Competitiveness Determinants of the Travel Industry in Ukraine: the Hotel Complex

The activity of Ukraine’s hotel complex has been analyzed as a factor in the competitiveness of the travel industry; approaches to determining the impact of the hotel complex on tourism development have been suggested. The purpose of the article is to scientifically substantiate the necessity to dev...

Full description

Bibliographic Details
Main Authors: Bogdan Nataliia M., Gardaushenko Nataliia A., Skryl Olena R.
Format: Article
Language:English
Published: PH "INZHEK" 2020-09-01
Series:Problemi Ekonomiki
Subjects:
Online Access:https://www.problecon.com/export_pdf/problems-of-economy-2020-3_0-pages-34_44.pdf
_version_ 1797331477139030016
author Bogdan Nataliia M.
Gardaushenko Nataliia A.
Skryl Olena R.
author_facet Bogdan Nataliia M.
Gardaushenko Nataliia A.
Skryl Olena R.
author_sort Bogdan Nataliia M.
collection DOAJ
description The activity of Ukraine’s hotel complex has been analyzed as a factor in the competitiveness of the travel industry; approaches to determining the impact of the hotel complex on tourism development have been suggested. The purpose of the article is to scientifically substantiate the necessity to develop hotel industry as a factor in the competitiveness of Ukraine’s travel industry and to suggest approaches to assessing the impact made by hotel industry on the development of the travel industry. To achieve this goal, a number of general and special research methods have been used, namely: analysis and synthesis; abstract and logical method; comparison; hierarchy analysis method; entropy; mathematical modelling in Economics using correlation and regression analysis; integrated approach. The article substantiates the need to develop tourism infrastructure, including the hotel complex, which is determined by the importance of tourism as one of the most promising areas of economic development in Ukraine, in general, and its individual regions, in particular. It has been determined that, in addition to tourist attractions, it is worth paying attention to providing tourist infrastructure with accommodation. To give scientific background proving the impact of hotel complex development on travel industry development and to assess this impact, a correlation analysis of the factors of travel industry development in a region has been carried out. The analysis results have been used as a ground for assessing the impact of hotels and other accommodation on tourism revenues. It has been found out that tourism industry today is an important factor in the social and economic development of various countries and regions, a source of stable and dynamic increase in budget revenues and a factor in activating the entire network of national economy sectors, as it has a multiplier effect on other economic sectors. Therefore, it is important for Ukraine to unite the efforts of tourism employees and researchers from different fields in order to create a framework for further development of the country’s tourism infrastructure. Comprehensive research in this area can become the subject of further research.
first_indexed 2024-03-08T07:36:08Z
format Article
id doaj.art-51856c01fd9a4d048f03ffa161832f2c
institution Directory Open Access Journal
issn 2222-0712
2311-1186
language English
last_indexed 2024-03-08T07:36:08Z
publishDate 2020-09-01
publisher PH "INZHEK"
record_format Article
series Problemi Ekonomiki
spelling doaj.art-51856c01fd9a4d048f03ffa161832f2c2024-02-02T18:53:02ZengPH "INZHEK"Problemi Ekonomiki2222-07122311-11862020-09-01345344410.32983/2222-0712-2020-3-34-44Competitiveness Determinants of the Travel Industry in Ukraine: the Hotel ComplexBogdan Nataliia M.0https://orcid.org/0000-0002-8176-9721Gardaushenko Nataliia A.1Skryl Olena R.2O. M. Beketov National University of Urban Economy in KharkivO. M. Beketov National University of Urban Economy in KharkivO. M. Beketov National University of Urban Economy in KharkivThe activity of Ukraine’s hotel complex has been analyzed as a factor in the competitiveness of the travel industry; approaches to determining the impact of the hotel complex on tourism development have been suggested. The purpose of the article is to scientifically substantiate the necessity to develop hotel industry as a factor in the competitiveness of Ukraine’s travel industry and to suggest approaches to assessing the impact made by hotel industry on the development of the travel industry. To achieve this goal, a number of general and special research methods have been used, namely: analysis and synthesis; abstract and logical method; comparison; hierarchy analysis method; entropy; mathematical modelling in Economics using correlation and regression analysis; integrated approach. The article substantiates the need to develop tourism infrastructure, including the hotel complex, which is determined by the importance of tourism as one of the most promising areas of economic development in Ukraine, in general, and its individual regions, in particular. It has been determined that, in addition to tourist attractions, it is worth paying attention to providing tourist infrastructure with accommodation. To give scientific background proving the impact of hotel complex development on travel industry development and to assess this impact, a correlation analysis of the factors of travel industry development in a region has been carried out. The analysis results have been used as a ground for assessing the impact of hotels and other accommodation on tourism revenues. It has been found out that tourism industry today is an important factor in the social and economic development of various countries and regions, a source of stable and dynamic increase in budget revenues and a factor in activating the entire network of national economy sectors, as it has a multiplier effect on other economic sectors. Therefore, it is important for Ukraine to unite the efforts of tourism employees and researchers from different fields in order to create a framework for further development of the country’s tourism infrastructure. Comprehensive research in this area can become the subject of further research.https://www.problecon.com/export_pdf/problems-of-economy-2020-3_0-pages-34_44.pdfcorrelation and regression analysisdevelopmenthotel complexinfluencing factorstourism industry
spellingShingle Bogdan Nataliia M.
Gardaushenko Nataliia A.
Skryl Olena R.
Competitiveness Determinants of the Travel Industry in Ukraine: the Hotel Complex
Problemi Ekonomiki
correlation and regression analysis
development
hotel complex
influencing factors
tourism industry
title Competitiveness Determinants of the Travel Industry in Ukraine: the Hotel Complex
title_full Competitiveness Determinants of the Travel Industry in Ukraine: the Hotel Complex
title_fullStr Competitiveness Determinants of the Travel Industry in Ukraine: the Hotel Complex
title_full_unstemmed Competitiveness Determinants of the Travel Industry in Ukraine: the Hotel Complex
title_short Competitiveness Determinants of the Travel Industry in Ukraine: the Hotel Complex
title_sort competitiveness determinants of the travel industry in ukraine the hotel complex
topic correlation and regression analysis
development
hotel complex
influencing factors
tourism industry
url https://www.problecon.com/export_pdf/problems-of-economy-2020-3_0-pages-34_44.pdf
work_keys_str_mv AT bogdannataliiam competitivenessdeterminantsofthetravelindustryinukrainethehotelcomplex
AT gardaushenkonataliiaa competitivenessdeterminantsofthetravelindustryinukrainethehotelcomplex
AT skrylolenar competitivenessdeterminantsofthetravelindustryinukrainethehotelcomplex