Bìznes Inform (Jan 2019)

The Monitoring of the Financial-Economic Security of Enterprises of Hotel Complex as a Determinant of Development of the Tourism Sector of Region

  • Bogdan Nataliia M. ,
  • Ryabev Anton A. ,
  • Krasnokutska Yuliia V.

Journal volume & issue
Vol. 1, no. 492
pp. 229 – 235

Abstract

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The article examines the problems of definition, provision and monitoring of the financial-economic security of enterprises of hotel complex in the context of development of the tourism sector of region. On the basis of generalization of theoretical approaches the authors’ position concerning interpretation of the content of financial-economic security of enterprises is explicated. The scheme of the algorithm of monitoring and diagnostics of the financial-economic security of enterprise, consisting of 5 successive stages, is developed. It is proved that the efficient direction of ensuring and maintaining a stable status of the financial-economic security of hotel enterprises is monitoring of the external and internal environment with the purpose of early warning of threats and taking necessary protection measures. The monitoring system envisages constant monitoring of the status and tendencies of development of the enterprise’s potential, as well as the status of general economic development of hotel economy and tourism industry, other factors of external environment. It is substantiated that providing the financial-economic security of enterprises of hotel complex is the determining condition and the factor of improvement of quality of hotel and tourist services, efficiency of the enterprises in the tourism industry as a whole.

Keywords