Specific Aspects of Risk Assessment in Financing Projects in the Hotel Business

Jinye Zhang

Abstract: This article is dedicated to exploring the specific features of risk assessment in the financing of hotel business projects. The relevance of the topic is driven by the high instability of revenues in the hotel sector and its vulnerability to external shocks, which requires lenders to apply more conservative analytical methods. The scientific novelty of the work lies in the systematization of modern approaches to risk assessment, combining quantitative models with expert qualitative parameters, as well as in identifying mechanisms for their mitigation. The study describes key risk groups affecting the sustainability of projects, analyzes methods of credit analysis, stress testing, and scoring models, and examines risk management tools, including government support programs and diversification practices. Special attention is paid to the comparative characteristics of urban and resort hotels, as well as the influence of brand reputation and operator experience on lending conditions. The study aims to identify the factors that determine the stability of hotel projects and to propose ways to improve risk management practices. To achieve this goal, methods of comparative analysis, interpretation of statistical indicators, and generalization of scientific sources were used. The conclusion emphasizes the importance of a comprehensive approach to risk assessment that ensures a balance between the interests of banks and the development of the hospitality industry. The article will be useful for researchers, financial sector practitioners, and representatives of the tourism industry.

Keywords: hotel business, investment projects, credit analysis, risk management, liquidity, operational risks

How to Cite?: Jinye Zhang, "Specific Aspects of Risk Assessment in Financing Projects in the Hotel Business", Volume 14 Issue 11, November 2025, International Journal of Science and Research (IJSR), Pages: 1369-1373, https://www.ijsr.net/getabstract.php?paperid=SR251117144723, DOI: https://dx.doi.org/10.21275/SR251117144723