business Performance Management, 20(4): 356-377.
[18] Ivanov, V.V., Mishchenko, V.I., and Maliutin, O.K. 2015. International experience of inflation targeting: Model of success for Ukraine. Actual Problems of Economics, 166(4): 414-425.
[19] Kholod, M., et al. 2019. Traditional versus budget airlines – comparison of tickets costs and demands on the European air transportation market. Smart Innovation, Systems and Technologies, 149: 215-224.
[20] Kirillov, A., et al. 2017. Career opportunities for the management's personnel reserve. Eurasian Journal of Analytical Chemistry, 12(5b): 723-733.
[21] Klapchuk, V. 2014. Recreational household in Galychyna at the second part of XIX – the first third of XX centuries. Skhid, 6(126): 197-202. Available at: http://skhid.kubg.edu.ua/article/view/19193
[22] Konina, N. 2005. M&A in Competitiveness of International Companies. Prospect.
[23] Kostruba, A.V. 2019. The rule of law and its impact on socio-economic, environmental, gender and cultural issues. Space and Culture, India, 7(2): 1-2.
[24] Krayushkina, K., et al. 2016. Perspectives on using basalt fiber filaments in the construction and rehabilitation of highway pavements and airport runways. Baltic Journal of Road and Bridge Engineering, 11(1): 77-83.
[25] Kryvonos, Y.G., et al. 2017. Independent devices and wireless sensor networks for agriculture and ecological monitoring. Recent Advances in Information Technology (pp. 105-134). London: CRC Press. DOI:https://doi.org/10.1201/9781351243179
[26] Kulakhmetova, G.A., Hnatkovych, O.D., Rusnak, A.V., and Shcherbakova, N.A. 2018. The way to the leading positions in world tourism: Case study of Kazakhstan. Journal of Environmental Management and Tourism, 9(6): 1289-1295.
[27] Kuprikov, M., and Rabinskiy, L.N. 2018. Influence of infrastructure constraints on the geometrical layout of a long-haul aircraft. Journal of Mechanical Engineering Research and Developments, 41(4): 40-45.
[28] Lapidus, A., and Abramov, I. 2018a. Implementing large-scale construction projects through application of the systematic and integrated method. IOP Conference Series: Materials Science and Engineering, 365(6): 062002.
[29] Lapidus, A., and Abramov, I. 2018b. Studying the methods for determining and maintaining sustainability of a construction firm. MATEC Web of Conferences 251: 05017.
[30] Lapidus, A., Khubaev, A., and Bidov, T. 2018. Organizational and technological solutions justifying use of non-destructive methods of control when building monolithic constructions of civil buildings and structures. MATEC Web of Conferences 251: 05014.
[31] Makarenko, A.V., and Kuznetsova, E.L. 2019. Energy-efficient actuator for the control system of promising vehicles. Russian Engineering Research, 39(9): 776-779.
[32] Makushkin, S.A. 2019. Company's personnel motivation. Espacios, 40(40): 23.
[33] Marrying in Haste. 2000. Financial Times, 12 April.
[34] Mikhailushkin, A., and Shimko, P. 2005. Economy of Transnational Company. High School.
[35] Movsesyan, A. 2001. Transnationalization in the World Economy. Financial Academy under the Russia Government.
[36] Plaskova, N.S., et al. 2017. Methodological support of organizations implementing innovative activities investment attractiveness estimation. Journal of Advanced Research in Law and Economics, 8(8): 2533-2539.
[37] Rabinskiy, L.N., and Tushavina, O.V. 2019. Problems of land reclamation and heat protection of biological objects against contamination by the aviation and rocket launch site. Journal of Environmental Management and Tourism, 10(5): 967-973. DOI: https://doi.org/10.14505//jemt.v10.5(37).03
[38] Rabinskiy, L.N., Tushavina, O.V., and Formalev, V.F. 2019. Mathematical modeling of heat and mass transfer in shock layer on dimmed bodies at aerodynamic heating of aircraft. Asia Life Sciences, 21(2): 897-911. http://emtpub.com/wp-content/uploads/2020/03/Supplement-21-No-2-reupload.pdf
[39] Rudenko, M.N. 2017. Economic security of regions. Journal of Advanced Research in Law and Economics, 8(8): 2568-2585. DOI: https://doi.org/10.14505//jarle.v8.8(30).29
[40] Rudenko, M.N. 2019. Economic security of the region (Perm krai). Astra Salvensis, 7: 385-410.
