Candidate of Economics,
Associate Professor of Hotel Restaurant Business Department
I. Boberskyi Lviv State University of Physical Culture
11, Kostiushko Str., Lviv, 79000, Ukraine,
Kholyavka Volodymyr
Candidate of Economics, Associate Professor
Dean of the Faculty of Tourism
I. Boberskyi Lviv State University of Physical Culture
11, Kostiushko Str., Lviv, 79000, Ukraine,
Kulyk Oksana
5th year student of the Faculty of Tourism
I. Boberskyi Lviv State University of Physical Culture
11, Kostiushko Str., Lviv, 79000, Ukraine,
oksana_kulyk@gmail.com
Perehinyak Taras
4th year student, specialty „Finance, Banking and Insurance“
Lviv University of Business and Law
99, Kulparkivska Str., Lviv, 79000, Ukraine,
Yevdoshchenko Olena
5th year student,
Lviv University of Business and Law
99, Kulparkivska Str., Lviv, 79000, Ukraine,
THE ROLE OF FOREIGN INVESTMENT IN TOURISM FOR THE AMALGAMATED TERRITORIAL COMMUNITIES
Abstract: The article analyzes the tourism development state for the amalgamated territorial communities. The prospects for the tourism sector development as well as the involvement conditions of a foreign investor are considered. The role of the tourist and recreational sphere in the territorial community development is determined. The positive and negative effects of the tourism and recreation development for the territorial communities in Ukraine are determined. Capital investments in the tourist and recreational sphere of the regions in Ukraine are analyzed per person in 2013-2018. The State Strategy for Regional Development until 2027 is considered and strategic priorities for the tourism development in the amalgamated territorial communities are identified. It is established that the effect of internal and external investments has a direct impact on the tourism development in the amalgamated territorial communities as well as is the basis for filling local budgets.
Keywords: investment, decentralization, amalgamated territorial community, tourism, Ukraine.
JEL classification: Н23, Н61, Н73