Economic sustainability ensures tourism creates long-term benefits to both operators and communities.
Strengthening business viability and regional prosperity
This phase focuses on building financially strong businesses that support local economies, offer fair jobs, and boost regional wellbeing.
Sustainable operation involves more than just reducing impact; it also helps your business stay resilient amid evolving conditions. By prioritising long-term planning, local sourcing, and workforce investment, you strengthen the visitor economy of Southern NSW. The strategies in this phase will assist in responsible resource management, equitable growth, and reinvestment in your community’s future.
Additionally, economic sustainability includes rechanneling profits locally, encouraging innovation, and increasing resilience through varied income streams.
Reflective questions to get you started:
- How do your business decisions support local suppliers and employment?
- What steps could you take to improve business stability and adaptability?
- How does your business contribute to the economic wellbeing of your community?
- How can you measure and communicate your economic impact over time?
This phase draws on Destination NSW’s Sustainable Tourism Resources, the Austrade Sustainable Tourism Toolkit, and the Business.gov Sustainability Action Plan Template
Explore the ‘Economically sustainable experiences’ section to learn more about building local supply chains, supporting workforce wellbeing, and measuring business resilience and growth.
Phase
Economic Sustainability
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Economically sustainable experiences
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