Aspect of economic sustainability through tourism requires

Reference no: EM133409562

Question: Revenue generation for Banff locals is the first way that tourism in the area can be economically sustainable. When tourists come to Banff, they will spend money on goods and services for their personal enjoyment or recreation. Some of the money spent is beneficial to the locals in the Banff community; when money is spent at local small businesses, such as small cafes like the Whitebark Cafe or Evelyn's Coffee Bar, the money is returned to the community. This revenue allows Banff locals to thrive and continue to provide goods and services for tourists. However, major corporations also exist in Banff. Cafes such as GoodEarth or Starbucks are chain companies. When tourists spend their money in these locations, the funds go to large corporations and external stakeholders instead of the locals. This aspect of economic sustainability through tourism requires tourists to support local businesses and the community that they are visiting instead of larger companies.

Give three sources (with links) of revenue stats on tourism within Banff.

Reference no: EM133409562

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