Decision Support Tools: Australian Tourism Investment Report

This report provides an in-depth analysis of tourism investment opportunities in Australia, focusing on two prominent ventures: Eco Tourism Australia and Venture North Safaris. The report examines the nature of their businesses, their aims, the types of services they offer (site-based tourism with online booking), and their target customers. Eco Tourism Australia is highlighted as a non-profit organization promoting sustainable tourism, while Venture North Safaris is presented as a unique venture offering tours of the Northern Territory. The report emphasizes the importance of understanding target markets and financial factors for successful tourism ventures. It concludes by underscoring the potential for these ventures to contribute to both economic growth and environmental conservation, particularly in the context of Australia's unique natural environment. The report also references key academic sources that support the analysis.

Running head: DECISION SUPPORT TOOLS
Decision support tools
Name of Student
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Author Note

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Table of contents
Introduction................................................................................................................................2
Nature of business......................................................................................................................2
Aim of the business....................................................................................................................3
Type of business.........................................................................................................................3
Target customers........................................................................................................................4
Future scope of the business......................................................................................................4
Conclusion..................................................................................................................................5
Reference....................................................................................................................................6

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Introduction
The report focuses on the investment of tourism and tourist group in Australia. The
report focuses on the opportunities that Australia presents to the people around the world to
get attracted to the particular tourism spots in the country. Tourists ventures are identified
that can attract people capable of affording the tourism sectors. The aim of the report is to
identify the nature and type of business that needs that provides an attraction to the
customers. The aim of the tourism venture is identified and the target market is determined in
order to understand the ways by which one can improve the business. A long-term goal is
identified that can help in the improvement of the business. The report focuses on two
ventures of Australia that specialises in providing a proper tour of the regions of Australia.
These ventures include Eco Tourism Australia and Venture North Safaris. These two
ventures are diverse and aim to provide the best experience to the customers in terms of
experiencing the richness of the natural environment in Australia.
Nature of business
Eco Tourism Australia is a non-profit organisation that focuses on sustainability of the
environment and is responsible for attracting tourism from various cultures. The nature of the
business is such that the tourism centre represents more than 500 eco-tourism operators in the
country. It also sells about 1500 products across the country. These products are normally for
promoting the welfare of eco-tourism and attract customers to use the services it provides. It
protects the parks by involving operators and investing in the future (Ecotourism.org.au,
2017).
Venture North Safaris is another tourism venture in Australia that provides a proper
guide to the places in the Northern region of the country. The tourism venture is unique and

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provides a considerable amount of tourism attraction and knowledge about the places situated
in the Northern Territory of the country. It ensures proper quality of equipment and the safety
of the people while travelling in the country. These tour vehicles provide an opportunity of
growth for the tourism venture (Tours, 2017).
Aim of the business
The aim of Eco Tourism Australia is to provide a sustainable tourism opportunity for
the people. The principles related to eco tourism are followed and the experience of the
guides help people to encounter a happier and safe experience while travelling. It collaborates
with various industrial sectors such as ecotourism operators, education institutions and
travellers to develop the more sustainable growth of the business (Ecotourism.org.au, 2017).
Venture North Safaris aims at providing a unique experience to people all over the
regions of Northern Territory. The tourism venture has managed to acquire permission that is
required for exploring the unexplored regions of the North. This provides for a unique
experience for the people residing in the region and in Australia. Such permission provides
opportunities to interact with the wildlife in Australia (Tours, 2017).
Type of business
The ventures identified in the report provides for online booking for site-based
tourism. As mentioned by Canavan, (2016), tourism culture needs to be maintained in order
to attract people from different sectors. The sustainability approach of the business helps in
providing a safer environment for the people to travel in. The online booking facility helps in
accessing the customers that are capable of travelling to the regions. This can help to
determine the level of people that need to be managed at a time. The unique thing about the
tourism business is the fact that it provides opportunities to explore the regions that normally

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remain unexplored when travelling without the assistance of a tourist guide in a place. The
experience of the guides helps in the promotion of tourism sectors in the country. The site-
based business is an excellent opportunity to increase the scope of the business and
investments can be made in terms of improving the quality of services and the site in which
the people are taken for tours.
Target customers
Russon & Wallis, (2014) stated that targeting customers could help in managing the
aims and goals of an organisation. In this regard, it can be said that in the case of tourism
ventures target customers help in the proper planning of the business. The target is based on
the criteria that are set up by the ventures. Eco Tourism Australia and Venture North Safaris
aim that customers need to have interest in availing the facilities provided to them. In the case
of Venture North Safaris, the tourism company provides special vehicles for the tour of the
region. Customers wanting to view the Northern Territory need to have interest in the
availing any vehicle provides to them. Financial factor is also another criterion that needs to
be met. The tours conducted are expensive and require customers to carry sufficient cash for
providing the fees of the tours. Apart from this, additional criterion includes the disciplined
nature of the customers. This is important for a tourism venture like Eco Tourism Australia
that promotes the sustainable development of the region.
Future scope of the business
Keeping the target criteria in mind, the tourism ventures can aim to establish itself as
the leading sectors in the promotion of tourism facility in the country. In the next ten years,
the sector can help in the conservation of the natural environment and promote the
importance of maintaining a sustainable and environmentally friendly practise throughout the

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country. Hence, it can be said that the future scope of the ventures is to help in the
preservation of the ecological system and cherish the gift of nature in the country.
Conclusion
Thus, it can be concluded that investing in the tourism sector require proper analysis
about the type and nature of a business. The aim of the tourism ventures needs to be such that
it can help in the growth as well as the conservation of the natural environment. The criteria
for customer management are an important aspect for the promotion of tourism in Australia.
This can help in the conservation of the environment and maintain the ecology.

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Reference
Canavan, B. (2016). Tourism culture: Nexus, characteristics, context and
sustainability. Tourism Management, 53, 229-243.
Ecotourism.org.au. (2017). Ecotourism.org.au. Retrieved 1 September 2017, from
https://www.ecotourism.org.au/
Russon, A. E., & Wallis, J. (Eds.). (2014). Primate tourism. Cambridge University Press.
Tours, N. (2017). Venture North Safaris. Venture North Safaris. Retrieved 1 September 2017,
from https://venturenorth.com.au/