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Dominican Republic the Focus of First UNWTO Tourism Investment Guide

Dominican Republic the Focus of First UNWTO Tourism Investment Guide

UNWTO has launched the first in a series of tourism investment guidelines focused on a specific country. Developed alongside the Ministry of Tourism of the Dominican Republic and the national Export and Investment Center (PRODOMINICANA), the new guide provides key insights for investors, with the aim of boosting foreign direct investment in the Caribbean destination.

Launched against the backdrop of the FITUR tourism trade fair in Madrid, the Investment Guidelines represent a comprehensive tool for parties interested in FDI opportunities. In particular, it aims to attract and promote and retain investment in sustainable tourism initiatives in the Dominican Republic, including those that provide local jobs and build greater resilience across the sector. The guide showcases the potential of closer public-private collaboration and makes clear the importance of directing investments towards building new tourism business models centres on innovation and sustainability.

As the UNWTO guide notes, the Dominican Republic represents one of the most competitive opportunities for investors for a number of reasons, excellent geographic location, solid legal framework, economic stability, and modern infrastructure.

Leading investment destination

According to data compiled by UNWTO and fDi Markets of the Financial Times, some 26 tourism projects in the Dominican Republic received about US$5.7 billion in tourism greenfield investments between 2016 and 2020. At the same time, the country has experienced an annual rate of growth in GDP of around 5% for the past 25 years, double the regional average. Over recent years, the Government of the Dominican Republic has worked to further attract FDI, including through the restructuring of free trade zones, incentives for investment in tourism and the signing of DR-CAFTA. (Dominican Republic-Central America Free Trade Agreement).

In 2021, the economy of the Dominican Republic recovered and reached pre-pandemic levels of growth. Notably, around 38% of this recovery was the product of the tourism sector. According to figures from the Ministry of Tourism (MITUR), as of December 2021, around 300,000 jobs were secured by the recovery of tourism, the result of the Responsible Tourism Recovery Plan led by the President of the Republic, Luis Rodolfo Abinader Corona. The Plan, which saw tourism workers vaccinated as early as possible, allowed the country to be among the first of all global destinations to reopen its borders.

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Green Hotel Investments to #RestartTourism

Green Hotel Investments to #RestartTourism

Destination Capital (DC) has signed a collaborative arrangement with the World Tourism Organization (UNWTO) of the United Nations to support the rejuvenation of the hotel industry. The arrangement supports the relationship DC has with the International Finance Corporation (IFC) to promote investment in green and sustainable tourism accommodation and to stimulate re-employment, particularly in the wake of the COVID-19 pandemic.

The collaboration between UNWTO and Destination Capital is based on DC’s adoption of best practices aimed at reducing carbon emissions and operating hotels in a manner consistent with IFC’s environmental and social criteria. Against this backdrop, DC acquires and repositions freehold hotels of 150-250 rooms in Thailand and across South-East Asia with the aim of implementing sustainable water and energy systems. It also works to promote gender equality at every level of the hospitality sector, another of UNWTO’s core priorities and in line with Sustainable Development Goal number 5.

While governments and destinations around the world are working on vaccination programs to accelerate the restart of the tourism, UNWTO is working with the private sector to encourage employers to play their part in the recovery of local communities through job creation and training programs. UNWTO data shows that international tourism arrivals fell by 1 billion in 2020, with the crisis carrying over into 2021. Worldwide, this has placed as many as 120 million tourism jobs directly at risk. Moreover, Asia and the Pacific has been the worst-affected of all global regions, and young workers and women are among the hardest hit by the downturn in tourism employment.

In line with the 2030 Agenda for Sustainable Development, DC recognizes the hotel industry not only has a responsibility to re-hire and re-train hotel staff. It is also increasingly under pressure to reduce its carbon footprint and mitigate the impact of energy and water consumption as well as food waste and environmental degradation. DC is committed to retrofitting its hotels to be compliant as ‘green hotel’s as per the Excellence in Design for Greater Efficiencies (EDGE) standards established by IFC.

About Destination Capital

Destination Capital is a private equity real estate investment company based in Bangkok Thailand which focuses on acquiring, renovating and repositioning hotel assets such that they are EDGE compliant and follow a rigorous sustainability protocol in order to unlock value for our capital partners. Rigorous asset manage programs are in place to yield higher values upon exit while pursuing a “Triple Bottom Line” strategy: Planet, People, Profit.

