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.

Highlights

  • In modern conditions, Russia continues to consider issues related to the development of foreign economic activity

  • 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 analysis of the characteristic features of international business tourism presented in the study will allow a more detailed approach to identifying the specific features of the development of business tourism at the regional level

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Summary

Introduction

Russia continues to consider issues related to the development of foreign economic activity. It is necessary to continue to establish international relations in various spheres of the economy, and with the largest possible number of countries that have appropriate business traditions with specific features In this regard, it is important to further consider and establish business ties in the field of business tourism with the countries of near and far abroad. International business tourism, on the one hand, contributes to stable, first of all, economic growth, on the other hand, the business tourism market may turn out to be less resistant to external factors, for example, climatic, political, social, etc It all depends on how deeply business partners study characteristic features of international business tourism.

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