REGIONAL SPECIFICITY OF HOTEL INDUSTRY DEVELOPMENT IN THE REGIONS OF THE NORTH CAUCASUS
The distribution of collective accommodation facilities throughout the North Caucasus is extremely uneven, since it is causated with the specifics of the historical stages in the development of tourist and recreational systems, as well as tourist specialization and modern trends in the development of the industry. The Krasnodar region concentrates on its territory the overwhelming number of accommodation facilities in the North Caucasus. The rest of the subjectslag significantly behind theleading region. The policy of the regional authorities on the development of tourismleads to the territorial transformation of the hotel industry in the Caucasus. There are two trends: (1) more attention to the Eastern Caucasus development problems; (2) Increasing of the overall pace of the hotel industry development.