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City Leaders From Around the World Meet to Re-Imagine Urban Tourism

City Leaders From Around the World Meet to Re-Imagine Urban Tourism

The mayors of some of the world’s leading destinations have met in Porto to rethink urban tourism in the post-pandemic age. Organized by UNWTO, the Government of Portugal, Turismo de Portugal and the City of Porto, the Mayors Forum on Tourism and the Future of Cities highlighted the opportunity to restart urban tourism with a focus on sustainability, innovation and inclusion.

Formed in April 2019, the Mayors Forum provides a unique platform for cities and other key players to share tourism policies and best practices. The international forum works to advance tourism’s role in the urban agenda and harness the potential of the sector to provide economic opportunity and promote cultural links. The Porto meeting was embraced as a chance to rethink urban tourism and keep delivering on its proven potential to benefit both residents and tourists. 

Return of tourists ‘brings hope for cities’

The return of tourists to cities around the world will bring more than just jobs and economic recovery

Urban tourism has been among the hardest hit parts of the sector and may be the last to recover. For this reason, “the return of tourists to cities around the world will bring more than just jobs and economic recovery”, said UNWTO Secretary-General Zurab Pololikashvili. “It will bring hope, confidence and help revive what makes urban life so exciting, from culture to gastronomy to entrepreneurship and new ideas.” In this context, the Secretary-General also commended Portugal’s National Support Plan for Tourism recovery as well as its recently launched Sustainability + Strategy.

Pedro Siza Vieira, Minister of State, Economy and Digital Transition of Portugal said: “Now is the time to reflect on how important management of flows of tourists is in our cities. Digital technologies and continued investments in new attractions will allow us to provide a better experience for the millions of people who are eager to resume travel and who will come to visit our cities in the future.”

As host of the Forum, the Mayor of Porto Rui Moreira said: “Cities must know how to transform themselves, turning the old into new, rehabilitating and promoting their heritage, material and immaterial, and simultaneously creating new poles of interest to serve and welcome residents and visitors.”

Organized by UNWTO, the Government of Portugal, Turismo de Portugal and the City of Porto the Forum welcomed mayors and vice-mayors from Athens, Belgrade, Braga, Bruges, Brussels, Budapest, Dubrovnik, Florence, Madrid, Moscow, Podgorica, Prague, Samarkand, Sao Vicente, Skiathos, Tirana and Venice. Joining them were leaders from UN Habitat, the European Committee of the Regions and the Unión Ciudades Capitales Iberoamericanas (UCCI), as well as representatives from key private sector stakeholders, including Expedia Group, the Cruise Lines International Association (CLIA) and Airbnb.

Porto Declaration on Future of Cities

Participants adopted the Porto Declaration on Tourism and the Future of Cities, which reaffirms cities’ commitment to growing tourism sustainably and responsibly. This includes placing tourism on the urban recovery agenda, with policies aligned with the United Nations New Urban Agenda and the 2030 Agenda for Sustainable Development. The Declaration also states that signatory cities will promote multi-stakeholder cooperation for fostering innovation and using digitalization and big data to enhance both the tourist experience and the sector’s positive impact on residents. Furthermore, the Declaration recognizes the importance of cities building bridges with rural areas so that the benefits of tourism are employed more widely.

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Digital tools to revitalize tourism

Digital tools to revitalize tourism

The World Tourism Organization (UNWTO) continues to energize the restart of tourism based on sustainability and innovation. An agreement with MUST Travel & Tech places a digital tool at the service of tourism, allowing users to share their experiences to promote the reactivation of the sector with a view to sustainability. Presented during the UNWTO Mayors' Forum in Porto, Portugal, the tool is an opportunity for the advancement of smart cities, as well as destinations that incorporate technology and innovation in their development.

Already operating in 60 countries, MUST aggregates all the information of interest to travellers in one place. By also integrating key information and analysis from UNWTO, it aims to become a leading tourism application and generate opportunities for destinations.

Technology at the service of development

We welcome innovative ideas and technologies that allow the creation of global and regional innovation ecosystems aimed at accelerating the recovery of tourism for development

Visibility provided through technological tools is an opportunity for those who, along the entire value chain of the sector, require support to restart their activity, from new destinations around rural communities, to destinations with a high degree of infrastructure development.

