Entrepreneurship in the field of tourism and hotels: comparative dynamics and efficiency

Nikolaichuk, Olha Anatoliyivna and Ніколайчук, Ольга Анатоліївна and Николайчук, Ольга Анатольевна (2018) Entrepreneurship in the field of tourism and hotels: comparative dynamics and efficiency. Вісник Хмельницького національного університету. Економічні науки, 1 (6). pp. 135-141. ISSN 2307-5740

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Abstract

The purpose of the article is to investigate the current state and prospects of entrepreneurship development in the sphere of tourism and hospitality of Ukraine. The analysis of the main tendencies of the development of business entities in the field of tourism and hospitality of Ukraine is carried out. The dynamics and structure of the number of business entities in the field of hospitality and tourism in Ukraine are analyzed. The dynamics and structure of employment on the investigated business structures are considered. The estimation of the distribution of the sold production of the branch, depending on the size of the economic entities, is fulfilled. It was revealed that according to the main structural indicators the domestic sector of tourism and hospitality corresponds to the average European and world criteria. The main problems of functioning of business structures of the studied business sphere are systematized. They are instability of the political and socio-economic situation of the country, lack of significant capital in most of the domestic population, high cost of attraction of loans, high probability of bankruptcy. This actualizes the need for state support for the development of business entities in this area. Recommendations for further development and enhancement of effectiveness of business entities in the field of tourism and hospitality are provided. They are association with other economic entities, increase and concentration of equity capital, attraction of investment resourcesб diversification of business entities, observance of conditions for fair competition, improvement of the quality of services and development of tourist infrastructure, activation of innovative transformations, development of new forms of interaction between commercial enterprises and state structures.

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