Stakeholders and Public Private Partnerships Role in Tourism Management

Stakeholders and public private partnerships role in tourism management

* S. Vijayanand


Tourism is a socio-economic activity and has evolved into one of the largest and fastest growing industries of the world. While the economic benefits of tourism are well known, the research evidence indicates that the benefits of tourism are rarely equitably distributed among the key stakeholders. In this context, sustainable tourism development (STD) as a long-term approach development aims to balance social and economic objectives with environmentally sound management. The sustainable development as a strategic tool requires a process of planning and management that brings together a series of interests and stakeholders ‘concerns in the form of planning and development. Therefore, keeping in view the importance and relevance of stakeholder cooperation for sustainable tourism development, and the residents being the key stakeholders, this research examines the rural residents’ attitudes towards the impacts of the Stakeholders and public private partnerships role in tourism management. The result of the research points out that the sustainable development is important for responding to the current problems caused by tourism development, as well as to address the needs of future generations.

Key words: Stakeholders, public private partnerships, tourism, management


The   past   two   decades   saw   the   emergence   of   a   new   notion   in management   studies: the notion of   the   stakeholder. Scholars   in   the   field of management have been   investigating   the role and responsibility of businesses and the players in the organizational environment   since the   1960s,   and   this   has   given   rise   to   the   stakeholder theory that emerged   in   the 1980s.Some   recent   scholars   have   argued   that   elements   of   stakeholder   theory   can   be   traced back   to much   earlier   approaches to management. For example, Schilling(2000)argues that...