Tourism Investment and Finance

GSTA

Global Sustainable Tourism Alliance

TOURISM INVESTMENT AND FINANCE

ACCESSING SUSTAINABLE FUNDING AND SOCIAL IMPACT CAPITAL

Sustainable Tourism: International Cooperation for Development

ONLINE TOOL KIT AND RESOURCE SERIES

4

Sustainable Tourism: International Cooperation for Development

ONLINE TOOL KIT AND RESOURCE SERIES



ST101. Global Tourism Achieving Sustainable Goals

ST102. Project Development for Sustainable Tourism A Step by Step Approach

ST103. Tourism Destination Management Achieving Sustainable and Competitive Results

ST104. Tourism Investment and Finance Accessing Sustainable Funding and Social Impact Capital

ST105. Sustainable Tourism Enterprise Development A Business Planning Approach

ST106. Tourism Workforce Development A Guide to Assessing and Designing Programs

ST107. Tourism and Conservation Sustainable Models and Strategies

ST108. Scientific, Academic, Volunteer, and Educational Travel Connecting Responsible Travelers with Sustainable Destinations

ST109. Powering Tourism Electrification and Efficiency Options for Rural Tourism Facilities

GSTA

Global Sustainable Tourism Alliance

TOURISM INVESTMENT AND FINANCE

ACCESSING SUSTAINABLE FUNDING AND SOCIAL IMPACT CAPITAL

Sustainable Tourism: International Cooperation for Development

ONLINE TOOL KIT AND RESOURCE SERIES

Primary Authors Jim Phillips Jamie Faulkner Solimar International

Contributors Roberta Hilbruner, USAID Donald E. Hawkins, George Washington University

This publication is made possible by the support of the American People through the United States Agency for International Development to the Global Sustainable Tourism Alliance cooperative agreement #EPP-A-00-06-00002-00. The contents of this publication are the sole responsibility of the author(s) and do not necessarily reflect the views of USAID or the United States Government.

Table of Contents

Table of Contents..................................................................................................................................................................... 1 Acronyms .................................................................................................................................................................................... 2 Preface.......................................................................................................................................................................................... 4 Unit 1: Identify Trends and Opportunities.................................................................................................................... 6 Unit 2: Evaluate Investment Environment ................................................................................................................ 21 Unit 3: Project Identification............................................................................................................................................. 33 Unit 4: Financial Feasibility............................................................................................................................................... 49 Unit 5: Project Definition, Design, and Promotion...................................................................................................55 Unit 6: Identify and Access Funding .............................................................................................................................. 63 Unit 7: Monitor and Evaluate Sustainable Tourism Investment and Finance Projects............................80 Glossary .....................................................................................................................................................................................92 References ................................................................................................................................................................................95 Annex A: RFP Example from ...................................................................................................... 100 Annex B: Tourism Sector Diagnostic Tool Investment Drivers....................................................................... 103

In accordance with Title 17 U.S.C. section 107, any copyrighted material herein is distributed without profit or payment for non-profit research and educational purposes only. If you wish to use copyrighted materials from this publication for purposes of your own that go beyond "fair use," you must obtain permission from the copyright owner.

International Institute for Tourism Studies The George Washington University 2201 G Street, NW

Washington, DC 20052

Acronyms

AED -- Academy for Educational Development ADB -- African Development Bank AFD -- French Development Agency AI -- African Investor BRIC -- Brazil, Russia, India, and China CI -- Conservation International CEED -- Center for Entrepreneurship and Executive Development CREST -- Center for Responsible for Travel CSR--- Corporate Social Responsibly DANTEI -- Development Assistance Network for Tourism Enhancement and Investment DAI -- Development Alternatives, Inc. DMO -- Destination Management Organization ESTA -- Ecuador Sustainable Tourism Alliance FDI -- Foreign Direct Investment GDP -- Gross Domestic Product GEF -- Global Environment Fund GDA -- Global Development Alliance GIIN -- Global Impact Investing Network GSTA -- Global Sustainable Tourism Alliance GSTC -- Global Sustainable Tourism Criteria GW -- The George Washington University IC -- Investor's Circle IDB -- Inter-American Development Bank IFC -- International Finance Corporation IFI -- International Financial Institutions IPA -- Investment Promotion Agency IPI -- Investment Promotion Intermediaries

TOURISM INVESTMENT & FINANCE

2

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download