ANALYSIS OF STRATEGIC PORTFOLIO OF THE HOTEL BUSINESS ENTERPRISE

Abstract

Nowadays, management of the hotel business enterprises faces a number of negative factors that shape the main conditions and factors of entrepreneurial activity and high-performance achievement. Ensuring rational and efficient management at an enterprise over a long period of time requires the elaboration and evaluation of possible alternatives for the development of an enterprise’s business and identifying the optimal ones among them. Analysis and evaluation of strategic portfolio of the hotel business enterprise using the Boston Consulting Group (BCG) Matrix are one of the most important tools for strategic management in identifying strategic alternatives to enterprise development. A well-formed strategy allows obtaining a significant amount of profit in the long run by using the position of goods (services) offered by the hotel enterprise in the market. Within the framework of the study of the practice of forming and applying alternative strategies for ensuring the competitiveness of hotel business enterprises, there was conducted analysis of 21 enterprises of hotel industry from 10 oblasts of Ukraine (Vinnytsia, Volyn, Dnipropetrovsk, Zakarpattia, Lviv, Ternopil, Kharkiv, Kherson, Khmelnytskyi, Chernihiv) and Kyiv for 2014–2015, taking into account the category of hotels (5 * – 1 *). The construction of the matrix was accomplished according to two main factors: the growth rate – the market share of net income from the sale of products (services) of hotel enterprises in 2015. Competitive positions of a product (service) of a strategic business unit in the sphere of hotel services were determined.

Authors and Affiliations

L. D. Zavidna

Keywords

Related Articles

ANALYSIS OF THE IMPACT OF THE VALUES’ SYSTEM ON COUNTRY’S ECONOMY AND CROSS-COUNTRY COMPARISONS

The aim of the article is to analyze the impact of the values’ system on country’s economy and undertake cross-country comparisons. Such analysis should be based on theoretical and practical approaches. From theoretical...

SYSTEM DYNAMICS APPROACH TO MODELING OF MIGRATION IN UKRAINE

The article investigate the dynamics of migration processes in Ukraine based on the system dynamics approach. The simulation model that takes into account the factors of wage differences, GDP, unemployment and living sta...

TRENDS AND STRATEGIC DEVELOPMENT OUTLOOK OF ITOUTSOURCING MARKET IN UKRAINE

The article presents the results of analysis of the development peculiarities of Ukrainian outsourcing market in information technology sector. A quantitative assessment of usage of IT outsourcing in Ukraine was made acr...

ENHANCING THE COMPETITIVENESS OF AGRICULTURAL ENTERPRISES AND SUSTAINABLE DEVELOPMENT OF AGRICULTURAL TERRITORIES

In the article the research has been carried out and formed the classification of factors which positively and negatively affecting on the formation of competitiveness s of agricultural enterprises, it has been formed th...

EUROPEAN APPROACHES TO THE EVALUATION OF REGIONAL COMPETITIVENESS

Nine methodological approaches for the evaluation of the regional competitiveness are analysed in detail. In the article, it is concluded that the stages of assessing regional competitiveness are: theoretical foundation...

Download PDF file
  • EP ID EP516958
  • DOI -
  • Views 95
  • Downloads 0

How To Cite

L. D. Zavidna (2018). ANALYSIS OF STRATEGIC PORTFOLIO OF THE HOTEL BUSINESS ENTERPRISE. Проблеми системного підходу в економіці, 2(64), -. https://europub.co.uk/articles/-A-516958