[41] Rudyk, N. 2005. Conglomerate M&A. Delo.
[42] Sakulyeva, T., and Kseniia, Z. 2019. The single window mechanism in the field of external sector of the economy. International Journal of Civil Engineering and Technology, 10(2): 2205-2212.
[43] Savchuk, S. 2002. Analysis of basic motives of merges and acquisitions. Management in Russia and Abroad, 5: 34-41.
[44] Shevgunov, T., Dubrovin, A., and Nikishov, V. 2014. Next-generation landing system based on combined passive radar. 31th URSI General Assembly and Scientific Symposium, URSI GASS 2014, 16-23 August, Beijing, China, 6929038.
[45] Spivakovskyy, S., Spivakovska, T., Kanishchenko, O., and Elalfy, Sh. 2019. Marketing strategies of companies in internationalization process. Journal of Advanced Research in Law and Economics, 9(6): 2155-2162. DOI: https://doi.org/10.14505//jarle.v9.6(36).30
[46] Topchiy, D., and Kochurina, E. 2018. Environmental situation in construction, reconstruction and re-profiling of facilities in high-density urban development. MATEC Web of Conferences 193: 05012.
[47] Topchiy, D., Skakalau, V., and Yurgaytis, A. 2018. Comprehensive verification construction compliance control as the developer's project risk reduction tool. International Journal of Civil Engineering and Technology, 9(1): 985-993.
[48] Topchiy, D., and Tokarskiy, A. 2019. Formation of hierarchies in the system of organization of state construction supervision in case of reorientation of urban areas. Communications in Computer and Information Science, 1046: 134-143.
[49] Topchiy, D.V., et al. 2019. Technical rationing of the construction technology of reinforced concrete floor slabs using non-removable empitness-liners. International Journal of Civil Engineering and Technology, 10(2). http://www.iaeme.com/MasterAdmin/UploadFolder/IJCIET_10_02_214/IJCIET_10_02_214.pdf
[50] Udalova, Z., Burtseva, K., Alekseev, A., and Udalov, A. 2019. Accounting and analytical aspect of risk management of agricultural organizations. 12th International Scientific Conference on Agricultural Machinery Industry, INTERAGROMASH 2019, 10-13 September, Rostov-on-Don, Don State Technical University, 012130.
[51] Ushakov, D. 2006. National Tourism Industry: Problems of Development. Granitsa.
[52] Ushakov, D., Bandurin, V., and Bandurin, A. 2017. Taxation regime as a factor of mutually integrated macroeconomic systems' dynamics. Montenegrin Journal of Economics, 13(1): 171-179.
[53] Ushakov, D.S., et al. 2018. Countries’ competitiveness as a factor of MNCs’ global expansion. Journal of Advanced Research in Law and Economics, 9(6): 2169-2175.
[54] Vladimirovich, M.I., Nisonovich, S.M., Sergeevich, S.M., and Aharonovich, A.R. 2019. Regional differentiation of support of youth innovative entrepreneurship system in the union state. Academy of Entrepreneurship Journal, 25(Special Issue 1): 1528-2686-25-S1-246.
[55] Voronkova, O.Y., et al. 2019. Sustainable development of territories based on the integrated use of industry, resource and environmental potential. International Journal of Economics and Business Administration, 7(2): 151-163.
[56] World Investment Report 2016. Cross-Border Mergers and Acquisitions and Development. UNCTAD.
[2] Aleksandrova, O., Batchenko, L., Dielini, M., and Lavryk, U. 2018. Specifics of managing competitiveness of present-day university on principles of social responsibility. Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu, 4: 157-165.
