Quick Answer: What does stakeholder mean in tourism?

A stakeholder is quite literally anyone who is involved with a particular project, organisation or industry. To put it simply, they hold a metaphorical ‘stake’. A stakeholder in tourism can be an individual person, such as a tourist or a taxi driver. They could be a group of people such as a student group or a family.

What are stakeholders in tourism?

The stakeholders in tourism destination are: local residents, local companies, media, employees, government, competitors, tourists, business associations, activists and tourism developers.

What is the role of stakeholders in tourism industry?

Four main stakeholders who play roles in tourism development according to Goeldner and Ritchie (2005) are the tourist, the business providing tourist goods and services, which is entrepreneur, the government of the host community or area and the host community, that is, the residents.

Who are the stakeholders of tourism and hospitality industry?

With 55 articles reviewed, tourism stakeholders mostly are local residents, local authorities, managers, CEO, tour operators, accommodation providers and tourists. However, tourism stakeholders are persons who depend on management of destinations.

What is meant by stakeholders?

A stakeholder is a party that has an interest in a company and can either affect or be affected by the business. The primary stakeholders in a typical corporation are its investors, employees, customers, and suppliers.

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Who is the most important stakeholder in tourism?

Travellers, including business travellers, and visitors to tourism destinations, sites and attractions are perhaps the most important stakeholders. Tourists visit attractions; spend money; and may promote the attractions through word of mouth and social media if their experience is positive.

Who are stakeholders in sustainable tourism planning?

So who should be involved in the sustainable tourism development process? Based on the definitions that are used for sustainability and sustainable tourism four distinct groups are identified; the present visitors, future visitors, present host community, and future host community.

What is the role of stakeholders?

What Is the Role of a Stakeholder? A stakeholder’s primary role is to help a company meet its strategic objectives by contributing their experience and perspective to a project. They can also provide necessary materials and resources.

Who are destination stakeholders?

Morrison (2013) divides destination management stakeholders into five main groups and classifies them as tourists, tourism organiza- tions, community, the environment, and govern- ment. Although Morrison (2013) classifies these stakeholders, the relationships between them are not clear.

What are the 5 stakeholders?

Types of Stakeholders

  • #1 Customers. Stake: Product/service quality and value. …
  • #2 Employees. Stake: Employment income and safety. …
  • #3 Investors. Stake: Financial returns. …
  • #4 Suppliers and Vendors. Stake: Revenues and safety. …
  • #5 Communities. Stake: Health, safety, economic development. …
  • #6 Governments. Stake: Taxes and GDP.

What is stakeholders in hotels?

Primary stakeholders refer to employees, suppliers, customers, and public agencies that are engaged in formal relationships with an organization. Secondary stakeholders include actors, such as the media and special interest groups that are not engaged in formal transactions with an organization.

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What is meant by stakeholders and give examples?

A stakeholder is any person or entity that has an interest in a business or project. Stakeholders can have a significant impact on decisions regarding the operations and finances of an organization. Examples of stakeholders are investors, creditors, employees, and even the local community.

What are the 4 stakeholders?

The easy way to remember these four categories of stakeholders is by the acronym UPIG: users, providers, influencers, governance.

What’s another word for stakeholders?

synonyms for stakeholders

  • collaborator.
  • colleague.
  • partner.
  • shareholder.
  • associate.
  • contributor.
  • participant.
  • team member.