The paper "Climate Change and Tourism - Australia Capital Territory " is a great example of a business case study. Tourism serves major support for the living of many all across the world. It has served as a major contributor if the total revenue that a state or country incurs in any accounting year. With the people becoming more curious and travel-loving the industry is set to be the most important one in the upcoming years. But the industry has been hit by the changing climate in recent years and this has taken a toll on the business.
The coastal areas are facing the problems of rising water levels and the snow-covered areas the problem for fast melting of snow which ultimately has reduced the effective period of the business. The same is the problem with Australia Capital Territory (ACT), where the need for sustainability for the tourism industry in light of climate change has been discussed in this project. We also come across the current state of the industry, the strategic challenges for its sustainability, the stakeholders, possible strategies and actions, the timeline and the measures to be taken behind the proper implication of the strategic plans. Climate Change and Tourism Tourism is affected by climate change and it is itself considered as a significant contributor to climate change.
The tourism business is facing perturbation from climate change and the business is also impacting climate change. Climate change is likely to affect tourism operators in a number of ways, like: Increased temperatures resulting in sunstroke and the likelihood of bushfires. Reduced rainfall can reduce water levels in natural waterways making access to water difficult. Rising sea level could result in damaging coastal tourism and recreation. More frequent weather issues could directly affect the effective business period. The changing climate is forecasted to have a variety of impacts on tourism in Australia Capital Territory (ACT).
Depending on the nature and the scope of the impacts, tourism could be under the threat of some significant changes in some destinations. There are various knowledge gaps around climate change, changes in landscapes, improvement in the communication system across all sectors of government involved with the tourism industry, larger operators with better resources, proper adaptation and implementation of strategies are required to be seriously looked at to maintain a sustainable level of tourism.
Sustainable in tourism is considered as developments which help in meeting the present needs without affecting the ability of future generations to meet their needs. The tourism industry has already assessed the need for adaptation in the tourism sector and has started making necessary adjustments for the same. Even the tourists have become much more aware of the climate changes. The ACT has incorporated the climate change issues among their major problems and strategy making.
Tourism in Australia represents a large sector of the economy and it operates in a globally competitive market experiencing tight and improving conditions (Hennessy, Webb, Korono and Ricketts, 2008) Current State of the Industry Tourism in the ACT is facing some serious challenging circumstances as the global financial crisis has resulted in international travellers to stay back home and with the advantage of the high dollar, a record number of Australians have travelled abroad. Also, aggressive airline discounting has further declined the profit margins of the industry.
There is maximum dominance of domestic tourism in terms of percentage to the revenue of the industry and a very small part is filled by the international tourist. ACT has also been hard hit by the international crisis domestically as many Australians have cancelled their family holidays. The industry is basically dominated by small operators and has very low capital intensity. The tourism industry is also bounded by the unavoidable costs that are to be incurred due to the changing climate making this much more difficult for operation.
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ACT NRM Council (ACT Natural Resource Management Council) 2009, Bush Capital Legacy: Plan for Managing the Natural Resources of the ACT, Lyneham, Canberra.
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Hennessy, K., L. Webb, D. Korono and Ricketts, J. 2008. Climate Change Scenarios for Five Australian Tourism Regions, CSIRO, a report prepared for the Sustainable Tourism CRC.
Regional Development Australia, 2010. ACT Regional Strategic Plan – A framework for economic, social and environmental development initiatives in the ACT and region.
TFC (Tourism Forecasting Committee), 2011, Forecast 2011 Issue 2, Tourism Research Australia, Canberra.