Open AccessEnsuring the Financial Sustainability of Tourism Organizations: Problems and Solutions
Author(s) -
Yunus Alamovich Toyirov
Publication year - 2022
Publication title -
international journal of multicultural and multireligious understanding
Language(s) - English
Resource type - Journals
ISSN - 2364-5369
DOI - 10.18415/ijmmu.v9i2.3551
Subject(s) - tourism , sustainability , business , financial stability , covid-19 , economic stability , financial crisis , finance , economics , financial system , political science , macroeconomics , medicine , ecology , disease , pathology , infectious disease (medical specialty) , law , biology
Preserving jobs and qualified professionals in the tourism sector, which has suffered and continues to suffer the most as a result of the negative impact of the coronavirus pandemic, is one of the most pressing issues today to maintain their income and financial stability. The article analyzes the experience of foreign and national level in the formation of financial protection mechanisms necessary for the smooth operation of tourism organizations in times of crisis and other emergencies. The article also reflects the financial sustainability indicators proposed by the author and their economic significance.