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  5. Volume 9, Issue 1 (2013)
  6. WILL LITHUANIA’S HOTEL INDUSTRY GROW?

Regional Formation and Development Studies

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WILL LITHUANIA’S HOTEL INDUSTRY GROW?
Volume 9, Issue 1 (2013), pp. 180–192
Marija Kučinskienė   Aida Mačerinskienė  

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https://doi.org/10.15181/rfds.v9i1.604
Pub. online: 4 August 2022      Type: Article      Open accessOpen Access

Published
4 August 2022

Abstract

This article aims to assess the dynamic trends in the Lithuania’s hotel market and substantiate, plus illustrate their need, if it exists.Hotel business is becoming increasingly growing entrepreneurial branch that integrates political decisions together with businessinitiatives and local public attitude towards the tourist, or economic benefits left behind. In Lithuania and worldwide hotel businessis expanding rapidly, but the growth of the sector in state was and is particularly vulnerable to the historical conditions, politicaldecisions, new business trends - international business and globalization, and, of course, the needs of incoming tourists. But howand in what direction is reasonable to develop the hotel industry is the main topic discussed in the article with additionally carriedout statistical analysis.

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Keywords
hotel industry hospitality service hotel business

JEL CODES
L830 L840 N83 N84

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