“Nature based solutions” are innovative solutions, which are inspired from nature, and applied to contemporary societal problems such as climate change, overtourism, poverty alleviation, and so on. The research on “nature-based solutions” in tourism is rudimentary and the main objective of this study is to identify and conceptualize the nature-based solutions in tourism. For this purpose, a hybrid literature review has been conducted in the scientific fields of tourism and hospitality as well as agriculture, building sector, and urban planning. An examination of the characteristics of the nature-based solutions have led to its conceptualization based on six constituent dimensions such as empowerment of stakeholders, monitoring the state of natural environment, economic development of residents, adoption of environment-friendly solutions, and changing the mind-set of stakeholders. Finally, limitations of the current study have been identified and some recommendations for further research have been provided.