INVESTING IN SUSTAINABLE TOURISM

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1 INVESTING IN SUSTAINABLE TOURISM Domingo Ramon C. Enerio, Tourism Committee On the occasion of the Visayan Area Business Conference & Expo Bacolod City, 29 August 02 September 2018 Definition Expressed simply, the United Nations World Tourism Organization defines sustainable tourism as: "Tourism that takes full account of its current and future economic, social and environmental impacts, addressing the needs of visitors, the industry, the environment and host communities" 1

2 A suitable balance must be established to ensure sustainable tourism: 1) Make optimal use of environmental resources that constitute a key element in tourism development, maintaining essential ecological processes and helping to conserve natural heritage and biodiversity. 2) Respect the socio cultural authenticity of host communities, conserve their built and living cultural heritage and traditional values, and contribute to inter cultural understanding and tolerance. 3) Ensure viable, long term economic operations, providing socioeconomic benefits to all stakeholders that are fairly distributed, including stable employment and income earning opportunities and social services to host communities, and contributing to poverty alleviation. Why Tourism: Tourism is one of the fastest growing economic sectors in the world The business volume of tourism equals or even surpasses that of oil exports, food products or automobiles. This global spread of tourism in industrialised and developed states has produced economic and employment benefits in many related sectors from construction to agriculture or telecommunications. International tourist arrivals grew by 4.6 % to 1,184 million (in 2015); international tourism generated US$ 1.5 trillion in export earnings; UNWTO forecasts a growth in international tourist arrivals of between 3.5% and 4.5% (in 2016) By 2030, UNWTO forecasts international tourist arrivals to reach 1.8 billion (UNWTO Tourism Towards 2030) The contribution of tourism to economic well being depends on the quality and the revenues of the tourism offer. 2

3 PHILIPPINE TOURISM Arrivals (01 05/18) Arrivals (01 05/18) Percentage Increase WORLD 3,177,974 2,882, KOREA 705, , CHINA 559, , U. S. A. 463, , JAPAN 275, , AUSTRALIA 120, , CANADA; 7 TAIWAN; 8 UNITED KINGDOM; 9 SINGAPORE; 10 MALAYSIA; 11 HONGKONG; 12 INDIA Department of Tourism / 3

4 Promote investments in the 5As: STRATEGY 4

5 ARRIVAL Airports Seaports Travel Agencies Tour Operators Tour Guides Basic Amenities at the Port And many more ACCESS Roads Bridges Basic Infrastructure Water & Sewerage Energy Telecom Buses Car / Van Rental And many 2018 Samie Lim 5

6 9/3/2018 ACCOMMODATION ATTRACTIONS Hotels Bed & Breakfast inns Homestay establishments Clinics and Health facilities Spa & Massage Souvenir shops Coffee shops and bake shops Restaurants And many more Man-made Malls Casinos Theme parks Historical sites Pilgrimage sites Museums Eco/farm sites And many more 6

7 ATTRACTIONS Natural Beaches Lakes Waterfalls and Rivers Mountains Caves Forests And many more ACTIVITIES Shopping Meetings and Conventions Beauty & Wellness Culinary Tourism Sports & Recreation And many more 7

8 ACTIVITIES Agri/farm tourism Medical/dental tourism Spas & Resorts Short education courses And many more Sustainable tourism development requires the informed participation of all relevant stakeholders, as well as strong political leadership to ensure wide participation and consensus building United Nations World Tourism Organization (UNWTO) 8

9 Public Private Partnership Local Government Political Resolve and Ethical Leadership infused with Private Business Knowhow and Capital Public Sector Clear Pronouncements in favor of Tourism Formulation of Guidelines to facilitate investments Provision of Attractive Incentives to Tourism Investors LGU assistance Marketing and Promotions Support Private Sector Formation of a Tourism/Business Council to support LGU initiatives Joint Partnership between investors and local project proponents Adherence to sustainability guidelines and rules Marketing and Promotions Support Thank you! 9

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