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The State Regulation of the Hotel and Restaurant Business in the Context of the COVID-19 Pandemic
Martynenko V. О.

Martynenko, Volodymyr О. (2021) “The State Regulation of the Hotel and Restaurant Business in the Context of the COVID-19 Pandemic.” Business Inform 5:241–245.
https://doi.org/10.32983/2222-4459-2021-5-241-245

Section: Economics of Trade and Services

Article is written in Ukrainian
Downloads/views: 2

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UDC 338.48

Abstract:
The axiom of present is that Ukraine has a very difficult situation in the sphere of hotel and restaurant business caused by the COVID-19 pandemic. This situation has developed not only due to the underdevelopment of this sphere, also because of the significant shortcomings in the system of the State regulation of entrepreneurial activity in the pandemic, which makes this issue a topical scientific problem. The publication is aimed at analyzing the extant status of operation of the hotel and restaurant business under quarantine restrictions, as well as developing proposals for providing the State support to business entities in order to minimize losses during the COVID-19 pandemic. Theoretical and methodological grounds of research are the basic principles of development of hotel and restaurant business in a crisis, scientific works of Ukrainian scholars. The following methods were used in the course of the research: logical-juristic (to analyze the legislation of Ukraine on measures of the State support for business entities in connection with the COVID-19 pandemic); systematization (defining forms of the State aid); hypotheses and assumptions (in the preparation of proposals for further regulation of the provision of the State support to the hotel and restaurant business). As a result of the research, it is determined that the introduced support measures on the part of the State allowed to reduce the negative impact of the COVID-19 pandemic on the hotel and restaurant sector for the short-term period only. Renewal and further development of this sphere is impossible without the introduction of new approaches to the relations between the State and business, which have established determined in Ukrainian society, without increasing the social consciousness of business and increasing the level of its contact with public authorities. To achieve this goal, it is necessary to improve the system of adjustment of efforts of the State authorities, local self-government bodies and business entities in this sphere.

Keywords: hotel and restaurant business, pandemic, COVID-19, innovations, the State support.

Bibl.: 12.

Martynenko Volodymyr О. – Candidate of Sciences (Public Administration), Associate Professor, Associate Professor, Department of Business Economics and Administration, Sumy State Pedagogical University named after A. S. Makarenko (87 Romenska Str., Sumy, 40002, Ukraine)
Email: [email protected]

List of references in article

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Prykhid, V. “Naslidky karantynu: chy vdastsia vriatuvaty restorannyi biznes v Ukraini“ [Consequences of Quarantine: Will It Be Possible to Save the Restaurant Business in Ukraine]. https://p.dw.com/p/3bZqs
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