THE IMPORTANCE AND IMPACT OF THE PUBLIC AND PRIVATE SECTORS IN THE DEVELOPMENT OF INTERNATIONAL TOURISM
Keywords:
international tourism, globalization, inbound and outbound tourism, hotel industry, public policy, private sector, economic factors.Abstract
The development of tourism varies across societies and is closely linked to social life and state policy. This article analyzes the interaction between the public and private sectors in the tourism industry, using South Korea and the United States as case studies. In South Korea, tourism is primarily state-managed, with political initiatives serving as a foundation for the growth of the hotel and tourism industries. In contrast, the development of tourism in the United States has largely been driven by the private sector, reflecting the expansion of trade and the business environment. In Asian countries, tourism continues to develop in close connection with political and public organizations. This study explores the role of economic and political factors in shaping international tourism and highlights the significance of public-private sector balance in sustainable tourism development.
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