The article is devoted to the issues of risk management and safety, which are now becoming one of the reasons causing changes in the economic activities of enterprises in the hospitality industry. It is investigated that the hospitality industry is one of the largest, most dynamic and attractive sectors of economic development. In modern economic conditions, the activities of hospitality industry enterprises are constantly accompanied by risks. It is proved that the stable financial and economic situation of enterprises of the hospitality industry largely depends on how comprehensively all types of existing risks are taken into account in their activities. It is substantiated that a feature of the functioning of enterprises of the hospitality industry is that they are constantly under the influence of general economic and specific risks, especially in recent years. The global pandemic and military aggression of Russia had a very negative impact on the economic development of the hospitality industry in Ukraine. The general economic risks inherent in entrepreneurial activity in the hospitality industry are analysed. It is proved that in our time, security and risk management issues are important not only for the community, but have always been a prerequisite for the development of the hospitality industry. Risks in the hospitality industry are a very complex category in their management system. It is investigated that each individual enterprise of the hospitality industry is characterized by individual specificity of risk. Risk management of enterprises in the hospitality industry in the process of their economic growth is based on a flexible approach, characterized by conducting business operations and ensuring a balanced risk position of the enterprise. With this approach, only those operations are performed where the increase in risk is compensated by a corresponding increase in profitability. The article considers risk management as one of the most important elements of strategic management and internal control at the enterprises of the hospitality industry. This ensures the improvement of the quality of corporate governance, financial stability