Sustainable development features of international business tourism

Abstract

The authors have identified the features of the international business tourism development; analyzed the main business tourism segments. The authors provide the rationale that it is business tourism that has a huge impact on the level of income and the sustainability of economic development. Business tourism can be classified as a profitable and promising type of tourism. The authors consider the key factors influencing the development of international business tourism and the economy of the respective territory; the features of the MICE industry and its impact on business tourism. The characteristic features of international business tourism have been investigated and substantiated; the factors influencing the development of business tourism infrastructure in foreign countries have been identified. The authors conducted a study and a comparative analysis of the expenditure on organizing business tourism; revealed the specifics of the business tourism infrastructure in European countries; the authors studied and analyzed external business relations, increased business activity, the quality of business infrastructure at the regional level and their impact on the development of business tourism and the economy.