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Sustainable Tourism

Author

Listed:
  • Régis Chenavaz

    (KEDGE Business School [Marseille])

  • Marta Leocata

    (LUISS - Libera Università Internazionale degli Studi Sociali Guido Carli [Roma])

  • Malgorzata Ogonowska

    (UP8 - Université Paris 8 Vincennes-Saint-Denis, LED - Laboratoire d'Economie Dionysien - UP8 - Université Paris 8 Vincennes-Saint-Denis, GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique - UniCA - Université Côte d'Azur)

  • Dominique Torre

    (UniCA - Université Côte d'Azur, GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique - UniCA - Université Côte d'Azur)

Abstract

Current approach to the management of World Heritage sites and the associated tourism is not always effective. Indeed, operators of Chteau de Versailles, Alhambra, and Vatican Palace trade-off visitors' revenues against damage to these sites. We study the effective dynamic behavior of a firm managing a heritage site. In an optimal control model, the operator sets pricing and heritage conservation policies. Heritage sites benefit from spending on conservation but are deteriorated by large numbers of visitors. Visitor numbers increase with the attractiveness of the site but decrease with the entrance fee. Our results characterize optimal pricing and heritage conservation policies over time and provide a stronger foundation for sustainable tourism policies.

Suggested Citation

  • Régis Chenavaz & Marta Leocata & Malgorzata Ogonowska & Dominique Torre, 2022. "Sustainable Tourism," Post-Print hal-03836454, HAL.
    • Handle: RePEc:hal:journl:hal-03836454
    DOI: 10.1016/j.jedc.2022.104483
    Note: View the original document on HAL open archive server: https://hal.science/hal-03836454
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    References listed on IDEAS

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    Keywords

    sustainable tourism; World Heritage Sites; dynamic pricing; conservation policies; optimal control;
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