THE CURRENT STATE OF DEVELOPMENT OF THE TOURISM SECTOR IN THE CONTEXT OF HOTEL BUSINESS MANAGEMENT

Abstract

The article examines the role and importance of tourism as an important strategic sector of the economy, which stimulates the development of infrastructure, increases the revenue side of the budget and has ample opportunities to attract foreign currency and various investments, promotes economic diversification through the formation of the tourism sector. The tendencies which generalize the current state of this sphere and influence the economic development of the world in general and the hotel business in particular are identified and substantiated. Thus, the sphere of international tourism is characterized by unstable dynamics of increasing the number of tourists, but in general and among the countries that are most popular among tourists and the redistribution of income from international tourism, indicating a redistribution of world cash flows from countries traditionally in demand to less traditional tourists. centers. The purpose of the article is to study the relationship and impact of tourism revenues on the economic development of the world. An in-depth analysis was conducted, which shows an unstable increase in GDP of the world and a slight dependence of GDP on the development of tourism and, as a result, an increase in the number of tourists and incomes of the world from international tourism. The study was supplemented by determining the share of revenues from international tourism in GDP in general and in the world, the most popular among tourists, which indicates its decrease, which could be considered a relatively positive trend, as it could lead to other competitive conditions to increase the competitiveness of world economies and to stimulate the development of infrastructure of countries and in general, in the long run - to increase the level of development of their economies through the accumulation of efforts and redirection of funds for the development and preservation of tourist centers, but in today's world economy it has a negative impact on tourism. , and countries, in particular, the most popular among tourists. The impact of the spread of the coronavirus pandemic on the development of tourism in general and its infrastructure, in particular the hotel business, is considered and it is concluded that in modern conditions the hotel business is going through difficult times due to the growing pandemic caused by coronavirus infection. It is concluded that improving the efficiency of the hotel industry requires significant changes in the concept of hotel business management.