Institutional Support for Innovative Tourism Development

The article is devoted to the problem of institutional aspects of innovative development of the tourism industry, the priority of which for the national economy is determined by the Government of the country. The study of institutional transformations in the tourism industry contributes to solving the problems of the industry on an innovative basis. The purpose of this study is to clarify the theoretical aspects that determine the role of institutional support in the innovative development of tourism. The research methodology consists of methods of theoretical analysis, methods of analysis and synthesis, as well as methods of descriptive statistics and comparative analysis. The originality of the study is due to the clarification of theoretical provisions on the management of innovative tourism development based on the use of institutional tools. The result of the research is the formation of the author's vision of the conditionality of the innovative development of the tourism industry and the sectoral institutional system.