Język Polski
English
Published
:
2015-04-30
Financing Tourism Destinations from Public and Private Funds - a Case Study of Slovakia
Adam Lipowski
Abstract
A key precondition for the sustainable development of a tourism destination is an effective organizational structure that can be provided by a destination management organization (DMO). A DMO can coordinate the interests of the public and the private sector but, because its services are costly, it requires the pooling of resources of both these sectors. Therefore, the activities of DMOs should be funded through public-private partnership, where the budget is made up of contributions from all stakeholders, government subsidies, and incomes from business activity. In order to offer adequate support to tourism development in countries like the Slovak Republic, which admittedly has a great yet underdeveloped tourism potential, a complex financing mechanism needs to be set up. The Tourism Support Act No. 91/2010 partly regulates the promotion of tourism in Slovakia and creates conditions for the emergence of tourism organizations in tourist destinations.(original abstract)Keywords:
Tourism, Tourism managementMost read articles by the same author(s)
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Lipowski, A. (2015). Financing Tourism Destinations from Public and Private Funds - a Case Study of Slovakia. Zeszyty Naukowe Wyższej Szkoły Bankowej W Poznaniu, 59(2). Retrieved from https://journals.wsb.poznan.pl/index.php/znwsb/article/view/1001