In 2013, 80% of the total hotel closures in the US were independently owned hotel properties. The impact of external factors coupled with the inability of independently owned properties to adapt quickly to a complex operating environment results in high uncertainty of future
operations and reduced competitiveness. However, the preservation of this sector is a necessary condition for the lodging industry given that 49% of the worldwide room supply is independently owned and managed. Therefore, the primary objectives of this research study are to increase
awareness and the need for research regarding the importance of the independently owned hotel sector and to provide managers of these properties with forecasting tools that may enhance hotels' competitiveness. The operational challenges of independently hotels are unique as well as their needs.
Accordingly, potential challenges of these properties are reviewed to stress the need for forecasting and to determine tools that are reliable and at the same time account for the challenges unique to independent hotels. The comparison of strengths and weaknesses of commonly used forecasting
tools shows that time series models may be both reliable and practical for the managers of independently owned hotels to use.
In the paper, the authors summarized the interpretations of the concepts "investment attractiveness", "investment attractiveness of the region", "investment climate", "economic resources of the region", "resource-scarce", presented by domestic and foreign scientists. The concept of "resourcescarce region" is proposed. The existing methodical and methodological approaches to assessing the investment attractiveness of the regions are described. A scheme for the formation of investment attractiveness of a resource-scarce region is proposed. Suggested methodological foundations of the investment attractiveness of a resource-scarce region include: the basics of assessing the investment attractiveness of a resourcescarce region; the basis for the formation and development of investment attractiveness of a resource-scarce region. The research of the rating agency "RIA Rating" -"Rating of the socioeconomic situation of the constituent entities of the Russian Federation", which includes its own methodology for assessing factors and their impact on the socioeconomic development of the region, is presented. The methodology for assessing the investment climate of the Agency for Strategic Initiatives, used in compiling the National Rating of the State of the Investment Climate in the Subjects, is considered.
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