The Role of Tourism investment in achieving sustainable tourism development for small and medium enterprises with reference to selected international experiences

Abstract

The research aims to reveal the role played by small and medium-sized tourism enterprises in achieving sustainable tourism development, review selected international experiences, and learn about the opportunities that these countries have benefited from, the obstacles they have faced, and how they have been overcome. The research gains its importance from the economic importance of the tourism sector in general, as tourism investment leads to an increase in various tourism investment projects, which will be positively reflected in achieving profits and developing and diversifying the tourism services provided. The research reached a number of conclusions, the most important of which is that tourism investment in small and medium-sized enterprises faces a number of challenges and obstacles, including the inadequacy of diversifying financial products provided by banks and other financial institutions. The most important proposals are the need to stimulate tourism investment in small and medium-sized enterprises. Keywords: Tourism investment; small and medium enterprises; sustainable tourism development; international experiences.