“We welcome innovative ideas and technologies that allow the creation of global and regional innovation ecosystems aimed at accelerating the recovery of tourism for development,” said UNWTO Secretary-General Zurab Pololikashvili upon signing the agreement.

For his part, the CEO of MUST, Pablo López, highlighted that “technology enhances the productivity and resilience of companies. The implementation of digital solutions in line with new trends in the tourism sector allows us to develop a differentiated, personalized and safe tourism product that is more focused on behaviour patterns and the management of spaces that will undoubtedly contribute to the recovery of a key activity for the economy in general”.

Shared objectives

A distinctive element will be the contribution of tourism intelligence from the UNWTO to the users of the tool. In this way, relevant and verified content is combined with data for making informed and evidence-based decisions.

The agreement provides for cooperation in the execution of projects that include, among others:

  • Supporting the digital transformation of tourism service providers.
  • Fostering tourism development and promotion in a sustainable and inclusive way.
  • Boosting innovation in the practices of reservation and consumption of tourism experiences and activities.
  • Encouraging the creation of quality content with a focus on cultural heritage and the authenticity of the destination to be promoted.
  • Promoting and disseminate the UNWTO “Best Tourism Villages” programme on the MUST platform as well as other programmes or events of the Organization.
  • Promoting programmes related to innovation, education and investments that are useful for tourism destinations of mutual interest.

The agreement between UNWTO and MUST will be in place until the end of 2024.

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Vaccines and Digital Solutions to Ease Travel Restrictions

Vaccines and Digital Solutions to Ease Travel Restrictions

The global vaccination rollout and increased adoption of digital solutions for safe travel should lead to a rise in international mobility over the weeks and months ahead, the latest data from the World Tourism Organization (UNWTO) indicates.

According to the newest edition of the Travel Restrictions Report from the United Nations specialized agency for tourism, as of 1 June, 29% of all destinations worldwide have their borders completely closed to international tourism. Of these, more than half have been completely closed to tourists for since May 2020 or longer, with the majority of these belonging to the Small Island Development States of Asia and the Pacific. In comparison, just three destinations (Albania, Costa Rica, Dominican Republic) are completely open to tourists, with no restrictions now in place.

Evidence-based measures and cooperation

Governments are instrumental for the restart and recovery of tourism through collaboration, use of data and digital solutions

One in three (34%) of all destinations are partially closed, and 36% request a negative COVID-19 test result upon arrival, in some cases in combination with a requirement to quarantine. The data confirms the trend towards destinations adopting more nuanced, evidence-and-risk-based approaches to restrictions on travel, particularly in light of the evolving epidemiological situation and the emergence of new variants of the virus. Indeed, 42% of all destinations have introduced specific restrictions for visitors from destinations with variants of concern ranging from the suspension of flights and closing of borders to compulsory quarantine. 

Additionally, since most of those destinations with the strictest measures have some of the lowest rates of vaccination, the data also indicates a link between vaccination speed and easing of restrictions. In comparison, those destinations that have higher rates of vaccination and where countries are able to work together on harmonized rules and protocols such as those being employed in the Schengen area of the European Union, are better-placed to allow tourism to slowly return.

“Governments are instrumental for the restart and recovery of tourism through collaboration, use of data and digital solutions”, says UNWTO Secretary-General Zurab Pololikashvili:

Different paces

Regional differences with regards to travel restrictions remain. 70% of all destinations in Asia and the Pacific are completely closed, compared with just 13% in Europe, as well as 20% in the Americas, 19% in Africa and 31% in the Middle East.

Assessing current requirements for vaccinated passengers, 17% of all destinations worldwide specifically mention vaccinated passengers in their regulations. In most cases, travel restrictions continue to apply to fully vaccinated passengers (who have received two doses of an approved vaccine), though in others, all restrictions are lifted. UNWTO expects that this will significantly evolve over the coming weeks.

The report indicates that the restart of global tourism will remain muted so long as governments continue to advise caution. Four of the 10 top source markets keep advising their citizens against non-essential travel abroad (these four generated 25% of all international arrivals in 2018).

