In Vojvodina, the ownership transformation in hotel management was implemented in 90% by the end of the year 2008, and thus the new circumstances for qualitative changes were met in this area of business. The number, structure and categories of accommodation objects have changed significantly when compared to 1999. This is why this paper deals with parallel analysis of the characteristics of operating business and tourist events in the period from 1999 to 2007. This paper aims to point out the connection between the advanced conditions of work achieved through resolving the ownership transformation, upgraded general (macro) economic conditions in the country and faster opening of new guests accommodations in Vojvodina. It also identifies the disproportion in the economic importance of Vojvodina as the most developed region and small tourist turnover that is realized in this Autonomous Region.