Analysis of the international practice of state financial incentives for the development of tourism infrastructure and the hospitality industry

The development of the tourism sector is one of the most important vectors of the development of the economic policy of countries, since it significantly affects the volume of GDP. This article is devoted to assessing the practice of state financial incentives for the development of tourism infrastructure and the hospitality industry in foreign countries. The study examines the economic results of tourism activities in different countries, analyzes government financial support measures aimed at stimulating the development of tourism infrastructure, and provides specific examples of effective strategies and tools. The results obtained can become the basis for making informed decisions on the implementation of effective measures of state financial support for the tourism infrastructure and the hospitality industry adapted to Russian conditions, which will increase the contribution of the tourism industry to the country’s economy and increase its competitiveness at the international level.