[3] Andreeva, E., and Ushakov, D. 2016. Internal regional and demographic tourists' inflows distribution as factor of national tourism competitiveness. Actual Problem of Economics, 9: 220-227.
[4] Beljatynskij, A., Prentkovskis, O., and Krivenko, J. 2010. The experimental study of shallow flows of liquid on the airport runways and automobile roads. Transport, 25(4): 394-402.
[5] Dubrovin, A., Nikishov, V., and Shevgunov, T. 2014. Combined AOA/TDOA passive radar for airport landing system. Tyrrhenian International Workshop on Digital Communications – Enhanced Surveillance of Aircraft and Vehicles, TIWDC/ESAV 2014 (pp. 72-77). 15-16 September, Rome, Italy.
[6] Dunets, A.N., et al. 2019. Selection of strategic priorities for sustainable development of tourism in a mountain region: concentration of tourist infrastructure or nature-oriented tourism. Entrepreneurship and Sustainability Issues, 7(2): 1217-1229. DOI:https://doi.org/10.9770/jesi.2019.7.2(29
[7] Efimov, E., and Shevgunov, T. 2014. Radar target identification based on feature extraction performed with RBF artificial neural networks. 31th URSI General Assembly and Scientific Symposium, URSI GASS 2014, 16-23 August, Beijing, China, 6929360.
[8] Efimov, E., Shevgunov, T., and Filimonova, D. 2016. Angle of arrival estimator based on artificial neural networks. Proceedings International Radar Symposium 2016, 7497355.
[9] Efimov, E., Shevgunov, T., Valaytite, A., and Sadovskaya, E. 2014. Artificial neural network-based signal processing for perspective onboard systems. 29th Congress of the International Council of the Aeronautical Sciences, ICAS 2014 (pp. 1-15), 7-12 September, Saint Petersburg, Russian Federation.
[10] Fedyunin, D.V., et al. 2018a. Information support model for the children’s leisure and tourism industry within the annual planning cycle. Journal of Environmental Management and Tourism, 9(6): 1256-1262. DOI: https://doi.org/10.14505//jemt.9.6(30).15
[11] Fedyunin, D.V., et al. 2018b. Methods of implementing PR campaigns for children's recreation and tourism at the federal and regional levels. Journal of Environmental Management and Tourism, 9(8): 1745-1750. DOI: https://doi.org/10.14505//jemt.v9.8(32).13
[12] Formalev, V.F., Kolesnik, S.A., and Kuznetsova, E.L. 2016. Nonstationary heat transfer in anisotropic half-space under the conditions of heat exchange with the environment having a specified temperature. High Temperature, 54(6): 824-830.
[13] Formalev, V.F., Kolesnik, S.A., and Kuznetsova, E.L. 2018a. On the wave heat transfer at times comparable with the relaxation time upon intensive convective-conductive heating. High Temperature, 56(3): 393-397.
[14] Formalev, V.F., Kolesnik, S.A., and Kuznetsova, E.L. 2018b. Wave heat transfer in the orthotropic half-space under the action of a nonstationary point source of thermal energy. High Temperature, 56(5): 727-731.
[15] Formalev, V.F., Kolesnik, S.A., Kuznetsova, E.L., and Rabinskiy, L.N. 2019. Origination and propagation of temperature solitons with wave heat transfer in the bounded area during additive technological processes. Periodico Tche Quimica, 16(33): 505-515.
[16] Glushkova, S., Lomakina, O., and Sakulyeva, T. 2019. The economy of developing countries in the context of globalization: Global supply chain management. International Journal of Supply Chain Management, 8(1): 876-884.
[17] Heiets, I., Spivakovskyy, S., and Spivakovska, T. 2019. Innovative business models for full cycle operating airlines. International Journal of Business Performance Management, 20(4): 356-377.
[18] Ivanov, V.V., Mishchenko, V.I., and Maliutin, O.K. 2015. International experience of inflation targeting: Model of success for Ukraine. Actual Problems of Economics, 166(4): 414-425.
[19] Kholod, M., et al. 2019. Traditional versus budget airlines – comparison of tickets costs and demands on the European air transportation market. Smart Innovation, Systems and Technologies, 149: 215-224.
