Socio-Economic Effects of Small Business Development in The Hospitality Industry in the Context of The Digital Economy
Keywords:
hotel product, management, information technology, digital economy, hospitality industry, small business, socio-economic effectAbstract
The article deals with the socio-economic effects of small business development in the hospitality industry in the context of the digital economy. It is established that the growth impact of qualitative indicators of socio-economic development is due to structural changes in the economic system, where internal changes occurring in the small hotel business cause dynamic instability. The authors prove that internal changes in the structure of the microlevel of the hotel business are manifested due to the formation of positive feedback, which provides the transfer of information and resource flows through the information channels of the management hierarchy system. It is determined that the strategy of activating small hotel business towards socio-economic leap can be conducted in terms of structure and content as a specificity of the present reality, which consists in the trend of substituting the progressive advance by nonlinear development that allows receiving a boost for making the quantum leap at the microlevel for the economic growth of small hotel business.
