Financing and staff training in tourism: A case study in the developing country

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Abstract

The main objective of this study is to identify and analyze funding for tourism development in Kosovo through grants, legal infrastructure, and tourism staff training. A field survey was done to supplement this work, and the data was examined utilizing comparative and empirical analysis. The study was conducted in 2022, but administrative data in the field of tourism from 2010 to 2020 were also used for this study. According to the conclusions of the study, financial help in the form of grants, training, and tourism-related training was insufficient. The total number of visitors was 40,390, with 37.05 percent being local and 62.95 percent being foreign (Agjencia e Statistikave të Kosovës [ASK], 202a). In terms of gross domestic product (GDP), based on economic activities at current prices, the hotel and tourism sector contributed approximately 163 million euros in 2021, or 2.1 percent of GDP (ASK, 2022b). The problem of tourism development in Kosovo is linked to the country’s economic development, with the efficient management of tourism development policies and strategies. The study recommends that tourism policymakers and strategies create more sustainable management of tourism policies to attract a larger number of visitors to Kosovo, etc.

Keywords: Tourism Economics, Management, Tourism and Development, Tourism Finance and Correlation

Authors’ individual contribution: Conceptualization — H.B. and B.B.; Methodology — B.B. and M.M.; Formal Analysis — B.B.; Investigation — H.B.; Writing — Original Draft — B.B. and M.M.; Writing — Review & Editing — H.B. and B.B.

Declaration of conflicting interests: The Authors declare that there is no conflict of interest.

JEL Classification: Z3, M1, Z320, Z330, C1

Received: 05.01.2023
Accepted: 15.09.2023
Published online: 19.09.2023

How to cite this paper: Bajrami, H., Bellaqa, B., & Mehmeti, M. (2023). Financing and staff training in tourism: A case study in the developing country [Special issue]. Journal of Governance & Regulation, 12(3), 324–333. https://doi.org/10.22495/jgrv12i3siart14