Implementation of foreign experience of financial stimulation of tourism infrastructure and hospitality industry development in the Russian Federation

This article looks at various aspects of applying the experience of Japan and Italy in the Russian Federation in terms of stimulating the development of tourism infrastructure and the hospitality industry. Studying the experience of other countries can help Russia to understand what methods and tools are used to stimulate tourism in the world. This can be useful in developing its own strategies and mechanisms to support both individual tourism facilities and the industry as a whole. The research methodology includes the collection of data characterizing foreign practices and their comprehensive analysis. In addition, we used such research methods as comparison and ranking - to create a rating of Russian regions, data visualization method - to create a cartogram, economic and statistical method - to calculate the necessary budget and tax expenditures associated with the implementation of the proposed practices. The main findings of the study are: firstly, the identification of effective practices of government financial support to tourism; secondly, the construction of a general rating of Russian regions, reflecting their activity in terms of reconstruction and modernization of tourist facilities, introduction of digital technologies in the tourist industry; thirdly, the development of a mechanism of providing a tax deduction from corporate income tax for tourist enterprises and its reflection on the cartogram of Russian regions; fourthly, the calculation of the total necessary budgetary and tax expenditures associated with the implementation of the proposed practices. The practical significance of the study lies in the possible application of its results to stimulate domestic tourism in the Russian Federation. As a direction for further research, we can highlight the construction of a matrix of regions with the determination of the necessary budget expenditures for the implementation of the proposals in each of them.