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Europe United as Tourism Leaders Meet in Athens

Europe United as Tourism Leaders Meet in Athens

The European members of the World Tourism Organization (UNWTO) have met in Athens to advance the safe and sustainable restart of tourism across the region. The 66th meeting of the Commission for Europe counted on an unprecedented level of member representation. It also enjoyed political support of the highest level, with the participation of Greek Prime Minister Kriakos Mitsotakis, and Vice President of the European Commission Margaritis Schinas.

The Commission met against the backdrop of the latest UNWTO data and perspectives on international tourism, and in the context of continued calls for coordination to #RestartTourism to support not only the sector but also wider economic and social recovery.

“Europe has the chance to lead the global restart of tourism, safely and responsibly”, said UNWTO Secretary-General Zurab Pololikashvili. “The political support we are witnessing today is proof of tourism’s relevance beyond our own sector, building trust and getting societies and economies moving again,” he added.

The political support we are witnessing today is proof of tourism’s relevance beyond our own sector, building trust and getting societies and economies moving again

Resources and technical support

This was echoed by Prime Minister Kriakos Mitsotakis, who commended UNWTO’s leadership and reaffirmed his country’s commitment to direct resources towards restarting sustainable tourism. The Commission focused on the practical steps UNWTO is taking to guide the restart of tourism and support the millions of jobs and businesses across Europe that are reliant on the sector. This includes the strengthened partnership between UNWTO and the European Bank of Reconstruction and Development. As outlined during the meeting, the two institutions will work together to deliver technical assistance designed to drive economic recovery in several European countries, including Greece, as well as Croatia, Montenegro, Georgia, Tukey and Turkmenistan.

Leadership and recognition

Tourism’s importance to the European way of life was further recognized by the Vice President of the European Commission. Margaritis Schinas has previously participated in UNWTO’s Global Tourism Crisis Committee, representing the European Commission as governments and both public and private sector leaders jointly work to address the impacts of the pandemic on tourism and plan the coordinated restart of the sector.

Hosting and chairing the Commission, Minister of Tourism of Greece, Harry Theoharis underscored the country’s firm political and practical support for UNWTO and for global tourism from the very start of the crisis. Greece, one of the world’s top tourism destinations, has been an active member of UNWTO’s Global Tourism Crisis Committee from the start of the pandemic. As Chair of its Technical Group, Minister Theoharis has guided public and private sector leaders in drawing up practical solutions to the biggest challenges facing tourism, including harmonized protocols for the safe restart of the sector, not only in Europe but worldwide.

Cruise and maritime tourism

Under the Minister’s leadership, the Greek Ministry of Tourism announced the establishment of the first centre dedicated to measuring sustainable development of coastal and maritime tourism in the Eastern Mediterranean, with the collaboration of UNWTO. The research and monitoring centre will be based at the University of the Aegean and will capture and analyse data relating to the environmental, economic, and social impact of tourism.

Elections and nominations

The meeting concluded with elections and nominations for positions within several UNWTO bodies. Five countries were nominated to represent Europe on the UNWTO Executive Council (Armenia, Croatia, Georgia, Greece, Russian Federation). Alongside this, Hungary and Uzbekistan were nominated as candidates for the role of Vice-Presidents of the General Assembly, and Azerbaijan and Malta were nominated to serve as members of the Credentials Committee. Finally, Greece was nominated to serve as Chair of the UNWTO Commission for Europe, with Bulgaria and Hungary nominated for its two Vice-Chair positions. Members elected Armenia to hold the next meeting of the UNWTO Commission for Europe. 

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UNWTO and Google Launch Global Partnership to Lead Tourism Recovery

UNWTO and Google Launch Global Partnership to Lead Tourism Recovery

The World Tourism Organization (UNWTO) and Google have signed a new agreement to work together and lead global tourism’s recovery through innovation, education, and market intelligence.

The new Memorandum of Understanding (MoU) builds on past cooperation between the UN specialized agency for tourism and Google. With destinations in some parts of the world looking to restart tourism, the new partnership will focus on harnessing the power of innovation, education, data and market intelligence to drive sustainable and inclusive recovery.

Notably, the two organizations will host trainings for Destination Management Organizations (DMOs), using a new Capacity Building Curriculum developed by Google. These sessions will empower destinations to switch to digital, with the training adapted to reflect their specific circumstances and the unique challenges every destination currently faces.

