Temelkov, Zoran (2019) Financial technology companies as a positive disruptor for the hospitality industry. SocioBrains, International scientific refereed online journal with impact factor (54). pp. 72-77. ISSN 2367-5721
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Abstract
Hospitality industry is considered to be a vital part in the process of economic development and economic growth. Nevertheless, it is facing certain obstacles and disruptions which are hindering the growth of the hospitality industry as well the growth of the tourism industry. One of the most quoted factors impeding
industry growth is the access to finance, while most quoted factor for rise of many disruptors is technological innovation. Although technology has created non-traditional competitors, the hospitality industry should use technological innovations to solve the access to finance problem. The solution for hospitality industry is coming through the financial technology companies (fintech) offering alternative financing sources. There are numerous examples in which enterprises from this industry have successfully raise the needed capital for investment projects through crowdfunding platforms.
| Item Type: | Article |
|---|---|
| Subjects: | Social Sciences > Economics and business |
| Divisions: | Faculty of Tourism and Business Logistics |
| Depositing User: | Zoran Temelkov |
| Date Deposited: | 14 Feb 2019 06:48 |
| Last Modified: | 14 Feb 2019 06:48 |
| URI: | https://eprints.ugd.edu.mk/id/eprint/21561 |
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