Impediments to tourism investment in Australia: A scoping study

Tkaczynski, Aaron, Driml, Sally, Robinson, Jacqueline and Dwyer, Larry (2011) Impediments to tourism investment in Australia: A scoping study. Tourism Review International, 14 2-3: 117-128. doi:10.3727/154427211X13044361606414


Author Tkaczynski, Aaron
Driml, Sally
Robinson, Jacqueline
Dwyer, Larry
Title Impediments to tourism investment in Australia: A scoping study
Journal name Tourism Review International   Check publisher's open access policy
ISSN 1544-2721
1943-4421
Publication date 2011
Sub-type Article (original research)
DOI 10.3727/154427211X13044361606414
Volume 14
Issue 2-3
Start page 117
End page 128
Total pages 12
Place of publication Putnam Valley, NY, United States
Publisher Cognizant Communication
Collection year 2012
Language eng
Abstract This article reports on a scoping study identifying the impediments to tourism investment in Australia. It focuses on regional perspectives to present an understanding of tourism investment in metropolitan, regional, and remote tourism destinations. Despite the 2009 Jackson Report outlining several supply-side inhibitors to tourism development in Australia, the key impediments for tourism investment are not well covered in the tourism literature and are rarely brought together in an integrated manner. To identify these investment impediments, a case study approach, employing semistructured interviews with tourism industry and government representatives in several metropolitan, regional, and remote locations throughout Australia, was conducted in early 2010. Low profitability and variable demand were frequently nominated as the most significant impediments to investment by the majority of the interviewees. However, each location has its own unique circumstances and impediments to investment, underpinned by the type of economic development of the region, local planning controls and regulations, as well as issues particular to tourism such as location and natural and/or cultural attractions. A number of recommendations are formulated based on the findings from the case studies that emphasize the identification, monitoring, and publicizing of facilitators of investment and strategies to overcome impediments.
Keyword Australia
Case study
Tourism investment
Q-Index Code C1
Q-Index Status Confirmed Code
Institutional Status UQ
Additional Notes NZTHRC 2010 Special Issue

Document type: Journal Article
Sub-type: Article (original research)
Collections: Official 2012 Collection
UQ Business School Publications
 
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Created: Wed, 04 Jan 2012, 12:00:53 EST by Jane Malady on behalf of School of Tourism