Review of the international hotel sector

Formation of new industrial complexes is one of the modern trends of the world economy that, year after year turns into an invisible economy, expressed the following trends of development: formation of a "tertiary sector", informatization and financialization of the economy. The most important role in the development of the world economy plays formation of new structures in the field of hospitality and tourism. International hotel sector - particularly important segment of the hotel industry, the hallmark of which is the internationalization of capital.According to the World Trade Organization and the World Tourism share of the international hotel sector in world GDP of 9.5%. For 6 months of 2016 the volume of deals in this sector reached the maximum limit of 42 billion dollars, in relation to the same period showed an increase of 55%. In many countries, the hotel business is one of the most important sources of foreign exchange earnings to the state budget. Also certain activity in one country contributes to its access to the international capital investment and deeper integration into the world economy.Hospitality is one of the most promising and successful sectors in the world economy. Worldwide, there are about 80,000 hotels. The largest volumes of transactions observed in the United States, Europe, Africa and the Middle East. US investments remain the largest in the international hotel market, also by the end of 2016 is noticeable activity on the part of investors in the Middle East and China (the total amount of the investment was approximately US $ 10 billion). Countries in Europe, Middle East and Africa remain the most attractive for foreign direct investment in the world. In the aftermath of the global recession caused by the crisis of 2008-2009, the successful development background was as a business tourism. And personal travel. The main growth driver in 2015 was the inflow of international capital, the innovative development of hotel properties and vacation concepts. At the end of 2016 it was opened a number of hotels and the construction of approximately 1.5 million guest rooms. With regards to Ukraine, experts say the fact that the development and rapid growth of this sector of the Ukrainian economy, increasing interest from international investors is possible in the conditions of the stabilization and strengthening of the economy.A characteristic feature of the international hotel sector as a sphere of international services is urgency, simultaneity and limited ability to store the services provided. At the same time international hotel companies are using full-international transport and communications, financial intermediation, construction, retail, entertainment and cultural facilities. Globalization processes, advanced information technologies offer opportunities for enhancing the development of an international business hotel, in which more and more clearly seen the connection of the hospitality industry and entertainment. The so-called consolidation. Active globalization of the hotel industry, which is the basis for developing international tourism, led to the formation of a particular market space of the hotel industry, which is under the control of transnational corporations.The development of the global hotel industry is characterized by the growth dynamics. If numbered 9.5 million hotels, their number has 80 000 thousand in 2016. In 1985, the global hotel industry. The countries - the leaders in this industry are the US (Cendant Corp, Marriott Int, Best Western, etc.), France (Accor, Societe du Louvre), United Kingdom (Forte Hotels), Spain (Sol Melia, Iberostar, Husa Hotels Group, etc. ). Japan (Nikko Hotels International, Fujita Kanko Inc).The transnational nature of the international hotel business, which gives him a significant advantage, while making it very dependent on the cyclicality of the global economy, from various shocks and crises in the international system as a whole, as well as regional conflictsFormation of new industrial complexes is one of the modern trends of the world economy that, year after year turns into an invisible economy, expressed the following trends of development: formation of a "tertiary sector", informatization and financialization of the economy. The most important role in the development of the world economy plays formation of new structures in the field of hospitality and tourism. International hotel sector - particularly important segment of the hotel industry, the hallmark of which is the internationalization of capital.According to the World Trade Organization and the World Tourism share of the international hotel sector in world GDP of 9.5%. For 6 months of 2016 the volume of deals in this sector reached the maximum limit of 42 billion dollars, in relation to the same period showed an increase of 55%. In many countries, the hotel business is one of the most important sources of foreign exchange earnings to the state budget. Also certain activity in one country contributes to its access to the international capital investment and deeper integration into the world economy.Hospitality is one of the most promising and successful sectors in the world economy. Worldwide, there are about 80,000 hotels. The largest volumes of transactions observed in the United States, Europe, Africa and the Middle East. US investments remain the largest in the international hotel market, also by the end of 2016 is noticeable activity on the part of investors in the Middle East and China (the total amount of the investment was approximately US $ 10 billion). Countries in Europe, Middle East and Africa remain the most attractive for foreign direct investment in the world. In the aftermath of the global recession caused by the crisis of 2008-2009, the successful development background was as a business tourism. And personal travel. The main growth driver in 2015 was the inflow of international capital, the innovative development of hotel properties and vacation concepts. At the end of 2016 it was opened a number of hotels and the construction of approximately 1.5 million guest rooms. With regards to Ukraine, experts say the fact that the development and rapid growth of this sector of the Ukrainian economy, increasing interest from international investors is possible in the conditions of the stabilization and strengthening of the economy.A characteristic feature of the international hotel sector as a sphere of international services is urgency, simultaneity and limited ability to store the services provided. At the same time international hotel companies are using full-international transport and communications, financial intermediation, construction, retail, entertainment and cultural facilities. Globalization processes, advanced information technologies offer opportunities for enhancing the development of an international business hotel, in which more and more clearly seen the connection of the hospitality industry and entertainment. The so-called consolidation. Active globalization of the hotel industry, which is the basis for developing international tourism, led to the formation of a particular market space of the hotel industry, which is under the control of transnational corporations.The development of the global hotel industry is characterized by the growth dynamics. If numbered 9.5 million hotels, their number has 80 000 thousand in 2016. In 1985, the global hotel industry. The countries - the leaders in this industry are the US (Cendant Corp, Marriott Int, Best Western, etc.), France (Accor, Societe du Louvre), United Kingdom (Forte Hotels), Spain (Sol Melia, Iberostar, Husa Hotels Group, etc. ). Japan (Nikko Hotels International, Fujita Kanko Inc).The transnational nature of the international hotel business, which gives him a significant advantage, while making it very dependent on the cyclicality of the global economy, from various shocks and crises in the international system as a whole, as well as regional conflicts.