International Congress on Eurasian Economies

International Conference on Eurasian Economies

2-4 September 2020 – Baku - AZERBAIJAN

Paper properties

Paper ID : 2452
Status : Paper published
Language : English
Topic : Sectoral Analyses
Presenter: Ph.D. candidate Ilkin Gahramanov
Presentation Location : Online
Session : 6B Microeconomics

Diagnostics of Hotel Business: Features and Specifics
Diagnostics of Hotel Business: Features and Specifics

Abstract

In all countries of the world, the market of tourism services and hotel business is expanding every year, including in the Republic of Azerbaijan. This was facilitated by a number of serious measures adopted by the leadership of the country, among which are: the law on tourism (1999); UN programmatic development to increase the competitiveness of the tourism sector (2009); development of industrial tourism in accordance with the strategic plan of the Road Map (2016), etc. Currently, the tourism services market acts as one of the important connecting links along the entire chain of market processes, including almost all sectors of the economy. In addition, thanks to the expansion of the tourism market, many social problems are being addressed. In recent years, new areas of tourism services and the hotel industry have appeared, among which investment-innovative can be distinguished; financial credit and many others. All this contributed to the fact that the tourism market and hotel business of the country began to solve not only domestic, but a number of international problems.

JEL codes: A10

Gahramanov, Ilkin (2020). "Diagnostics of Hotel Business: Features and Specifics" in Proceedings of International Conference of Eurasian Economies 2020, pp.311-316, Baku - AZERBAIJAN.

DOI: https://doi.org/10.36880/C12.02452

Full paper in PDF format.

Session 6B: Microeconomics

Eurasian Economists Association Istanbul Beykent University Odlar Yurdu University Kyrgyz-Turkish Manas University Doğuş University