Merits and Demerits of PPP in Sustainable Tourism Development

This article discusses the merits and demerits of Public-Private Partnership (PPP) in the context of sustainable tourism development. It explores how stakeholders such as the government, local community, and tourists contribute to the growth of the industry. The article highlights the value for money, cost reduction, and risk-sharing as the merits of PPP, while low competition and risk-sharing are identified as the demerits. The case of Qatar's tourism industry is used as an example throughout the article.

Sustainable Tourism Development
Successful implication of plan of sustainable tourism development is
entirely rely on different types of stakeholder. For the tourist’s
destination like Qatar, major stakeholder consists of local community,
government, regulatory body, worker, tourists etc. Involvement of
such stakeholder has vital role in accomplishing objectives and goals
associated with development of Qatar's sustainable tourism. Hence,
the industry has been developing and growing facilitating economy an
RAISE. Hence, this is required to render benefits to people and
stakeholder linked with tourism. Here are mentioned some major
benefits of stakeholders:
Government: It can be considered as one of the major stakeholder who
has vital role in the planning of tourism and their development, State
bodies provide major contribution in the designing, planning and
budget allocation in various ways such as allocation of resources and
scarce, legislative permission, rendering effective finance and funds
along with other facilities, Entire procedure will help in designing and
coordinating events of travel and tourism in more effective manner.
Income generation from the industry travel and tourism plays
significantly in the development and growth of country's economy,
this helps in generating revenues and benefits for state as well as
promoting in the whole world. The authority of tourism is major body
who is liable for the administration and formulation of rules,
regulation, policies, legislation solicited with the promotion and
development of Qatar tourism.
Local Community: Tourism of Qatar availed direct benefits from
the local communities and society. It is majorly due to the worker
and local residents are availed employment opportunities due to
emerging tourism in Qatar. If any activities and incurring in Qatar
take place such as sports activities and business meeting, this
render great opportunities in term of monetary advantages in few
days. Also it can help in improving their standard of living along
with advancement of technologies of specific place.
Tourists: They are concerned as one of the major tourism sector
stakeholder. Some of the traveller visits places for academic
purpose, where some prefer to enjoy more enjoyment and fun
factors or some to meet their friends and family. Hence, these
stakeholder benefits the economy of country through increasing
the amount of revenues and growth of nation contributing in the
entire development of nation in adequate manner. As per the
study, more than 27,547,745 travel to Qatar each year.
Regulatory Body: Such entities has vital role in the
implementation of sustainable tourism practices to achieve the
requirement of such events. In addition to this, such authorities
also help in recognising the global trends and demands as well as
create new place along with enhancing the existing one in regard
of increasing rate of nation's tourism. They are liable for
management and encouragement the sustainable tourism
development in country.
Public and Private partnership working play a vital role in the
governing of a country and management of funds for the
organised practices by country. Private players render more
assistance in the opting more advanced technologies, expertise,
abilities to complete certain events within stipulated period of
time. On the other side, this assist in managing entire legal
demands as well as render huge amount of funds in events of
travel and tourism activities that ca be coordinate effectively. The
private and public partnership in beneficial approaches that is
opted by Qatar tourism. Here are mentioned some of the major
merits and demerits of this approaches:
Merits of Public-Private-Partnership
Value for Money: This is one of the essential merit of P is, it
creates money value. This refer to the project delivering with the
same service quality as under the received procurement for
adhere money or project deliver with high and value added
quality for same money amount.
Cost reduction: As private companies are renown for the use of
available funds efficiently and optimally. There are various
resources and practices that required government assistance and
activities at lower cost. Hence, private-public-partnership can
help in reduction of cost in the travel and tourism industry while
organising various events and activities in significant manner.
Hence, it can be opted as one of the beneficial approaches for
development.
Sharing Risk: The risk is similarly shared among the partner of
private and public entities. This is often reviewed as the essential
components as this supply more security to each entity of
partnership including the entire liabilities and debts. that
company faces.
Disadvantage of PPP
Low Competition: Prevailing of competition among market can
done in Qatar's tourism industry through the assistance of PPP
companies. But in regard of the management of evolving
environment, rivals are essential for an organisation to develop
and perform in more adequate manner. This reduce the spirit
competition in the trade.
Sharing Risk: The risk is similarly shared among the partner of
private and public entities. This is often reviewed as the essential
components as this supply more security to each entity of
partnership including the entire liabilities and debts. that
company faces.
Stakeholders Benefit from Planning Merits and demerits of PPP