Proceedings of the International conference "Economy in the modern world" (ICEMW 2018)

Improvement of Financial Activities of Hotels Through Innovative Technologies

Authors
Maria V. Petrovskaya, Elena M Grigorieva, Natalia A. Zaitseva
Corresponding Author
Maria V. Petrovskaya
Available Online August 2018.
DOI
https://doi.org/10.2991/icemw-18.2018.30How to use a DOI?
Keywords
- innovations, financial activity, hotels, performance indicators
Abstract
The introduction of innovations in the hotel business in modern conditions is no longer a competitive advantage, but a prerequisite for a financially sustainable development of a hotel company. At the same time, the effective development of innovative activities in hotels is impossible without the introduction of various forms of integration, both at the level of individual hotel enterprises and networks, and at the regional level. In this regard, the authors of the article set the goal to determine what kinds of innovations are most promising and to determine measures to improve the financial activities of hotels through the introduction of innovative technologies. To carry out the research, the authors of the article used methods of content analysis, factor analysis, data systematization, the method of peer review, a method for negotiating expert assessments, and other scientific approaches that allow a comprehensive study of the problem under review and analytical reviews of professional communities and experts. The article substantiates the main problems that have a negative impact on the development of innovative activities in hotels. Also author's classifications of types of innovations used in the hotel business were developed, and examples of such innovations are given. The materials of the article can be of interest to scientists engaged in research on issues of innovation in hotels, as well as the heads of hotels and offices for the development of hotel business in the regions.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Volume Title
Proceedings of the International conference "Economy in the modern world" (ICEMW 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
August 2018
ISBN
978-94-6252-599-3
ISSN
2352-5428
DOI
https://doi.org/10.2991/icemw-18.2018.30How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Maria V. Petrovskaya
AU  - Elena M Grigorieva
AU  - Natalia A. Zaitseva
PY  - 2018/08
DA  - 2018/08
TI  - Improvement of Financial Activities of Hotels Through Innovative Technologies
BT  - Proceedings of the International conference "Economy in the modern world" (ICEMW 2018)
PB  - Atlantis Press
SP  - 162
EP  - 166
SN  - 2352-5428
UR  - https://doi.org/10.2991/icemw-18.2018.30
DO  - https://doi.org/10.2991/icemw-18.2018.30
ID  - Petrovskaya2018/08
ER  -