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Authors : 1. Alla Yu. Baranova,
PhD (Economics)
Sochi State University, Sochi, Russia
Resort loan securities as a source of investing the hospitality industry
Objective: to prove the possibility of attracting funds of population and corporate organizations to invest into hospitality industry.
Methods: the basis of the study was the methods of logical and structural analysis, the dialectical method, which determined the main regularities of financial relations development in hospitality industry.
Results: basing on the study of formation and use of financial resources of organizations we have revealed the following: at the present stage, attention is paid to the functioning and investment of the hospitality industry in accordance with federal and regional target programs; measures are proposed for the effective financing from the budget and resources of various funds; the creation of tourist and recreational clusters is proposed, but the savings of the population and corporate entities are not attracted as sources of investment in hospitality industry.
Scientific novelty: the measures are proposed aimed at involving the financial resources of the population and organizations through corporate bonds by the creation of a resort consortium to promote investment in hospitality industry.
Practical significance: the proposed recommendations will contribute to enhance the financing of hospitality industry due to the source which is currently not being used.
Keywords :
Finances, currency and credit; Finance; Hospitality industry; Resort bond; Resort consortium
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Citation :
Baranova A. Yu. Resort loan securities as a source of investing the hospitality industry, Actual Problems of Economics and Law, 2016, No. 1, pp. 71–78.
Type of article : The scientific article
Date of receipt of the article :
28.10.2015
Date of adoption of the print :
15.12.2015
Date of online accommodation :
15.04.2016
