ENVIRONMENTAL SUSTAINABILITY IN THE 21ST CENTURY: AN ASSESSMENT OF TRINIDAD’S BUSINESS TOURISM MARKET

Narendra Ramgulam, Koshina Raghunandan-Mohammed and Moolchand Raghunandan

Review of Business and Finance Studies, 2013, vol. 4, issue 1, 51-61

Abstract: The aim of this paper is to provide an understanding of business tourism and its contribution to environmental sustainability. This paper discusses the concept of business tourism and captures the environmental impact of this niche market. It examines the viability of business tourism as it relates to environmental sustainability in Trinidad and makes recommendations, which includes policy propositions for the future. Additionally, an examination of New Zealand’s environmental strategies are presented to determine whether Trinidad can espouse these and embrace environmental sustainability in its business tourism industry. From this qualitative study utilizing a thematic analysis, it was determined, that business tourism was environmentally sustainable and should be pursued as a micro sector for diversifying the Trinidad and Tobago economy. The findings also revealed that there are potential benefits when countries actively pursue business tourism that is in harmony with environmentally friendly practices. It also embraces the notion of sustainability as a way forward and proposes an environmentally friendly happiness valuation model for the way forward.

Keywords: Business Tourism; MICE (Meetings, Incentives, Conventions and Events); Environmental; Sustainability; Happiness; Trinidad; Sustainable Tourism Development Model (search for similar items in EconPapers)
JEL-codes: M31 (search for similar items in EconPapers)
Date: 2013
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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