The reality of financing small tourism firms: The case of Indian Tourism SMEs

Javed Hussain; Navjot Sandhu; Hatem El-Gohary; David Edwards

doi:10.4018/978-1-7998-9155-0.ch063

The reality of financing small tourism firms: The case of Indian Tourism SMEs

Javed Hussain, Navjot Sandhu, Hatem El-Gohary, David Edwards

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

Abstract

Small tourist firms occupy an important place within the Indian tourism industry and make a significant contribution towards gross domestic production. This study investigates access to and finance preferences of SME tourism firms in the Punjab area, India. The study employed a post-positivist research approach depending on semi-structured questionnaires and interviews. The findings confirmed that tourism firms relied on pecking order trajectory, drawing capital from own savings, family and informal lenders, which is consistent with the literature. The study provides a unique insight into issues related to tourism firms and benchmarks findings with SME literature to identify the salient points.

Original language	English
Title of host publication	Research Anthology on Small Business Strategies for Success and Survival
Publisher	IGI Global
Pages	1299-1317
Number of pages	19
ISBN (Electronic)	9781799891567
ISBN (Print)	9781799891550
DOIs	https://doi.org/10.4018/978-1-7998-9155-0.ch063
Publication status	Published - 25 Jun 2021
Externally published	Yes

ASJC Scopus subject areas

Economics, Econometrics and Finance (all)
General Business,Management and Accounting

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.4018/978-1-7998-9155-0.ch063

Cite this

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abstract = "Small tourist firms occupy an important place within the Indian tourism industry and make a significant contribution towards gross domestic production. This study investigates access to and finance preferences of SME tourism firms in the Punjab area, India. The study employed a post-positivist research approach depending on semi-structured questionnaires and interviews. The findings confirmed that tourism firms relied on pecking order trajectory, drawing capital from own savings, family and informal lenders, which is consistent with the literature. The study provides a unique insight into issues related to tourism firms and benchmarks findings with SME literature to identify the salient points.",

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AU - El-Gohary, Hatem

AU - Edwards, David

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AB - Small tourist firms occupy an important place within the Indian tourism industry and make a significant contribution towards gross domestic production. This study investigates access to and finance preferences of SME tourism firms in the Punjab area, India. The study employed a post-positivist research approach depending on semi-structured questionnaires and interviews. The findings confirmed that tourism firms relied on pecking order trajectory, drawing capital from own savings, family and informal lenders, which is consistent with the literature. The study provides a unique insight into issues related to tourism firms and benchmarks findings with SME literature to identify the salient points.

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ER -

The reality of financing small tourism firms: The case of Indian Tourism SMEs

Abstract

ASJC Scopus subject areas

UN SDGs

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