[20] Kirillov, A., et al. 2017. Career opportunities for the management's personnel reserve. Eurasian Journal of Analytical Chemistry, 12(5b): 723-733.
[21] Klapchuk, V. 2014. Recreational household in Galychyna at the second part of XIX – the first third of XX centuries. Skhid, 6(126): 197-202. Available at: http://skhid.kubg.edu.ua/article/view/19193
[22] Konina, N. 2005. M&A in Competitiveness of International Companies. Prospect.
[23] Kostruba, A.V. 2019. The rule of law and its impact on socio-economic, environmental, gender and cultural issues. Space and Culture, India, 7(2): 1-2.
[24] Krayushkina, K., et al. 2016. Perspectives on using basalt fiber filaments in the construction and rehabilitation of highway pavements and airport runways. Baltic Journal of Road and Bridge Engineering, 11(1): 77-83.
[25] Kryvonos, Y.G., et al. 2017. Independent devices and wireless sensor networks for agriculture and ecological monitoring. Recent Advances in Information Technology (pp. 105-134). London: CRC Press. DOI:https://doi.org/10.1201/9781351243179
[26] Kulakhmetova, G.A., Hnatkovych, O.D., Rusnak, A.V., and Shcherbakova, N.A. 2018. The way to the leading positions in world tourism: Case study of Kazakhstan. Journal of Environmental Management and Tourism, 9(6): 1289-1295.
[27] Kuprikov, M., and Rabinskiy, L.N. 2018. Influence of infrastructure constraints on the geometrical layout of a long-haul aircraft. Journal of Mechanical Engineering Research and Developments, 41(4): 40-45.
[28] Lapidus, A., and Abramov, I. 2018a. Implementing large-scale construction projects through application of the systematic and integrated method. IOP Conference Series: Materials Science and Engineering, 365(6): 062002.
[29] Lapidus, A., and Abramov, I. 2018b. Studying the methods for determining and maintaining sustainability of a construction firm. MATEC Web of Conferences 251: 05017.
[30] Lapidus, A., Khubaev, A., and Bidov, T. 2018. Organizational and technological solutions justifying use of non-destructive methods of control when building monolithic constructions of civil buildings and structures. MATEC Web of Conferences 251: 05014.
[31] Makarenko, A.V., and Kuznetsova, E.L. 2019. Energy-efficient actuator for the control system of promising vehicles. Russian Engineering Research, 39(9): 776-779.
[32] Makushkin, S.A. 2019. Company's personnel motivation. Espacios, 40(40): 23.
[33] Marrying in Haste. 2000. Financial Times, 12 April.
[34] Mikhailushkin, A., and Shimko, P. 2005. Economy of Transnational Company. High School.
[35] Movsesyan, A. 2001. Transnationalization in the World Economy. Financial Academy under the Russia Government.
[36] Plaskova, N.S., et al. 2017. Methodological support of organizations implementing innovative activities investment attractiveness estimation. Journal of Advanced Research in Law and Economics, 8(8): 2533-2539.
[37] Rabinskiy, L.N., and Tushavina, O.V. 2019. Problems of land reclamation and heat protection of biological objects against contamination by the aviation and rocket launch site. Journal of Environmental Management and Tourism, 10(5): 967-973. DOI: https://doi.org/10.14505//jemt.v10.5(37).03
[38] Rabinskiy, L.N., Tushavina, O.V., and Formalev, V.F. 2019. Mathematical modeling of heat and mass transfer in shock layer on dimmed bodies at aerodynamic heating of aircraft. Asia Life Sciences, 21(2): 897-911. http://emtpub.com/wp-content/uploads/2020/03/Supplement-21-No-2-reupload.pdf
[39] Rudenko, M.N. 2017. Economic security of regions. Journal of Advanced Research in Law and Economics, 8(8): 2568-2585. DOI: https://doi.org/10.14505//jarle.v8.8(30).29
[40] Rudenko, M.N. 2019. Economic security of the region (Perm krai). Astra Salvensis, 7: 385-410.
