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Analysis

Tourism startups enjoy an economic environment favorable to their growth

The story began in the 1990s with the rise of new technologies and democratization of Internet access. Nowadays, what was baptized the “New Economy” corresponds to the boom of startups on international markets. These businesses, which are capable to innovate, put that innovation to work and develop it, initially flourished in the United States, before rising in the European and global economic landscape, demonstrating their resiliency and innovative power. Regardless of the sector in which they evolve, three cornerstones for their development accompanied their growth in recent years: training to encourage research and development, capacity to take risks, and financing.

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