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Public Private Partnership as Innovative Form of Attraction of Financial Resources in Sphere of Tourism

Author

Listed:
  • Galina NOVOLODSKAYA

    (Institute for Tourism and Hospitality Russia)

  • Tatyana KRAMAROVA

    (Institute for Tourism and Hospitality Russia)

  • Kostyantyn LEBEDEV

    (Institute for Tourism and Hospitality Russia)

  • Liudmila PONKRATOVA

    (Amur state University Russia)

  • Elena CHICHEROVA

    (The Russian Presidential Academy of National Economy and Public Administration RANEPA Russia)

Abstract

The paper is devoted to the development of approaches to realisation of public private partnership PPP in the sphere of tourism It has been proved that it is expedient to concentrate on a narrower economic understanding of PPP in the tourist industry It has been established that it is necessary to regulate authorities forms of relationships to share risks to provide legal guarantees on repayment of funds in the framework of PPP in the sphere of tourism It has been determined that it is necessary to pick out a coordinating body which will inform potential participants about peculiarities of projects realisation as well as render educational services on the problematics of PPP take part in competitions on selecting participants It is proposed to foresee mechanisms of providing state guarantees on attracting financial resources and an opportunity of granting privileges to private investors in the framework of PPP in the sphere of tourism

Suggested Citation

  • Galina NOVOLODSKAYA & Tatyana KRAMAROVA & Kostyantyn LEBEDEV & Liudmila PONKRATOVA & Elena CHICHEROVA, 2018. "Public Private Partnership as Innovative Form of Attraction of Financial Resources in Sphere of Tourism," Journal of Advanced Research in Management, ASERS Publishing, vol. 9(4), pages 714-720.
    • Handle: RePEc:srs:jemt00:v:9:y:2018:i:4:p:714-720
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