UDC 379.85
The article presents the results of a study on the role of tourism as a key factor in the socio-economic development of the Kabardino-Balkarian Republic. Based on statistical data from 2019–2025, the main trends in the dynamics of tourist flows, service volumes, employment levels, and investment activity are identified. The study shows that tourism contributes about 3.3% to the gross regional product and remains one of the fastest-growing sectors of the regional economy. Despite the increase in the number of tourists and service volume, the average tourist spending has decreased, indicating a shift toward essential services and reduced consumption of supplementary ones. The spatial imbalance of tourism infrastructure distribution is highlighted, with up to 85% of accommodation facilities concentrated in the Elbrus district and Nalchik. The necessity of polycentric tourism development and cluster formation in other municipalities is substantiated. The article discusses key challenges such as seasonality, weak infrastructure, and staff shortages, as well as government support measures including major investment projects and federal subsidies. It concludes that with sustained growth and a comprehensive development strategy, tourism can become a major driver of the Kabardino-Balkarian Republic’s socio-economic progress and serve as an example of successful regional tourism policy.
tourism economics, economic development, tourism and recreation system.
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