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Analysis and Modeling of the Impact of Factor Determinants on the Functioning of the Hotel Economy in Ukraine

Author

Listed:
  • Nazariy Popadynets

    (M. I. Dolishniy Institute of Regional Research of NAS of Ukraine, Ukraine)

  • Tetyana Skrypko

    (Lviv Institute of Economics and Tourism, Ukraine)

  • Oleksiy Topchiy

    (Kharkivgorlift, Ukraine)

  • Mariia Garasymliuk

    (Lviv Institute of Economics and Tourism, Ukraine)

Abstract

The system of indicators that impact the process of forming of competitive advantages in the hotel economy as one of the types of housing sectors is suggested based on the system analysis. Close relationship between the competitiveness level of the hotel economy in Ukraine and influence factors roughly divided into two groups (external and internal) is mathematically proven. The methods of development of prognosis level of the hotel economy competitiveness in Ukraine is formed based on respective values of stimulating and deterrent indicators. The hypothesis that income of population impacts the competitive advantages of the hotel economy is suggested. The model of the hotel economy competitive advantages for Ukraine was developed based on correlation and regression analysis. It allows for determining of the level of hotel industry competitiveness and efficiency of development of new directions to improve the country's touristic attractiveness and for detecting the factors (economic, infrastructural, etc.) that most closely correlate with the real competitiveness level of the hotel business in the region.

Suggested Citation

  • Nazariy Popadynets & Tetyana Skrypko & Oleksiy Topchiy & Mariia Garasymliuk, 2021. "Analysis and Modeling of the Impact of Factor Determinants on the Functioning of the Hotel Economy in Ukraine," International Journal of Information Systems in the Service Sector (IJISSS), IGI Global, vol. 13(3), pages 39-48, July.
    • Handle: RePEc:igg:jisss0:v:13:y:2021:i:3:p:39-48
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