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Prospective tourist preferences for sustainable tourism development in Small Island Developing States |
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| Institution: | 1. Faculty of Business, Valencian International University, Spain;2. Faculty of Business and Communication, Department of Business, International University of La Rioja, Spain;3. Department of Spanish and International Economics, Faculty of Economics and Business, University of Granada, Spain;4. Faculty of Economics, University of Valencia, Spain |
| Abstract: | Tourism development is crucial for economic growth in Small Island Developing States, but its management involves trade-offs between ecosystem services and social and cultural identities. This paper aims to contribute to the debate around the achievement of the Sustainable Development Goals through an investigation of the sustainable management of tourism and coastal ecosystem services. The paper presents a choice experiment and latent factor analysis to disentangle relevant aspects of sustainable tourism in Small Island Developing States for potential visitors. Willingness to pay is reported for the different factors revealing preferences variability for previous and prospective visitors. Pro-environmental attitudes influence individual tastes and policy makers should consider these traits in order to attract visitors and private funding. Our findings show that prospective tourists are interested in the wider aspects of the tourism experience which in turn require the careful management of social and environmental resources in Small Island Developing States. |
| Keywords: | Sustainable tourism Small islands developing states Latent factor analysis Choice experiment Ecosystem services |
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