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Much potential for growth in hospitality firms exists in foreign countries, but expansion abroad typicality bears additional risks that could be detrimental to the operations. The authors explore those risks, currency exchange risk, and country risk, and offer practical techniques to access, manage, control, and reduce them. Deriving benefits from global opportunities requires effective management of these areas
Borde, Stephen F. and Atkinson, Stanley M.
"Risks to Hospitality Firms in the International Arena,"
1, Article 5.
Available at: http://digitalcommons.fiu.edu/hospitalityreview/vol18/iss1/5