Directions of the hotel, restaurant and tourist business development under transformation processes

Nosyriev, Oleksandr

National Technical University «Kharkiv Polytechnic Institute» 2, Kyrpychova str., Kharkiv, Ukraine, 61002

Nosyriev, O. (2023) Directions of the hotel, restaurant and tourist business development under transformation processes. Socio-Economic Problems and the State (electronic journal), Vol. 28, no. 1, pp. 3-16. URL: http://sepd.tntu.edu.ua/images/stories/pdf/2023/23nooutp.pdf

Scientific Journal "Socio-Economic Problems and the State

1(28)

Jun-2023

Apr-2023

2-Aug-2023

Ternopil Ivan Puluj National Technical University

UA

Ternopil

https://orcid.org/0000-0003-4089-3336

https://doi.org/10.33108/sepd2023.01.003

338.46 : 338.48

L83
O10

hotel and restaurant business
tourism business
sustainable development
transformational processes
hospitality industry

14

3-16

3

16

The article is devoted to the study of the hotel, restaurant and tourism business, which is currently in the phase of the beginning of a radically new cycle of development, because under the influence of modern socio-economic transformations, the hospitality industry needs other management levers in order to develop an effective strategy for sustainable development. It is proven that the hotel, restaurant and tourism industry development in Ukraine is a promising direction due to the favorable conditions and rich recreational resources. However, there are still many problems in the field of the legislative framework and the unstable economic and political situation in the country, which inhibits the development of the hotel, restaurant and tourism business. It is necessary to develop and implement into the practice of management special organizational and economic measures of state support for hotel, restaurant and tourist business enterprises. The following measures are to be undertaken: easing taxation, direct subsidies, employment support or payments to workers who have lost their jobs; activation of employment centers for employment, etc. The necessity to reform the organizational approaches to the functioning of the hotel, restaurant and tourism business, which has an opportunity to become one of the leading multiplier factors of national income growth, is proven as well as the necessity to contribute to the employment increase and the local infrastructure development, to raise the standard of living of the population and to act as an effective mechanism for the redistribution of funds between sectors of the economy. It is emphasized that the main issues to be solved remain stabilization and adjustment of the economic and political situation, renewal and improvement of the legislative framework, management of the hotel and restaurant business. It is substantiated that the hotel, restaurant and tourism business can act as a stimulus for sustainable socio-economic regional development, which in turn will increase revenues to the budgets of all levels, contribute to improving the image of regions, create additional jobs, and act as a factor in the activation of inbound and foreign tourism.

The authors received no direct funding for this research.

http://elartu.tntu.edu.ua/handle/lib/42445

2223-3822

Scientific Journal "Socio-Economic Problems and the State

http://sepd.tntu.edu.ua/images/stories/pdf/2023/23nooutp.pdf
https://doi.org/10.36477/2522-1256-2022-33-10
https://doi.org/10.32782/2524-0072/2022-38-22
https://dspace.uzhnu.edu.ua/jspui/handle/lib/38501
https://doi.org/10.32782/2524-0072/2022-38-70
https://doi.org/10.31471/2409-0948-2022-1(25)-172-182
http://bses.in.ua/journals/2022/74_2022/41.pdf
http://perspectives.pp.ua/index.php/nauka/article/view/1262/1260
https://doi.org/10.32702/2306-6792.2022.3.70
https://doi.org/10.32702/2306-6792.2021.5-6.57
https://doi.org/10.32702/2306-6806.2022.8.72
https://doi.org/10.32782/2524-0072/2022-40-64
http://ej.journal.kspu.edu/index.php/ej/article/view/783
http://doi.org/10.34025/2310-8185-2022-1.85.08
https://www.economyandsociety.in.ua/index.php/journal/article/view/1168
https://doi.org/10.32782/2524-0072/2022-41-31

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Article

Scientific Journal "Socio-Economic Problems and the State", Vol.28, No.1