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International firms enter foreign markets for a number of reasons, all of which are linked to the desire to either increase profits and sales or protect them from being eroded by competition.  

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Background to the decision International firms enter foreign markets for a number of reasons, all of which are linked to the desire to either increase profits and sales or protect them from being eroded by competition. Hotel owners and managers are always under pressure to increase the profits of their hotels, and when they face a mature, saturated market at home, they begin to search for new markets outside their home country. They find that a rising GNP per capita and population growth appear to be creating markets that are reaching the critical mass necessary to become viable candidates for their hotels. Also the economies of some nations where they are not doing business are growing at a considerably faster rate than in the economy of their own market. There are many reasons why the Jury's Doyle group decided to expand internationally. The biggest reason for them was the increase in...

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