Problems of investment attractiveness of resort facilities in the North Caucasus Federal District in the context of their irrational territorial location

Abstract

The study examines the factors limiting investment inflows into the development of re­sort infrastructure in the North Caucasus Federal District. Particular attention is given to the consequences of inefficient spatial distribution of resort facilities, which generate signifi­cant environmental threats and negatively affect the sustainable functioning of the region’s tourist and recreational systems. The research methodology employed systemic, comparative, and structural analysis. The study identified the key obstacles to investment development, including environmental degradation, irrational use of natural resources, and deficiencies in the territorial management system. The practical significance of the research lies in the ap­plicability of its findings for designing strategies for the sustainable development of tourist and recreational areas in the North Caucasus Federal District. The conclusion outlines a set of proposals aimed at reducing environmental risks, enhancing the efficiency of spatial plan­ning, and creating favorable conditions for the sustainable development of the tourist and recreational potential of the North Caucasus Federal District.