GRIFFITH UNIVERSITY

A GUIDE TO SUSTAINABLE TOURISM IN DEVELOPING COUNTRIES

A guide to sustainable tourism in developing countries

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ATTRACTING INVESTMENT Funding can come from government and non-government sources and will require substantial documented information for consideration. A business plan proposal with a detailed budget will need to be created to attract investment. This needs to be a strategic professional document that can include: • Vision • Mission Statement • Objectives • Target Markets • Competitor Analysis & SWOT • Core Strategies • Budget • Timeline • Measurement and Evaluation Other documentation may also be required including research and data collected, permits and reports, environmental studies and proof of community support. Investors will want to know what is in it for them, how they will benefit, what are the returns on their investment and how long it will take to see the results. QUESTIONS? Does your destination have cultural tourism opportunities? What nature-based and nature heritage tourism initiatives exist? Do you know the possible positive and negative environmental impacts your operation will cause? Are you prepared with professional documentation to be seeking investment? 69

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