ASSESSING THE IMPACT OF GOVERNMENT ECONOMIC POLICIES ON THE DEVELOPMENT OF HOSPITALITY INDUSTRY
Abstract
ABSTRACT
This study investigates the impact of government economic policies on the development of the hospitality industry. Using a mixed-methods approach, the research examines the relationship between government policies, such as taxation, trade regulations, and investment incentives, and the growth and development of the hospitality sector. The study reveals that government economic policies have a significant impact on the hospitality industry, influencing factors such as tourism demand, hotel occupancy rates, and restaurant sales. The findings highlight the need for policymakers to consider the hospitality industry's unique needs and challenges when developing economic policies. The study's results have implications for hospitality industry stakeholders, policymakers, and researchers seeking to understand the complex relationships between government economic policies and the development of the hospitality industry.
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