Publication Details
Abstract
Family-owned businesses are considered a very important aspect in the development of Uzbekistan’s tourism sector, contributing to mainly employment generation, economic growth. This article explores family-run tourism enterprises in Uzbekistan, highlighting their impact on the labor market and local societies employment rate. The research examines the influence of government policies, financial accessibility on the sustainability of these businesses. Using a combination of literature review and statistical analysis, the study identifies the key factors of the success and expansion of family-owned tourism businesses. The findings suggest that family-owned business can be very successful and main economic drive of the government of Uzbekistan, if those enterprises can overcome problems like, financial accessibility, the business skill and knowledge of family members and some interferes of family relationships inside the business. This study contributes to the existing body of knowledge by touching underexplored sector of family-owned tourism enterprises in Uzbekistan.