THE FINANCIAL STATUS OF RECREATIONAL TOURISM IN UZBEKISTAN AND ITS DEVELOPMENT CONSTRAINTS

Authors

  • Najmitdinov Gayratbek Author

Keywords:

recreational tourism, financial sustainability, investment, tourism infrastructure, public-private partnership, Uzbekistan.

Abstract

This article analyses the present financial status and principal challenges of recreational tourism growth in Uzbekistan. The report examines infrastructure expansion, financial metrics, investment trends, and the sector's impact on GDP, utilising statistical data from 2017 to 2024. Particular emphasis is placed on institutional, financial, and regional inequities that impact sustainable development. The study reveals several obstacles, including inadequate diversity of funding sources, uneven regional development, and restricted private sector involvement. The essay presents policy ideas designed to enhance financial sustainability, improve public-private partnerships, and fortify the investment climate in recreational tourism.

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References

1) State Statistics Committee of the Republic of Uzbekistan. (2024). Tourism sector statistics of the Republic of Uzbekistan (2017–2024). Tashkent: State Statistics Committee of the Republic of Uzbekistan.

2) World Travel & Tourism Council (WTTC). (2024). Travel & Tourism Economic Impact Report 2024. London: WTTC.

3) United Nations World Tourism Organization (UNWTO). (2023). Tourism Statistics and Market Trends. Madrid: UNWTO.

4) Organisation for Economic Co-operation and Development (OECD). (2022). Tourism Trends and Policies 2022. Paris: OECD Publishing.

https://doi.org/10.1787/8a7a8e8e-en

5) World Bank. Uzbekistan: Public Expenditure Review for Sustainable Growth. (2023). Washington, DC: World Bank Group.

6) United Nations Development Programme (UNDP). Sustainable Tourism and Green Growth: Policy Approaches for Developing Economies. (2022). New York: UNDP.

7) Asian Development Bank (ADB). Tourism Sector Assessment, Strategy, and Road Map. (2022). Manila: Asian Development Bank.

8) WTTC & Oxford Economics. (2023). Global Economic Impact and Trends 2023. London: WTTC.

9) Sharpley, R. Tourism Development and the Environment: Beyond Sustainability? (2020). London: Earthscan.

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Published

2025-12-16

Issue

Vol. 2 No. 11 (2025): INNOIST

Section

Economics

License

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This work is licensed under a Creative Commons Attribution 4.0 International License.

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How to Cite

THE FINANCIAL STATUS OF RECREATIONAL TOURISM IN UZBEKISTAN AND ITS DEVELOPMENT CONSTRAINTS. (2025). Innovations in Science and Technologies, 2(11), 252-259. https://www.innoist.uz/index.php/ist/article/view/1404

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