Scaling up collaboration…

The new Capacity Building Curriculum will also complement existing joint initiatives, and a data sharing agreement for Google’s Travel Insights to power a portion of the UNWTO's tourism recovery tracker.

The strong partnership between UNWTO and Google will help put innovation and digital at the centre of tourism’s recovery

Alongside this, the Tourism Accelerator Program, designed by Google in partnership with UNWTO, will also be scaled up globally. A pilot program launched across EMEA (Europe, Middle East, Africa) in 2020 showed the value of working with policymakers to put digital at the heart of their tourism recovery plans and the benefits of upskilling DMOs so they can make effective use of data and market intelligence.

…and diversifying

The partnership will go beyond empowering destinations and businesses during the immediate recovery phase. Under the agreement, Google will provide ongoing support for a number of UNWTO’s leading initiatives, including Startup Competitions designed to promote and support innovation across the sector.

UNWTO Secretary-General Zurab Pololikashvili says: “The strong partnership between UNWTO and Google will help put innovation and digital at the centre of tourism’s recovery. By working together, UNWTO and Google will empower destinations, businesses and tourism workers to realize the power of data and market intelligence, both increasingly important as global tourism looks to restart and recover.”

We’re honored to be working alongside UNWTO in this vital effort to support the global tourism sector on its path toward broader economic recovery

Google’s Managing Director for Travel Partnerships Gianni Marostica says: “We’re honored to be working alongside UNWTO in this vital effort to support the global tourism sector on its path toward broader economic recovery. It’s critical that both policymakers and businesses have the tools and insights they need to reconnect with travelers in a digital environment.”

Looking ahead, UNWTO and Google will also collaborate on joint research projects related to tourism. The results will further establish both parties as thought leaders and provide governments, destinations and businesses with the trusted data and insights they need to guide tourism towards recovery.

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Power of Investments for African Tourism Highlighted as INVESTOUR Returns

Power of Investments for African Tourism Highlighted as INVESTOUR Returns

The importance of unlocking the potential of investments for growing African tourism was highlighted as leaders from across the sector met virtually for the 2021 edition of INVESTOUR.

Held during the FITUR International Tourism Trade Fair, the 12th edition of the Forum for Tourism Investment and Business (INVESTOUR) united government representatives alongside experts from international organizations and from the private sector. Once again, the event was co-organized by Casa Africa, FITUR and the World Tourism Organization (UNWTO), building on the latter’s 2030 Agenda for Africa.

This year, the focus was on the importance of promoting sustainable investments to help the sector recover from the impacts of the COVID-19 pandemic. On the agenda were the role of public-private partnerships, building resilience, and promoting innovation at every step of the broad tourism value chain.

A roundtable discussion on “Revitalizing Tourism Post-COVID-19”, explored ways to identify and reach new markets and develop new tourism products. Contributing were Mouhamed Faouzou, Technical Advisor to the Minister of Tourism and Air Transport of Senegal, Dr. Alfonso Vegara, Founder and President of Fundación Metrópoli, and Alberto Virella Gomes, Ambassador-at-Large for the Africa Plan, Ministry of Foreign Affairs for Senegal. This was followed by a series of investment webinars led by UNWTO experts, with a special focus on sustainability and capacity development.

In a message to the INVESTOR delegates, Secretary-General Zurab Pololikashvili stressed the importance of government-initiated Ease of Doing Business reforms and invited delegates to join UNWTO for its 64th Commission for Africa and the 2nd UNWTO Global Tourism Investment Forum in Africa, both to be held in Cabo Verde this September.

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UNWTO Unites Leaders for Recovery of Tourism in the Americas

The World Tourism Organization Unites With Tourism Ministers in the Americas To Relaunch Tourism in the Region

Minister of Tourism David Collado along with 15 more ministers and vice ministers of tourism of the Americas established partnership agreements and procedures for relaunching tourism in the region in a meeting called by the World Tourism Organization and led in its inauguration by Luis Abinader, President of Dominican Republic.

Tourism leaders in the Americas committed to jointly addressing the reactivation of tourism, making the sector a priority and adopting international protocols. Additionally, they agreed to emphasize innovation and digital transformation, develop sustainable tourism and strengthen support mechanisms for workers and impacted companies.

