Finance and Funding in the Travel and Tourism Sector

Finance and Funding Travel and Tourism
Various Sources of finance that would be implemented for tourism development
INTRODUCTION
In this poster the sources under which funds would
be determined. This would be done so that growth
can be carried out in respect of several tourist
destinations.
The main sources of funds are:
Public finance- These are the sources under which funds would be
accessible on mandatory basis and that will be covering taxes, Social
funds, different funds that are made for growth of regions.
Department of media and culture both also provides funds under this
together with private bodies.
Private finance- These are those kind of sources which can be
obtained by paying some charges such as borrowings from banks,
equity financing and the other method is from the joint ventures.
SOURCES OF FINANCE PUBLIC TOURIST DESTINATIONS- They
will be including the places which will be
used by public in general such as cross
railway projects and places related to heritage.
NON PUBLIC TOURIST DESTINATION-
In this the development will be carried out in
respect of the places which are visited by
people by making personal payments and will
be including theme parks and resorts.
In the development of various tourist spots the
funds will be taken from private as well as
public sources of finance.
CONCLUSION