Ecotourism Essay

29930 Words Nov 9th, 2013 120 Pages
Ecotourism Investment and Development Models: Donors, NGOs and Private Entrepreneurs

Susan Heher smh53@cornell.edu Johnson Graduate School of Management School of Hotel Administration Cornell University December 2003

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INTRODUCTION OVERVIEW OF SUSTAINABLE TOURISM AND ECOTOURISM

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SUSTAINABLE TOURISM AND ECOTOURISM COMMUNITY BASED ECOTOURISM THE SCALE OF ECOTOURISM MARKET DEMAND 2. DEVELOPMENT ASSISTANCE FROM DONORS AND AID AGENCIES

THE RISE OF DEVELOPMENT ASSISTANCE FOR SUSTAINABLE TOURISM PROJECTS OVERVIEW OF TYPES OF DEVELOPMENT INSTITUTIONS AND ASSISTANCE GOALS AND OBJECTIVES OF DEVELOPMENT AGENCIES AND NGOS THE ROLE
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Far less has been written on role of private sector entrepreneurs in growing ecotourism, although the mantra of private sector led development is touted by nearly all the major players in some form. The genesis for this paper was a conversation with Neel Inamdar of the Ecotourism Society, who posited the question as to whether or not ecotourism is more about development or if it is really a business model. Ecotourism as a term encompasses both conservation and social development, as well as a niche business model within the larger tourism industry. However its use as a development model seems to have been favored over its place as a business model, with the result that ecotourism enterprises have been characterized by a high rate of failure and ecotourism as a development model has not achieved its envisaged environmental and social benefits. The second major impetus for the paper was the realization that while much has been written about the environmental, social and developmental aspects of ecotourism, very little has been written about its financing or investment models in ecotourism. Financing is generally reported to be the overwhelming constraint to the development of the industry, and this spurred me to want to take a look at the different sources and models of investment in ecotourism. Given the fragmentary nature of the industry, and the lack of quantitative information that has been published

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