Ways of development of the global hospitality and tourism industry

The hospitality and tourism industry, even in an unstable economic and political situation in the world, has the opportunity to grow and develop. The hospitality industry has received a vivid reflection of the trends introduced by the era of globalization, the age of information and communications and the new information society. Rapid changes in world tourism require new modern solutions to strengthen the position of the hotel company and maintain high competitiveness. This article discusses the possibilities of developing the hotel and tourism business in modern conditions of rapid and continuous development of the service sector. A brief overview of the history of the development of this industry is given. The authors analyze the current trends in the effective development of the tourism and hotel business.