Evolution of Operations Management Model in International Hotel Business

Authors

  • Sergey Viktorovich Galynin Russian Presidential Academy of National Economy and Public Administration
  • Anna Viktorovna Komarova Russian Foreign Trade Academy

DOI:

https://doi.org/10.24412.2072-8042-2022-2-27-35

Keywords:

hotel management model, international hotel operator, management agreement with a hotel operator, hotel real estate management

Abstract

Hotel project management is one of the most complex and capital-intensive processes in the commercial real estate market, characterized by high costs and long payback periods. One of the key issues is choosing the right management model for a hotel project. The article deals with the basic principles of the most up-to-date management model of a hotel facility with the participation of an international hotel operator. Trends and reasons for changes in key aspects of business interaction between the hotel owner and the international operator are revealed. The scheme of the evolution of the hotel management model with the participation of an international operator is presented.

Author Biographies

Sergey Viktorovich Galynin, Russian Presidential Academy of National Economy and Public Administration

Place of work, post: Russian Presidential Academy of National Economy and Public Administration, Institute of Industry Management, faculty of Hospitality, Head of educational laboratory of hotel and restaurant business

Anna Viktorovna Komarova, Russian Foreign Trade Academy

Candidate of Economic Sciences
Place of work, post: Russian Foreign Trade Academy, Department of Management and Marketing, Professor

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Published

2024-01-26

How to Cite

Galynin, S. V., & Komarova, A. V. (2024). Evolution of Operations Management Model in International Hotel Business. Russian Foreign Economic Journal, (2), 27–35. https://doi.org/10.24412.2072-8042-2022-2-27-35

Issue

No. 2 (2022)

Section

International trade

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