Restaurant Plc's Travel and Tourism Project: Finance and Funding

This report provides an overview of finance and funding strategies for capital projects in the travel and tourism sector, focusing on Restaurant Plc's theme park and pedestrian finger-post projects. It identifies key funding sources such as the Department of Culture, Media and Sports (DCMS) and regional development funds, highlighting their roles in supporting cultural heritage and local development. The report emphasizes the importance of these sources in enabling economic success and promoting projects through digital media. It also details capital projects like resort parks, tourism information points, and interpretation boards, essential for enhancing tourism experiences. The conclusion underscores the need for active participation from all stakeholders to manage project activities effectively and leverage DCMS for wider promotion and growth, with more resources available on Desklib for students.

FINANCE AND FUNDING IN TRAVEL AND TOURISM
INTRODUCTION
Capital projects are all such appraisals which require huge amount
of capital get investment into it. It is essential to facilitate
development and modification in large and big projects so that
timely modifications get done in an adequate manner. Restaurant
Plc wants to start a theme park in which various number of rides
and projects get executed in an adequate manner. For this relation,
more and more fund is required. Thus, managers have to identify
all such sources from where they become able to arrange fund.
Along with this, another project which is about to start is Pedestrian
Finger-posts through which every traveller become able to find out
their path properly. Managers of a company find out various
sources of finance which are helpful for them in arranging more
and more amount to execute them.
Capital projects
Some major number of plans which are related with the capital
projects are as follow:
1. Resort park
2. Pedestrian finger spots
3. Tourism Information Points
4. Interpretation Boards
These are the capital projects which have to get started by
Restaurant plc for making their operations effective in nature. It is
essential for the to analyse all such sources which are helpful for
them in arranging more and more amount of fund for implementing
the project in an adequate manner.
Sources of finance
 Department of culture, media and sports: It is a department who is responsible to
maintain proper culture in a country. They are highly contributing in managing all
projects which are related with heritage aspects. They also have to broadcast information
through digital media and internet for making and providing proper information about
new projects as well. Restaurant Plc can utilise them in allocating some fund through
which they become able to implement such projects properly. For gaining the economic
success, DCMS contribute more and more in economy. Thus department have to provide
proper information about project through internet so that vast range of people get
attracted towards there.
 Regional development fund: Another government run body who is helpful in arranging
fund for such capital projects is regional development fund. This body is helpful in
providing fund for improving condition of a particular locality. Restaurant Plc can use
regional development fund in setting finger posts through which every visitor become
able to interpret the information properly and reach to right direction as well as chances
of loot with them get reduce.
CONCLUSION
This growth will only become enable with
support of each and every factors contribution
in such sector. Reference group have to take
active participation in such relation to manage
every flow of activity properly. By using
DCMS, an organisation become able to
promote such projects at wide level and
enhance growth as well.