The tourism sector is evolving into an advanced industrial sector. Modern tourism presupposes an attractive portfolio … of tourist services for a varied set of visitors. Meanwhile, tourism destinations have turned into multifaceted tourist … segmentation and by monopolistic competition reflected in product differentiation. This paper argues that tourism becomes a …

but scarce in industrial goods. It shows that lower future travel costs, rising demand for tourism and higher preferences … for exporting tourism services. The benefits that accrue from sustainable resource use can be distributed over time such … that the myopic developing country and forward-looking industrialized countries, which demand tourism services, are better …