Problems of development of tourist startups at the current stage: the financial aspect

Anna Silaeva

doi:10.12737/10802

PROBLEMS OF DEVELOPMENT OF TOURIST STARTUPS AT THE CURRENT STAGE: THE FINANCIAL ASPECT Problems of development of tourist startups at the current stage: the financial aspect

АА Аа

Published in Services in Russia and abroad · Volume 8, Issue 9 · Pages 128–139 · Rubric: Tourism development: domestic and international experience

DOI: https://doi.org/10.12737/10802

Received: 19.04.2015 Accepted: 19.04.2015 Published: 19.04.2015 Language of publication: RUS

Authors

Anna Silaeva

ABSTRACT

This article discusses the problematic issues of financing and development of tourism startups at the present stage in terms of financial instability. Under the tourist startup understood is a project focused on the sale of tickets for transport which is associated with travel or hotel rooms, or both, as well as traditional designs for the sale of package tours. The paper describes the case for the conceptual provisions of financing for small businesses in the tourism industry, in particular, with the help of venture capital, which effectively supports the small businesses’ innovative sector and solves the problem of the introduction of new technologies, as well as the peculiarities and directions of its development in modern conditions. Typically, venture capital plays a critical role in the commercialization of the companies at the early stages, and complement government grants only increase the chances of success, as evidenced by studies of the Russian Venture Capital Association. However, the Russian venture industry is largely focused on investments in companies at later stages of development. Identified is the necessity of initiatives to support start-ups in the form of the public-private partnership (PPP). The key issue in the implementation of such projects is the complexity of structuring start-ups, as a public-private partnership - a long-term mutually beneficial cooperation of public and private partners to carry out projects in order to achieve the objectives of public law entities, improving the availability and quality of public services, achieved through leveraging private resources and risk sharing between partners.

KEYWORDS

tourism startups, funding, venture financing, public-private partnership (PPP), financial instability

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Editor-in-Chief, editorial board chair

GOST

Silaeva A. Problems of development of tourist startups at the current stage: the financial aspect // Services in Russia and abroad. 2015. no. 9. pp. 128-139. DOI: https://doi.org/10.12737/10802. (Date of access 06.11.2026).

MLA

Anna Silaeva. "Problems of development of tourist startups at the current stage: the financial aspect." Services in Russia and abroad 8.9 (2015): 128-139. DOI: https://doi.org/10.12737/10802.

APA

Silaeva A. (2015). Problems of development of tourist startups at the current stage: the financial aspect. Services in Russia and abroad, 8(9), 128-139. https://doi.org/10.12737/10802

Chicago

Anna Silaeva. "Problems of development of tourist startups at the current stage: the financial aspect." Services in Russia and abroad 8, no. 9 (2015): 128-139. https://doi.org/10.12737/10802.

WIKI

{{cite journal | author = Silaeva A. | title = Problems of development of tourist startups at the current stage: the financial aspect | journal = Services in Russia and abroad | year = 2015 | volume = 8 | issue = 9 | pages = 128-139 | doi = 10.12737/10802 }}

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PROBLEMS OF DEVELOPMENT OF TOURIST STARTUPS AT THE CURRENT STAGE: THE FINANCIAL ASPECT Problems of development of tourist startups at the current stage: the financial aspect

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