The Effective Valorization of Resources for the Economic Development of Tyre

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November 17, 2018

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The main topic of this project is to assess the current situation of tourism in Tyre and to identify and interpret the reasons behind the failure or success of the tourism industry in the area. The main problem that Tyre is facing is the ineffective use of assets, wrong ingrained principles and the weaknesses in human capital. In order to analyze the situation, we conducted a study through a quantitative descriptive approach and used questionnaires and interviews as data collection methods. Results showed that sustainable tourism development in Tyre is contingent due to the presence of all necessary resources (following Mitrut, & Constantin, 2008; Shunnaq et al., 2008). However, Tyre lacks proper administrative management and organization of its scarce resources. All results emphasized on the importance of human capital in the development of any tourist destination.