Examining the economic resilience and sustainability of tourist businesses: an assessment of the factors influencing economic security in the tourism sector

Abstract

This scientific article aims to examine the economic resilience and sustainability of tourism businesses by assessing the factors influencing economic security within the tourism sector. The study provides a comprehensive analysis of the various determinants that contribute to the economic security of tourism businesses, considering both internal and external factors. By conducting a thorough literature review and utilizing empirical research methods, the authors identify key elements that impact the economic resilience and sustainability of tourism businesses, such as government policies, market demand, environmental considerations, technological advancements, and socio-cultural aspects. The findings of this research will contribute to a better understanding of the intricate dynamics involved in maintaining economic security within the tourism sector, thereby assisting policymakers and industry stakeholders in developing strategies and initiatives to promote long-term viability and growth in this important sector. UDC: 338.48:338.246.2. JEL: Z38, Z 32, L83. DOI: https://doi.org/10.53486/escst2023.23.