You are currently the owner a small Hotel on the coast of an island within the Caribbean. The hotel occupies 1 acre of land next to a fishing village and farming district. You have a staff of 10 people, the water, electricity, and waste management cost are high, and the hotel is barely breaking even. When the septic tank is full, and you are unable to pay to remove the waste it is released into the sea at night. The corals around the hotel have been dying quickly and tourists are complaining about the declining quality of the reefs. Currently, much of the food used at the hotel is imported and the tourists have limited interaction with locals within the surrounding community. The government has decided to give sustainable tourism development grants of up to USD $250,000.00 to small struggling Hotels who can demonstrate via a project concept proposal that their operation can offer significant social and environmental benefits to their surrounding communities. In addition, these Hotels that hope to qualify must demonstrate a potentially high return on investment on the grant funds provided. Tourism Proposal that Contributes to Sustainable Development 1-Evaluate the key strategies you will use to address the sustainable development challenges? 2-If that these challenges are addressed what are the potential environmental, social and economic benefits? 3-What is the return on investment expect and what evidence do you have to support this?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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You are currently the owner a small Hotel on the coast of an island within the Caribbean. The hotel occupies 1 acre of land next to a fishing village and farming district. You have a staff of 10 people, the water, electricity, and waste management cost are high, and the hotel is barely breaking even. When the septic tank is full, and you are unable to pay to remove the waste it is released into the sea at night. The corals around the hotel have been dying quickly and tourists are complaining about the declining quality of the reefs. Currently, much of the food used at the hotel is imported and the tourists have limited interaction with locals within the surrounding community. The government has decided to give sustainable tourism development grants of up to USD $250,000.00 to small struggling Hotels who can demonstrate via a project concept proposal that their operation can offer significant social and environmental benefits to their surrounding communities. In addition, these Hotels that hope to qualify must demonstrate a potentially high return on investment on the grant funds provided.

Tourism Proposal that Contributes to Sustainable Development
1-Evaluate the key strategies you will use to address the sustainable development challenges?
2-If that these challenges are addressed what are the potential environmental, social and economic benefits?
3-What is the return on investment expect and what evidence do you have to support this?

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ISBN:
9781337406659
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