Tourism Susceptibility and Sustainability

Abstract

Tourism lies at the very bedrock of human civilization, tourism is no longer a means to merely satiate ones basic needs, as it fulfilled needs for water, fodder, food etc to human being and accompanying pets in the ancient time. Now a days it is being presented as a well crafted product. Nonetheless tourism as a product is quite different when compared to factory outlets.  This paper is an attempt to develop a mathematical model and introduces measure of tourism susceptibility, and  about how tourism as a products is carved out of integrating various services viz. travel, accommodation, fitness, cultural, adventurism, health, ecotourism, pilgrimage sites etc. Through this model stages of growth of tourism and all its integrands could be efficiently and effectively manages and risk could be minimized, and welfare of hosts could be assured. It analyses the saturation point i.e. the maximum growth of tourism until physical carrying capacity is being achieved. It estimates that velocity of money, shows that it increases as tourism grows provided ample physical infrastructure to support it at destination is easily available.  Expression for Seigniorage revenue out of tourism is being established, This model also predicts that tourism gain could be realized and  sustained through  monetary feedback mechanism responsive to coupling effects, and sustainable development of natural environment.