Economic-Mathematical Modelling of the Distribution of Investments in the Tourism and Hospitality

Korepanov, Oleksiy; Goncharenko, Yanislava; Mekhovich, Sergey; Dyshkantiuk, Oksana; Salamatina, Svitlana; Rusavska, Valentyna

doi:10.35940/ijeat.a1093.109119

Cited by 2 publications

(1 citation statement)

References 6 publications

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“…The use of economic-mathematical and statistical apparatus (Karyy et al, 2021) to assess such parameters as recreational potential and investment is relevant in scientific research to select effective strategies for the development of recreational tourism. To fill the gap in research on mathematical modeling of the distribution of investment in tourism and hospitality, Korepanov et al, (2019) developed an investment strategy for a travel agent, depending on the received plan for the implementation of developed tours. In turn, Kozhukhivska et al, (2019) proposed an approach to the formation of investment strategy for the development of the Ukrainian tourism and recreation sector, which should be based on the principles of benchmarking and is to use innovative methods in cooperation with local authorities at the regional level.…”

Section: The Role Of Recreational Potential and Investment Supportmentioning

confidence: 99%

Strategic Planning of the Recreational and Tourism Industry Development: The Ukrainian Evidence

Шпак

Bondarenko

Sroka

et al. 2022

IJEK

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The purpose of the study is to analyse the impact of the investment component on the development of the Recreational and Tourist Industry (RTI), and to perform a comprehensive analysis in order to elaborate a strategic development plan for the sector. Using the matrix method of research and mathematical method of rating, the general strategic direction of development of the recreational and tourism sphere of each region of Ukraine was estimated and chosen. We have developed a matrix "Recreational potential – RTI investment support", which consists of six quadrants and characterizes the long-term attractiveness of the recreational and tourist sphere and its investment level in the market of recreation, entertainment, and sports. The level of income per capita and the level of investment in collective accommodation facilities were investigated. This allowed to determine: (1) which regions need investments for the development of the recreational and tourist sphere as one of the priority areas; (2) which regions already have a sufficient level of cash flow in the recreational sphere, and finally, (3) which regions need careful analysis with the following elaboration of an alternative direction for recreation development in these regions. Based on two indicators, i.e. investment level and recreational potential, a matrix consisting of 6 quadrants was constructed. All regions of Ukraine were classified in this matrix. The results of the study will have implications for the industry, allowing authorities of different levels to formulate a rational policy for the development of the tourism industry.

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Section: The Role Of Recreational Potential and Investment Supportmentioning

confidence: 99%

Strategic Planning of the Recreational and Tourism Industry Development: The Ukrainian Evidence

Шпак

Bondarenko

Sroka

et al. 2022

IJEK

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Public Associations in the Field of Medical Tourism: Role and International Experience

HORISLAVSKA¹,

PATRATII²

2022

Law. Human. Environment

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The urgency of the legal framework for the functioning of public organisations is mediated by the fact that the process of self-organisation of society and the development of civil society are interrelated and provide for rights and freedoms, dignity of every citizen, increase economic and spiritual prosperity. There is also a steady trend of aging around the world, and the progress of medical and health tourism will show signs of rapid growth, including through the growth of self-organisation of people in civil society, which determines the quality of common views and interests, including health. The aim of the article is the study, based on the analysis of regulations that determine the legal status and forms of participation of public associations in tourism and medicine, the practice of their activities at national and international level, problematic issues and possible solutions based on experience of both individual countries and internationally. Research methods were chosen considering the purpose and objectives of the study. The study used philosophical (hermeneutic), general scientific (logical, generalisation, praxeological method, modeling method, prognostic method and bibliographic) and special legal (formal-legal, comparative-legal) methods of scientific cognition. It was found that the actualisation of the study of legal regulation of tourism in the field of health care contributes to globalisation, mobility of modern society and human needs in the realisation of their natural rights to life, health care, health secrets. The legal basis of activity and main tasks of some national and international organisations in the field of medical tourism are studied. Ways to improve the legal regulation of public associations in the field of medical tourism in Ukraine in terms of improving the concept of private law in accordance with the basic values of the European community are suggested. The materials of this study can be useful for legal scholars, leaders and employees of public associations, and teachers, graduate students, students of law schools. Civil servants and everyone who is interested in this issue

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Economic-Mathematical Modelling of the Distribution of Investments in the Tourism and Hospitality

Cited by 2 publications

References 6 publications

Strategic Planning of the Recreational and Tourism Industry Development: The Ukrainian Evidence

Strategic Planning of the Recreational and Tourism Industry Development: The Ukrainian Evidence

Public Associations in the Field of Medical Tourism: Role and International Experience

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