Abstract
Nowadays, there is uncertainty in the external environment of tourism infrastructure companies. Such a situation necessitates modeling their behavior in the strategic perspective and identifying key development factors that will minimize the impact of adverse socioeconomic indicators, thus minimizing the likelihood of negative financial outcomes. This is taking place in conditions of development of tourism infrastructure companies in Ukraine and intensified competition with the absence of an appropriate management system in the development, production, and sale of tourism products and services. Thus, this study is highly relevant. The aim of this paper is to model the strategic development of tourism infrastructure using the SWOT methodology and correlation-regression analysis. Based on the diagnosis of trends in tourism infrastructure companies of Ukraine and their environment, an approach to the development strategy of tourism infrastructure companies is proposed. First, market trends in the tourism industry, which is a crucial component of the development strategy of tourism infrastructure, are considered. The essence of the proposed approach is to use the SWOT methodology. The determination of the most significant factors of companies’ internal and external environment is based on multifactor regression-correlation modeling. It is concluded that the general growth of tourism in Ukraine is due solely to the growing demand among the citizens of Ukraine for outbound tourism.
Highlights
High levels of market risks and instability of the economic environment encourage businesses to actively seek modern, effective development strategies that will take into account the uncertainty of the external environment of tourism companies and minimize the impact of adverse socioeconomic factors
There is uncertainty in the external environment of tourism infrastructure companies. Such a situation necessitates modeling their behavior in the strategic perspective and identifying key development factors that will minimize the impact of adverse socioeconomic indicators, minimizing the likelihood of negative financial outcomes
The aim of this paper is to model the strategic development of tourism infrastructure using the SWOT methodology and correlation-regression analysis
Summary
High levels of market risks and instability of the economic environment encourage businesses to actively seek modern, effective development strategies that will take into account the uncertainty of the external environment of tourism companies and minimize the impact of adverse socioeconomic factors. Thereby, such strategies will minimize the likelihood of negative financial outcomes of economic activity. Important components for assessing strategic directions of development of tourism infrastructure companies are the resource base and relatively inexpensive labor force. Strategic development of tourism infrastructure companies should be considered as one of the main advantages and a necessary condition for their market stability
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