Full Article: PDF
Scientific Object Identifier: http://s-o-i.org/1.1/TAS-12-92-69
DOI: https://dx.doi.org/10.15863/TAS.2020.12.92.69
Language: English
Citation: Abduraximov, S. N. (2020). The role of the hotel business in the modern economy. ISJ Theoretical & Applied Science, 12 (92), 355-358. Soi: http://s-o-i.org/1.1/TAS-12-92-69 Doi: https://dx.doi.org/10.15863/TAS.2020.12.92.69 |
Pages: 355-358
Published: 30.12.2020
Abstract: The article considers main indicators of scope and efficiency of the global hotel industry, published in official and unofficial reports and studies: volume of the global hotel market, the profitability per room, cost of accommodation in hotels around the world, service level, occupancy rate of hotel rooms, number of others. The data is classified by country, city, and world's leading hotel chains. The above statistics show the state of the modern hotel industry (the growth rate of the hotel industry, the stability of its position puts the industry on one of the leading places in the world economy) and allows you to develop strategic directions for the development of this sphere.
Key words: volume of the global hotel industry, profitability per room, cost of accommodation in hotel rooms, occupancy of the room stock, level of service, consumer demand, hotel chains.
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