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Sustainability of Spanish Tourism Start-Ups in the Face of an Economic Crisis

Author

Listed:
  • María Dolores García-Gallo

    (Departament of Business Organization, University of Seville, Avda. San Francisco Javier s/n, 41018 Seville, Spain)

  • Félix Jiménez-Naharro

    (Departament of Financial Economics and Operations Management, University of Seville, Avda. San Francisco Javier s/n, 41018 Seville, Spain)

  • Miguel Torres-García

    (Departament of Energy Engineering, University of Seville, Camino de los Descubrimientos s/n, 41092 Seville, Spain)

  • José Guadix-Martín

    (School of Engineering, University of Seville, Camino de los Descubrimientos, s/n, 41092 Seville, Spain)

  • Susan L. Giesecke

    (Sutardja Center for Entrepreneurship & Technology College of Engineering, Berkeley, CA 94720, USA)

Abstract

In this research, a study is carried out on the differences between tourism start-ups in relation to intangibles, economic and financial sustainability, by region and by sector of activity, in order to determine their sustainability both in a situation of economic crisis and growth, In the study carried out in this article, the tourist startups are identified, by branch of activity (hotels, restaurants, transport and travel agencies) with identification of intangibles in their balance sheet. Once identified, a descriptive analysis of the incorporation of intangibles, economic sustainability and financial sustainability, by branch of activity and community, is developed. This analysis is completed with an analysis of variance to determine if there is a relationship between intangible and branches of tourism and region; economic sustainability and branches of tourism and region; financial sustainability and branches of tourism and region. The conclusions of the work show that parameters such as investment in intangibles, economic sustainability and financial sustainability are key variables in crisis situations such as the current one.

Suggested Citation

  • María Dolores García-Gallo & Félix Jiménez-Naharro & Miguel Torres-García & José Guadix-Martín & Susan L. Giesecke, 2021. "Sustainability of Spanish Tourism Start-Ups in the Face of an Economic Crisis," Sustainability, MDPI, vol. 13(4), pages 1-15, February.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:4:p:2026-:d:498971
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    References listed on IDEAS

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    1. Mandeep Mahendru & Vibha Arora & Ravi Chatterjee & Gagan Deep Sharma & Irum Shahzadi, 2024. "From Over-Tourism to Under-Tourism via COVID-19: Lessons for Sustainable Tourism Management," Evaluation Review, , vol. 48(1), pages 177-210, February.
    2. Dong-Shang Chang & Wei-De Wu, 2021. "Impact of the COVID-19 Pandemic on the Tourism Industry: Applying TRIZ and DEMATEL to Construct a Decision-Making Model," Sustainability, MDPI, vol. 13(14), pages 1-28, July.

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