Integrative Strategies and Innovations in Managing Hospitality Businesses

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Liliia Honchar, Liudmila Batchenko, Valentina Rusavska, Iryna Holubets, Irina Verezomska, Olena Zavadynska

Abstract

Introduction: The integration of differentiated management paradigms from classical to systemic and situational allows hospitality enterprises to effectively navigate and adapt to challenging market conditions and respond flexibly and quickly to external challenges. Implementation of adaptation strategies is a critical aspect of responding to the dynamic and competitive environment of the hospitality sector, where technological innovations and changes in consumer preferences constantly influence business management practices. Innovative approaches in the hospitality sector reflect the specific needs, financial capabilities, and market conditions of different types of establishments, and the importance of a multiparadigm approach to optimise adaptation strategies and develop hospitality innovation is evident.


Objectives: This research aims to analyse the impact of a multiparadigm approach to managing businesses in the hospitality sector on enterprises' adaptability to modern challenges. It will also examine innovative solutions and adaptive strategies that promote increased competitiveness, operational process optimisation, and customer satisfaction.


Methods: A study was conducted using descriptive statistics to identify specific features and characteristics of management strategies and innovative solutions in the hospitality sector. The data for the analysis were collected through a survey of hotel executives and hospitality managers using the MS Forms Pro platform.


Results: The analysis of the survey results showed that growing competition, changes in customer demands and the desire to increase revenues are the main factors that stimulate the introduction of innovations. It has been determined that international chain hotels are highly oriented towards these factors. At the same time, hostels and motels face more significant difficulties due to a limited resource base and less developed staff qualifications.


Conclusions: The practical value of the research is that the obtained results can be used to develop and implement innovative solutions and adaptive strategies in the hospitality sector, which will support the optimisation of management processes.

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