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Financial sustainability in community tourism development in the Northwest region of Vietnam

Year: 2024

Type: article

Abstract: The study aims to identify factors affecting financial sustainability in community tourism development in the Northwest. Survey data were collected from 135 tourism business households and individuals with direct and indirect income from tourism activities in the community tourism village in the Northwest region. Findings from the structure equation model (SEM) using the AMOSS 20 program indicated that climate change, holidaymaker market, infrastructure and policy have a positive impact on financial sustainability in the development of community tourism in the Northwest. The holidaymaker market has the greatest impact, followed by climate change, infrastructure, and finally policy. The study results have put forward several recommendations to maintain sustainable financial activities for local people in the community tourism development process in the locality.

Source: Tạp chí Khoa học và Công nghệ Trường Đại học Hùng Vương

DOI: 10.59775/1859-3968.223

Authors: Nguyen Danh Nam, Uong Thi Ngoc Lan

Institution: Thanh Dong University

Language: English

Topic: Community-based Tourism Development and Sustainability

Subfield: Sociology and Political Science

Field: Social Sciences

Domain: Social Sciences

SDGs: Decent work and economic growth, No poverty, Sustainable cities and communities

Open Access status: diamond

OpenAlex ID: W4408040698

FWCI:

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