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Public-Private Partnership Projects as a Factor in Sustainable Development of the Tourism Industry

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Authors


Doctor of Economics, Professor of Management of Sport and Tourism Industry
Russian Presidential Academy of National Economy and Public Administration (RANEPA)
yuryeva@ranepa.ru

Abstract

Overcoming the crisis situation that has arisen in the tourist industry as a result of a pandemic, the following sustainable development in the post-crisis period, require additional investments and innovation, optimization of a risk management. One of the tools to solve this problem is the more active initiation of the public-private partnership (PPP) and municipal-private partnership (MPP) projects in the tourism industry. The specifics of the tourist industry, particularly creating demand determine the need for further study of the mechanism of implementation of PPP / MPP projects in this sector under constant changes. The basic trends in the development of the tourist industry, and its role as a catalyst for overcoming the crisis, sustainable growth, innovation and entrepreneurship is shown.
The essence of PPP /MPP projects, the prerequisites for their initiation, organizational forms, the advantages and disadvantages of PPP / MPP projects are formulated. The practice of implementation PPP /MPP projects in the tourism industry in the Russian economy is analyzed. It concluded that their effectiveness mainly depends on the optimal use of resources, effective risk management system, trust relationships between public and private partners, a healthy competition among stakeholders, and an effective legal framework.

Keywords

tourism industry, project management, public-private partnership projects.

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Yuryeva Tatyana Vladimirovna
Public-Private Partnership Projects as a Factor in Sustainable Development of the Tourism Industry// Modern Management Technology. ISSN 2226-9339. – #2 (92). Art. # 9215. Date issued: . Available at: https://sovman.ru/en/article/9215/

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