HYBRID FINANCING MODELS FOR AGROTOURISM IN RUSSIA: EVALUATING THE EFFECTIVENESS OF GOVERNMENT PROGRAMS AND PRIVATE INVESTMENTS (CASE STUDIES OF KRASNODAR KRAI AND THE REPUBLIC OF CRIMEA)
Journal: AIC economics management
Year: 2025

This article presents a comprehensive analysis of hybrid financing models for agrotourism in Russia, focusing on Krasnodar Krai and the Republic of Crimea, to evaluate the effectiveness of government programs and private investments. The study is based on empirical data from 2020–2023, including key indicators such as profitability, payback periods, job creation, and tourist flow dynamics. The methodological framework incorporates multivariate regression analysis, expert interviews, and a review