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MARKET PLANNING/ENGINEERING SOCIOECONOMIC LEGAL/BUSINESS
Tourist attractions Infrastructure Local attitudes Private/public/nonprofit
attitudes
Tourist facilities Communication/transportation Labor force
Transportation modes Urban services Support services/products Existing promotion
Existing market Land availability Business perception
Competition Environmental/ecological Legislation affecting tourism
Future trends Potential/constraints of alternate sites
Future tourist profile
SYNTHESIS OF BASIC DATA
SELECTION OF DEVELOPMENT AREAS
PREPARATION OF AREA WIDE MASTER PLANS
ENVIRONMENTAL IMPACT COSTS
PRELIMINARY ECONOMIC FEASIBILITY
DEVELOPMENT PLAN ADMINISTRATIVE & LEGAL
PLAN
OVERALL FINANCIAL FEASIBILITY
Exhibit 50: Steps in the development process. (Source: Adapted from A Proposal to Prepare Feasibility Study
of Tourism Development in Nicaragua, Laventhol & Horwath, Leo A. Daly Company, and Osorio y Teran, 1975.)
Tourism the International Business 145 A Global Text
