FINANCING TOURISTIC RESOURCES: A COMPREHENSIVE ANALYSIS OF SUSTAINABLE TOURISM FUNDING MODELS
Keywords:
Tourism Financing, Sustainable Tourism, Public-Private Partnerships, Eco-Tourism, Green Bonds, Tourism Development, Infrastructure Funding, Community-Based Tourism, Investment Models, Sustainable DevelopmentAbstract
This paper explores the financing mechanisms involved in the development and sustainability of tourism resources, with a particular focus on funding models that balance economic growth with environmental and social responsibility. Through a qualitative approach that includes literature reviews and case study analyses, the paper highlights various models for financing tourism development, such as public financing, private investment, public-private partnerships (PPPs), and communitybased funding. It also examines sustainable financing methods, including eco-tourism investments and green bonds. By analyzing real-world examples and theoretical
models, the paper aims to provide a comprehensive framework for tourism financing that can help policymakers, investors, and communities address the challenges and opportunities in tourism development.
References
1. World Tourism Organization (UNWTO). (2020). Tourism and COVID-19: Impacts
and Recovery. UNWTO.
2. Ashley, C., & Roe, D. (2002). Making tourism work for the poor: Strategies and
challenges. Develop00ment Policy Review, 20(3), 331-349.
3. Boley, B. B., & Green, A. R. (2016). Tourism and the Global Economy: A Brief
Overview. Journal of Tourism Economics, 8(2), 120-134.
4. Jenkins, C. L. (2015). Sustainable Tourism Financing: Models and Practices.
Journal of Sustainable Tourism, 24(7), 1043-1059.
5. Ocampo, J. A., & Ocampo, M. P. (2019). Public-Private Partnerships in Tourism:
Best Practices and Lessons Learned. Tourism Economics, 15(4), 597-609.
6. Torres, R. A., & Kline, A. D. (2019). Crowdfunding for Tourism: A New Funding
Model. International Journal of Tourism Research, 21(2), 238-252.
7. Murphy, P. E. (2013). Tourism: A Community Approach. Routledge.
