Tourism is one of the fastest growing industries in the world, and Asia is one of the hottest destinations. Though it generates sizable economic effects, there is a growing recognition that tourism is a double-edged sword. For example, large numbers of tourists can seriously damage the natural and cultural heritage of destinations. However, there are plenty of options available to policymakers to promote sustainable tourism which benefit both visitors and hosts.
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Author: scottwayne
Airlines & Sustainability? None earning high marks.
I just reviewed the “atmosfair Airline Index” for 2018, which is published by the non-profit “atmosfair” organization. I found the results dismal and disappointing. Perhaps my expectations were too optimistic and unrealistic. An average flight spews hundreds of kilograms of CO2 into the atmosphere, although the longer the flight, the more climate efficient the flights […]
Global Travel, Tourism, and Hospitality as a Strategic Sector for Development and Security
Demonstrating the strategic importance of travel and tourism globally, the Washington, DC-based Center for Strategic and International Studies (CSIS) just published the “Global Travel, Tourism, and Hospitality as a Strategic Sector for Development and Security Report,” which I co-authored with Daniel Runde, Senior VP of CSIS and Director of the Project on Prosperity and Development. […]
Tackling Overtourism
Helpful article from Jonathan Tourtellot about hashtag#overtourism: https://lnkd.in/ey8nypv in National Geographic Traveler. Useful advice for travelers. The issues highlighted in the article — overcrowding, waste management, degradation of local cultural and nature-based heritage, overwhelmed transport, rising rents, etc — are issues that can be mitigated (or prevented in emerging destinations) and controlled with sensible local […]
The African Development Bank’s Priorities – Energy, SMEs, Jobs for Youths–> Tourism can help!
April 21st, 2017 This week, Dr. Akinwumi Adesina, the President of the African Development Bank, described the progress and priorities of the Bank in a session at the Center for Global Development on The Challenge and Logic of Greater Financing for Africa. The President presented his “High Fives”: Not surprising, tourism was not mentioned as a priority […]
Why tourism can’t yet tap into climate and green bonds for financing
Sourcing financing is always on my needs list for tourism development projects. So when a new potential source is reported, it catches my attention. This is exactly what happened last week with the following headline on Greenbiz.com: “Why Starbucks issued its first ‘sustainability’ bond.” The story followed up on a news announcement in May from […]
Zambia Launches New Tourism Policy Soon: A Destination on the Rise
October 14th, 2015 Last week, Zambia’s Ministry of Tourism and Arts unveiled its new national Tourism Policy. The Policy provides a strategic framework for the sustainable development of tourism in Zambia. It also specifies roles for a cross-section of public and private sector stakeholders. And most importantly, the Policy positions the tourism sector as one […]
Enhancing Brand Africa, Fostering Tourism Development – UNWTO Survey for AHIF Bench Events
The Africa Hotel Investment Forum organized by Bench Events ended today in Addis Ababa. At UNWTO’s request, Bench Events were asked to present the investment community’s perspective of what Brand Africa represents. They conducted a survey on doing business in Africa and media influence and then presented the results at http://www.africa-conference.com/index.php/forms/unwto-presentation. The summary and presentation […]
Four Reasons Tourism is Strategic for Economic Growth
UNWTO Secretary-General Taleb Rifai gave an interesting today in Madrid in which he highlighted four key reasons why tourism is a strategic pillar for fostering economic growth and promoting employment. Here is an excerpt from his speech: 1. Tourism creates jobs at a rate higher than many other sectors. We all know tourism is one of […]
SW Associates Presents Tourism Investment Report to COMCEC
At the Third Tourism Working Group meeting of the Standing Committee for Economic and Commercial Cooperation of the Organization of the Islamic Cooperation (COMCEC), SW Associates President Scott Wayne and Senior Tourism Consultant Manuel Knight presented a comprehensive report on tourism investment globally and in COMCEC’s 57 member countries. Tourism is one of the world’s fastest […]