At the beginning of the meeting, the Secretary General of the World Tourism Organization (UNWTO), Zurab Pololikashvili commended the way Dominican Republic has handled the response to the COVID-19 pandemic and highlighted that “reestablishing trust in travel is a key first step towards tourism recovery, bringing hope to millions of people in the Americas and igniting the economic recuperation in general.”

In his welcome to the Tourism ministers and representatives from throughout the Americas, President Luis Abinader highlighted the role of UNWTO as a catalyst for innovation and synergies and called on those present to strengthen themselves as a shared destination and as a region through unity, determination, focus and joint vision.

Reestablishing trust in travel is a key first step towards tourism recovery, bringing hope to millions of people in the Americas and igniting the economic recuperation in general

Minister Collado stressed that the tourism sector generates employment opportunities for more than 500,000 families and contributes 15% of thecountry's Gross Domestic Product. Similarly, he endorsed the commitment "with the Dominicans, with sector partners and with the millions of tourists who are eagerly waiting to visit and know the beautiful destinations within Dominican Republic."

Among the main topics of discussion included re-establishing confidence in travel, protecting businesses and jobs, and ensuring that the benefits of the tourism revival are felt beyond the industry itself. The working sessions were attended in person by ministers and vice ministers of Brazil, Colombia, Cuba, El Salvador, Guatemala, Haiti, Honduras, Mexico, Panama, Puerto Rico, Uruguay and Venezuela, and virtually by government officials from Argentina, Barbados, Bolivia, Chile, Nicaragua, and Peru.

The meetings were developed with the coordination of the host country through the Ministry of Tourism of Dominican Republic,with the participation of representatives of the International Air Transport Association (IATA), the International Civil AviationInternacional Organization (ICAO) and the Association of Hotels and Tourism of Dominican Republic, among other sector organizations.

The summit ended with attendees signing the Declaration of Punta Cana which sealed the commitment  of the regional leaders to make tourism a pillar of sustainable development and ensure an effective recovery plan post-COVID.

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New Report Shows Value of IP to the Tourism Sector

New Report Shows Value of IP to the Tourism Sector

A new report published jointly by WIPO and the World Tourism Organization (UNWTO) on the value of intellectual property in boosting tourism shows how the IP system creates a favorable ecosystem for innovation, entrepreneurship and investment in the sector.

The publication, entitled “Boosting Tourism Development through Intellectual Property,” highlights good practices, features case studies and recommendations for policymakers and other tourism stakeholders on how to ensure that creativity, innovation, traditions and cultural heritage in tourism are properly protected and commercialized and that the benefits are shared by all.

In a joint Foreword, WIPO Director General Daren Tang and UNWTO Secretary General Zurab Pololikashvili, predict that while the tourism sector has taken a hit during the COVID-19 pandemic, it will recover and “contribute to reigniting hard-hit economies and societies thanks to its capacity to adapt to changes and offer innovative solutions to new challenges.”

Contribute to reigniting hard-hit economies and societies thanks to its capacity to adapt to changes and offer innovative solutions to new challenges

“In this context, IP rights are powerful tools that can be used to boost tourism development and competitiveness. The IP system is designed to promote creativity and innovation and support efforts by individuals, businesses and other actors to differentiate themselves and their products and services in the marketplace, whether through trademarks, geographical indications, copyrights or patents,” they added.

The publication provides practical guidance for non-IP specialists on how to include IP in tourism product development – from destination branding to tourism policies. It shows how different IP rights can be leveraged to raise funds. And it showcases successful experiences and demonstrates how stakeholders around the globe are using IP rights to add value to tourism services and products, as well as to protect and promote local knowledge, traditions and cultural heritage.

Through examples of producing cheese, tea, pepper, wine or other products, the publication shows how geographical indications and appellations of origin can be used to support the growth of rural tourism and provide benefits to local communities.

To leverage the full potential of the IP system, the report recommends inclusion of IP strategies in national tourism plans and tourism policy strategy for regional and local destinations. Not only does good IP knowledge and management help to make use of the protected intangibles, but it also attracts investments and leverages fundraising opportunities.

Finally, tourism authorities are encouraged to raise awareness among tourism and destinations stakeholders on the importance of appropriate IP knowledge and management to foster the sector’s growth  in these challenging times.

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