Theoretical Aspects and Features of the Tourism Industry in the Context of its Information Support and Financial Design

Abstract

Tourism is a promising and important sector of the national economy that improves and diversifies people's lives by providing them with good recreational, educational, cultural, religious, economic, educational, environmental, humanitarian, communication, holistic and health services as well as meeting the relevant needs. The article thoroughly describes the theoretical aspects and reveals the features of the functioning of tourism companies, in particular, and the tourism industry in general. Demand for a tourist product is the number of ordered services that tourists want and can pay for at a certain price level. The offer of tourist products is the number of offered tourist services that the travel agency wants and can provide. The average costs of a travel agency — is the cost of a particular type of travel service, which depends on the average and marginal productivity of investment in tourism. These arguments are intended to help practitioners take real and effective steps to improve the development of the tourism business, expand its sphere of influence, effective financial design and information support. Information technologies and software in the modern information society and knowledge economy are an important key driver of the progress of science, technology and current economic practice from the microeconomic environment to the megaeconomic level. The tourism industry must participate in this progressive trend. The versatility of information technology and software allows you to calculate, forecast and analyze demand, supply, pricing, optimal allocation of available resources, structure and dynamics of average and marginal costs, as well as average and marginal return on investment, development of financing projects and more. Information technologies and software contribute to the significant facilitation of the choice of tourist routes, modeling of various situations both for tourist companies and for tourists themselves. It is proved that financial design in the tourism business is a very important element of its development and largely depends on the level of implementation and application of information technology and software. It has been found that programming and information processing technologies allow to develop optimal financial projects with minimal errors. Thus, the dynamics of average and marginal costs, the trend of marginal and average productivity, unexpected losses are prevented, funds for the development of intellectual capital, expansion and improvement of production capacities, efficient, careful and rational use of tourist and recreational tourism are calculated with approximate real accuracy.