Year: 2025
Type: article
Abstract: It is substantiated that the merger of enterprises into corporate structures will increase the competitiveness of the tourism sector. Corporate structures in tourism are the merger of several enterprises to ensure market advantages in an organizational structure that coordinates ownership and control rights when conducting business together. The term "models of corporatization of tourism business" is disclosed, which refers to generalized organizational and legal forms of conducting tourism business. Promising organizational and legal forms of corporatization of tourism business are given, their advantages and disadvantages are presented, and examples are given. Business associations are contractual associations of enterprises and organizations for the joint performance of homogeneous functions and coordination of general activities. Professional associations are contractual associations aimed at constant coordination of economic activity, intensification of sales activities, research of areas of consumption, development and establishment of association standards for industry classifiers of quality, reliability, compliance with working conditions and qualifications of employees of business associations. A tourism corporation is a legal form of tourism business, distinct from the specific individuals who own them. A tourism holding is an economic entity that is focused on exercising control over joint economic activities in the tourism sector by owning a controlling stake in shares or other securities. A conglomerate is an association of firms, sometimes a legal entity, consisting of companies engaged in business activities in various sectors of the economy. Consortiums are temporary statutory associations of industrial and financial capital aimed at achieving a common economic goal.
Author: Ihor Bezugliy
Institution: Chernihiv Polytechnic National University
Language: English
Subfield: Sociology and Political Science
Field: Social Sciences
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4413062423