Methods of hotel management in conditions of global economic instability

Abstract

This article discusses topical issues regarding the peculiarities of the organization of the hotel business in modern conditions. The novelty and relevance of the topic is connected with the unstable situation in the hotel services market over the past two years, which leads to the need to search for new methods of managing hotel enterprises, the formation of new forms and types of services. The specifics of understanding the hospitality industry as a significant segment of the service sector are presented. The role of the hotel business in the country’s economy is determined. The analysis of the dynamics of income growth of enterprises is carried out. The key factors of influence on the analyzed type of activity are revealed. The basic principles and methods of hotel management in conditions of global instability are defined.