ECONOMIC VALUATION OF TOURIST ATTRACTIONS OF SHUSHTAR’S ANCIENT WATERFALLS

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MONTAZER HOJAT AMIR HOSSEIN; ANVARI EBRAHIM; BASHI MAHNAZ

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Journal: Tourism Management Studies Year:2018 | Volume:13 | Issue:42 Page(s): 21-39

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Title

ECONOMIC VALUATION OF TOURIST ATTRACTIONS OF SHUSHTAR’S ANCIENT WATERFALLS

Author(s)

MONTAZER HOJAT AMIR HOSSEIN | ANVARI EBRAHIM | BASHI MAHNAZ | Issue Writer Certificate

Keywords

FINAL WILLINGNESS TO PAYQ1

ANNUAL SOCIAL BENEFITSQ1

TRAVEL COST METHODQ1

CAPITAL VALUEQ1

Abstract

The purpose of this study is to estimate the recreational value of Shushtar's ancient waterfalls and to measure the willingness to pay to visit these waterfalls using the individual travel costs method. Due to the historic and natural ambiance, the ancient waterfalls of Shushtar are the destination of many domestic and foreign tourists every year. The present study attempted to extract the market value of these waterfalls' tourism performance in 2015. Based on the results of this study, the willingness to pay was equal to 320, 570 Rials and the ANNUAL SOCIAL BENEFITS were 1, 335 billion Rials. The CAPITAL VALUE of these waterfalls, using the real interest rate of the tourism sector, was 11, 625 billion Rials. From this perspective, the present research is unique. This great value gained in a situation that a significant budget is not spent on protecting these waterfall and also the entrance fee for these waterfalls is not optimal. Therefore, it is necessary that authorities pay more attention to this natural monument.

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APA: Copy

MONTAZER HOJAT, AMIR HOSSEIN, ANVARI, EBRAHIM, & BASHI, MAHNAZ. (2018). ECONOMIC VALUATION OF TOURIST ATTRACTIONS OF SHUSHTAR’S ANCIENT WATERFALLS. TOURISM MANAGEMENT STUDIES (TOURISM STUDIES), 13(42 ), 21-39. SID. https://sid.ir/paper/202591/en

Vancouver: Copy

MONTAZER HOJAT AMIR HOSSEIN, ANVARI EBRAHIM, BASHI MAHNAZ. ECONOMIC VALUATION OF TOURIST ATTRACTIONS OF SHUSHTAR’S ANCIENT WATERFALLS. TOURISM MANAGEMENT STUDIES (TOURISM STUDIES)[Internet]. 2018;13(42 ):21-39. Available from: https://sid.ir/paper/202591/en

IEEE: Copy

AMIR HOSSEIN MONTAZER HOJAT, EBRAHIM ANVARI, and MAHNAZ BASHI, “ECONOMIC VALUATION OF TOURIST ATTRACTIONS OF SHUSHTAR’S ANCIENT WATERFALLS,” TOURISM MANAGEMENT STUDIES (TOURISM STUDIES), vol. 13, no. 42 , pp. 21–39, 2018, [Online]. Available: https://sid.ir/paper/202591/en

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