Economic valuation of Ecopark in New Tehri
Student name: Mr Udit Negi
Guide: Dr Kavita Sardana
Year of completion: 2017
Host Organisation: TERI University
Abstract: In the last couple of decades Tourism sector has grown exponentially. More number of tourists are now attracted to tourist places that have natural attraction than tourist places with other attractions. The developing countries are blessed with natural resources and places with natural attraction so many tourists visit these countries for natural attractions as a result, there is a pressure on the natural resources of these countries and the natural environment of these is getting degraded. Unchecked activities of tourists and tourism operators are the main factors leading to degradation of these places. The problem is that tourism sector is the main source of income in these countries and in order to earn more from tourism, the natural resources of these places are being exploited and id such trends continue then tourism sector won't be sustainable in the long run. The aim of the study is to find methods of sustainable tourism so that developing countries can have a perpetual source of income through tourism and at the same time conserve their natural resource because tourism is dependent on them.
Key words: Sustainable tourism, Ecotourism, Ecopark, Contingent Valuation Method, Willingness to pay,