What Challenges Do Entrepreneurs Face in Sustainable Tourism?
While sustainable tourism presents great opportunities, it also comes with its set of challenges:
High Initial Costs: Implementing sustainable practices often requires significant upfront investment, which can be a barrier for small businesses. Consumer Awareness: Educating consumers about the benefits of sustainable tourism can be challenging but is essential for market growth. Regulatory Hurdles: Navigating through complex regulations and obtaining necessary certifications can be time-consuming and costly. Balancing Profit and Sustainability: Finding the right balance between profitability and sustainability can be challenging but is crucial for long-term success.