Financial Instruments for Tourism Development: Challenges and Opportunities

Abstract

Currently, the development of tourism faces many challenges that make this industry extremely unstable due to political, medical and economic fluctuations. All the ups and downs are usually outside the control of tourism. One of the most important economic problems associated with tourism is the lack of investment and financing. This is a serious problem, considering that tourism is one of the largest employers of labor in the world, and its development has huge benefits for the economy. The purpose of this article is to consider the problems and opportunities in the field of tourism financing. For the purposes of the study, we have achieved a substantial and relevant analysis and research on the main areas of financial support of tourism.

O‘zbekistonda turizmni rivojlantirishning moliyaviy mexanizmlari: tahlil va istiqbollar

“…Ushbu maqolaning maqsadi turizmni moliyalashtirish sohasidagi muammolar va imkoniyatlarni ko'rib chiqishdir. Tadqiqot maqsadida turizmni moliyaviy qo'llab-quvvatlashning asosiy yo'nalishlari bo'yicha jiddiy va dolzarb tahlil va tadqiqotlarga erishildi (1) 1 .…”

Empowering Tea Tourism through Community Participation: A Conceptual Study

“…Ooty's communities are a testament to the beauty of diversity and the importance of cultural preservation in the face of change, offering visitors a lesson in harmonious coexistence with nature. In recent years, the traditional model of tourism has faced mounting challenges, ranging from environmental degradation and cultural commodification to the unequal distribution of economic benefits (Gudkov et al, 2021). Against this backdrop, the concept of community participation in tourism has gained recognition as a viable alternative that can address these issues by involving local residents in decision-making processes and embracing sustainable practices.…”