2.4.1 Identification of stakeholders “Any Group or individual who can affect or is affected by the achievement of the organization objectives” (Freeman, 1984, p.46) is a stakeholder. Stakeholders include any person, group, or institution that is affected good or badly by a specific issue or its outcome. In this research paper the word stakeholder will be used in reference to institution, people or communities who effect or are affected by tourism product or services directly or indirectly. While
Tourism has become the new mantra globally, for creating employment, increasing tax receipts, empowering communities and developing backward regions. It is increasingly being viewed as the most potent tool to create and sustain prosperity. The UNWTO marking the observance of World Tourism Day on September 27, 2015 started the campaign “One Billion Tourists, One Billion Opportunities” spotlighting the transformative potential of tourism and its capability to address some of the world´s most pressing
In today’s business where stakeholders not only demand companies to conduct Corporate Social Responsibility (here after abbreviated as CSR) but also to provide related data and information about its scopes, quantity, progress, and achievements (de Grosbois, 2015), communicating CSR should be a common practice. CSR is successful when it is both well implemented and communicated (Du et al. 2010) because businesses cannot hope to enjoy concrete benefits from CSR unless they intelligently communicate
of the global tourism and hospitality industry. Due to the easy availability and affordability of transport and lodging, the tourism industry shows no sign of slowing down even in the terms of crisis. Government and private sector businesses also played vital role encouraging the rapid growth of travel and tourism industry, whereas all the addressed needs for travelers was recognized and have been accomplished. 2015 is proved to be another on-going successful year for the tourism and travel industry
antagonistic attitude towards the government and management authority. Some of the local communities may worry the tourism development directly threaten the site’s integrity. “East Rennell”, a natural World Heritage in the Pacific is a good example of demonstrating the impact of “unrealized expectation”. A study reported that the local communities envisaged that nomination would only boost the tourism development, but also regarding the building of new infrastructures like hospitals, flyovers and transport
partnerships and facilitating good governance. Through partnerships organizations, government and communities are able to collectively address concerns and determine mutually agreed upon objectives that will benefit all stakeholders involved, thus embarking on a more sustainable approach to tourism development. The studies that have been carried indicate that a partnership is a valuable instrument and there are hundreds of partnership have been formed worldwide during the past two decades. There are good number
“Water resources management is the process of decision-making on assessment, allocation, use, regulation, monitoring and development of surface and underground water sources” (based on EC, 1998). Water is known as the one of the most important substances on earth. All plants and animals require water to survive. There would be no life on earth if there was no water. People have many more other uses for water other then drinking it to survive. As the water is the most influential substance on earth
As the interdependence between countries and even industries, is growing due to the globalization, and because tourism industry is the widest economic activity in the world with every day five to eight million people travelling internationally (Glaesser, 2012); it is important to understand the future trends and challenge of this particular industry. What will tourists do in 2030, how they will feel, what they will need, who will they be, and how can the field cope with those changing? This are important
Tourism is the world’s largest and one of the emerging industries worldwide (UNCTAD, 2007). As mentioned above, tourism is one of the major industries in many countries, including Sri Lanka, with the highest growth potential. Tourism considers as the world’s largest employer and also considers as major sources of substantial foreign exchange earner to any country (Blank, 1991 & Richards, 2003). According to Beeton (2006), tourism is one of the major means that helps to development of local community
Tourism has been widely considered one of the world’s largest and fastest growing sectors for contributing to economic development (United Nations World Tourism Organisation [UNWTO], 2011). In many countries, tourism has an important role in creating direct and indirect employment and contributes to income generation. Tourism in developing and least developed countries is one of the main sources of foreign exchange earnings, and one of the significant tool for reducing poverty (UNWTO, 2013) and achieving