ESSENCE, CONTENT AND PRINCIPLES OF HOTEL BUSINESS DEVELOPMENT

Abstract

This article reveals the essence and principles of the hotel business development. The definition of the concept of the hotel business in modern conditions is given. Various interpretations of scientists about the hotel business are considered.
With regard to the hotel business, currently in the educational and scientific literature there are various interpretations of such concepts as "hotel industry", "hospitality industry", "hotel services market", "hotel enterprise", "hotel service", etc., which, in turn, determines the approaches to the management of the hotel industry.