[41] Rudyk, N. 2005. Conglomerate M&A. Delo.
[42] Sakulyeva, T., and Kseniia, Z. 2019. The single window mechanism in the field of external sector of the economy. International Journal of Civil Engineering and Technology, 10(2): 2205-2212.
[43] Savchuk, S. 2002. Analysis of basic motives of merges and acquisitions. Management in Russia and Abroad, 5: 34-41.
[44] Shevgunov, T., Dubrovin, A., and Nikishov, V. 2014. Next-generation landing system based on combined passive radar. 31th URSI General Assembly and Scientific Symposium, URSI GASS 2014, 16-23 August, Beijing, China, 6929038.
[45] Spivakovskyy, S., Spivakovska, T., Kanishchenko, O., and Elalfy, Sh. 2019. Marketing strategies of companies in internationalization process. Journal of Advanced Research in Law and Economics, 9(6): 2155-2162. DOI: https://doi.org/10.14505//jarle.v9.6(36).30
[46] Topchiy, D., and Kochurina, E. 2018. Environmental situation in construction, reconstruction and re-profiling of facilities in high-density urban development. MATEC Web of Conferences 193: 05012.
[47] Topchiy, D., Skakalau, V., and Yurgaytis, A. 2018. Comprehensive verification construction compliance control as the developer's project risk reduction tool. International Journal of Civil Engineering and Technology, 9(1): 985-993.
[48] Topchiy, D., and Tokarskiy, A. 2019. Formation of hierarchies in the system of organization of state construction supervision in case of reorientation of urban areas. Communications in Computer and Information Science, 1046: 134-143.
[49] Topchiy, D.V., et al. 2019. Technical rationing of the construction technology of reinforced concrete floor slabs using non-removable empitness-liners. International Journal of Civil Engineering and Technology, 10(2). http://www.iaeme.com/MasterAdmin/UploadFolder/IJCIET_10_02_214/IJCIET_10_02_214.pdf
[50] Udalova, Z., Burtseva, K., Alekseev, A., and Udalov, A. 2019. Accounting and analytical aspect of risk management of agricultural organizations. 12th International Scientific Conference on Agricultural Machinery Industry, INTERAGROMASH 2019, 10-13 September, Rostov-on-Don, Don State Technical University, 012130.
[51] Ushakov, D. 2006. National Tourism Industry: Problems of Development. Granitsa.
[52] Ushakov, D., Bandurin, V., and Bandurin, A. 2017. Taxation regime as a factor of mutually integrated macroeconomic systems' dynamics. Montenegrin Journal of Economics, 13(1): 171-179.
[53] Ushakov, D.S., et al. 2018. Countries’ competitiveness as a factor of MNCs’ global expansion. Journal of Advanced Research in Law and Economics, 9(6): 2169-2175.
[54] Vladimirovich, M.I., Nisonovich, S.M., Sergeevich, S.M., and Aharonovich, A.R. 2019. Regional differentiation of support of youth innovative entrepreneurship system in the union state. Academy of Entrepreneurship Journal, 25(Special Issue 1): 1528-2686-25-S1-246.
[55] Voronkova, O.Y., et al. 2019. Sustainable development of territories based on the integrated use of industry, resource and environmental potential. International Journal of Economics and Business Administration, 7(2): 151-163.
[56] World Investment Report 2016. Cross-Border Mergers and Acquisitions and Development. UNCTAD.
Published
2020-06-30
How to Cite
USHAKOV, Denis et al.
Contemporary Conditions for Tourism Sector Transnationalization.
Journal of Environmental Management and Tourism, [S.l.], v. 11, n. 4, p. 844-856, june 2020.
ISSN 2068-7729.
Available at: <https://journals.aserspublishing.eu/jemt/article/view/5207>. Date accessed: 27 dec. 2024.
doi: https://doi.org/10.14505//jemt.v11.4(44).08.
Section
Article
Copyright© 2024 The Author(s). Published by ASERS Publishing 2024. This is an open access article distributed under the terms of CC-BY 4.0 license.