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Sustainable Tourism Economics and Financial Management

A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Tourism, Culture, and Heritage".

Deadline for manuscript submissions: closed (31 January 2023) | Viewed by 3511

Special Issue Editor


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Guest Editor
Department of Economics and Social Sciences, Universitat Politècnica de València, 46022 Valencia, Spain
Interests: financial markets; entrepreneurship; innovation; sustainability; tourism economics

Special Issue Information

Dear Colleagues,

In today's era of globalisation and the pandemic, the economics and management of finance in the tourism sector are among the challenges of the sustainable adaptation of businesses to the new paradigm. Private and public institutions have motivated funding in order for the tourism sector to recover, with a demand for sustainable business action. Financial strategies and decisions are vital to help companies in the tourism sector to recover post-pandemic activity and, at the same time, establish a sustainable and differentiating orientation in international markets.

In addition, we move in an environment of European stimuli consisting of the EU's long-term budget for 2021 to 2027 of EUR 1.211 trillion (EUR 1.074 trillion in 2018 prices), in addition to EUR 806.9 billion (EUR 750 billion in 2018 prices) through NextGenerationEU, a temporary instrument to boost this recovery.

In this Special Issue, we focus on the relationships among debt financing and sustainable financial growth in the tourism industry, analysing from the overall effect of debt financing to the impact on sustainable financial growth. It is also essential to analyse the policy proposals that attempt to promote the development of tourism companies from the perspective of debt financing. We are particularly interested in new ways of managing finance in the tourism industry with an impact on sustainable growth including, but not limited to, the following topics:

  • New forms of financing in the tourism sector: crowdfunding, crowdlending, business angel, strategic partners, public subsidies, etc.;
  • Supply chain supplier interactions as a formula for sustainable financing;
  • Analysis of efficiency in financial management and its effect on sustainable growth, comparing regions and different models of the tourism sector: eco-tourism, coastal tourism, inland tourism, gastronomic tourism, cultural tourism, etc.
  • New forms of business organizations within the tourism sector that optimize financial resources and their impact on sustainable growth.

Submissions should clearly contribute to bridging the gap between debt financing and sustainable financial growth in the management of finance in the tourism sector, analysing new modalities of the management and financing of companies in the tourism sector by highlighting various business organizations.

Prof. Dr. José Manuel Guaita Martínez
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • tourism
  • economics
  • management
  • sustainable
  • financial

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Published Papers (1 paper)

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Research

15 pages, 2924 KiB  
Article
Potential of the Crypto Economy in Financial Management and Fundraising for Tourism
by Juan F. Prados-Castillo, Miguel Ángel Solano-Sánchez, Pilar Guaita Fernández and José Manuel Guaita Martínez
Sustainability 2023, 15(6), 4978; https://doi.org/10.3390/su15064978 - 10 Mar 2023
Cited by 7 | Viewed by 2515
Abstract
This study aims to examine the potential of blockchain technology in the financing and financial management of entrepreneurial tourism projects. It highlights two objectives: how the technology can be used as an alternative financing tool and how it can improve efficiency and transparency [...] Read more.
This study aims to examine the potential of blockchain technology in the financing and financial management of entrepreneurial tourism projects. It highlights two objectives: how the technology can be used as an alternative financing tool and how it can improve efficiency and transparency in the financial management of tourism companies. This study shows that initial coin offerings are an effective way to finance innovative tourism projects and that blockchain technology can improve the competitiveness and efficiency of tourism companies. Due to the lack of empirical data on the actual implementation and impact of blockchain technology in the tourism industry, it is suggested that further research is needed to examine the practical application of blockchain technology in the tourism industry, its potential impact on tourism businesses and its implications for the regulatory framework. The proposed methodology includes a systematic literature review on the application of blockchain technology for the financing of tourism projects and the financial improvement of tourism business models. The results indicate that blockchain technology has the potential to transform the financing and financial management of the tourism industry and improve its efficiency and transparency. Furthermore, combining blockchain with other technologies can provide additional benefits in supply chain management and event automation. Full article
(This article belongs to the Special Issue Sustainable Tourism Economics and Financial Management)
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