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Author : Sebastian Ferrari & Dagmar Lund-Durlacher
School/Work Place : MODUL University Vienna, Austria
Contact : 1111532@modul.ac.at
Year : 2015

Over the last decades, social enterprises have increasingly gained importance in the travel and tourism industry and they are revolutionizing the way business is done. Instead of maximizing profits for external shareholders, a social enterprise is an organization that applies commercial strategies to address society’s most pressing needs; thus creating sustainable solutions, that empower the underprivileged to independently lift themselves out of poverty. Social enterprises can be structured as a for-profit or non-profit, and may take different forms between these two poles (Ridley-Duff, R. J. and Bull, M., 2011).

Professionals and researchers agree insofar as they argue that non-profit organizations are not self-sufficient due to the fact that they depend largely on donations. On the other hand, having the opportunity of reinvesting their own income, for-profit enterprises are not confronted with this problem. However, some businesses are to be found in neither end of the spectrum. These hybrid models combine elements from both forms (Elkington and Hartigan, 2008).

The purpose of this paper is to explore different business models of social enterprises operating in the travel and tourism industry. The focus is on what motivates social entrepreneurs, which social needs are addressed, what are the approaches taken to improve them and what are the social enterprises’ income generating strategies to ensure their self-sufficiency.


List of Articles
No. Subject Views Date
» Think Tank XV The social enterprise as a vehicle to poverty alleviat... file 1836 Jul 27, 2015

Over the last decades, social enterprises have increasingly gained importance in the travel and tourism industry and they are revolutionizing the way business is done. Instead of maximizing profits for external shareholders, a social enterpr...

Author: Sebastian Ferrari & Dagmar Lund-Durlacher 

Year: 2015 

2 Think Tank XIII Tourism investment and sustainable development: A comp... file 15277 Nov 06, 2013

Despite the growing importance of foreign direct investment (FDI) for tourism in developing countries and its perceived importance for stimulating sustainable development, few empirical studies have examined its impact. This paper explored t...

Author: Lee Davidson & Mondher Sahli 

Year: 2013 

1 Think Tank X How Fragile is Tourism Development in West Africa? The... file 10013 Oct 13, 2013

This case study complements recent research on FDI in tourism in African countries conducted by the United National Conference on Trade and Development (UNCTAD). These projects aim to better understand the pro-development effects of tourism...

Author: Lee Davidson & Mondher Sahli 

Year: 2010 

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