Part I of the book explores financial inclusion's critical role in tourism development, particularly in emerging markets, featuring groundbreaking research on mobile money innovations and conservation financing. The second section delves into strategic financial management and performance metrics in the tourism industry, offering valuable insights into crisis resilience and business sustainability. The final section presents illuminating case studies from diverse global contexts, from China's privatized nature-based tourism to Caribbean economic stability.
Drawing on empirical research and featuring studies by leading scholars, this volume examines crucial topics including:
Financial inclusion's impact on tourism demand in developing economies
Mobile money's role in conservation and community-based tourism
Strategic financial management in the hospitality sector
Crisis response and resilience in tourism businesses
Privatization of tourism resources and international capital markets
Essential reading for policymakers, tourism industry professionals, researchers, and students in tourism economics, development studies, and financial management, this book provides a comprehensive framework for understanding the financial dimensions of modern tourism. It was originally published in Tourism Recreation Research.
Tzung-Cheng (TC) Huan is Professor at National Chiayi University and a former President of Tainan University of Technology.
Shenglin Ben is Professor and Dean at the International Business School and Academy of Internet Finance, Zhejiang University, and a former China Country Head of ABN AMRO, HSBC, and China CEO of JP Morgan Chase Bank.