This topic will look at the managing the international business risk in tourism. It will reveal the international business risk, such as political, exchange, credit, transport, market and cultural risk. The management risk in internationals business in tourism by the point of view of modern tools, shortcomings of traditional techniques, generating data, new decision-making parameters, and countries’ specific financial risk will be analysed. New parameters such as financial risk premium, insolvency or illiquidity, maximum debt level, implied volatility, and finally the systematic risk will be given.
Elaborated by: Prof. N. Moussiopoulos and Dr. G. Perkoulidis