Diagnostics of Hotel Business: Features and Specifics
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.