The family business is a global phenomenon, and is particularly
prominent in tourism and hospitality. In many cases, the family business
was developed for the purpose of facilitating personal and family goals.
For example, in rural areas, farmers can use tourism as a way to
generate additional income, thereby remaining in the area and retaining
family property. Running a bed and breakfast establishment is a way to
mix family and work. Lifestyle, locational and autonomy motives are the
norm, but profit and growth-oriented entrepreneurs are also found within
family businesses.
This book is the first academic treatment of family business issues
within the tourism and hospitality industry. It provides comprehensive
assessment of ownership, management and family-related concerns across
the entire business and family life cycle. Many new international case
studies of real family businesses are used to illustrate key points. The
book will be of significant interest to researchers and students in
tourism and hospitality, small business and entrepreneurship studies, as
well as to owners and potential investors in family businesses.
