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Newfoundland and Labrador Product Development Strategy

Newfoundland and Labrador Product Development Strategy

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- 194 -Tourism Business Support FundA five year support fund of around $5 million for tourism businesses is seen as a core, pan-<strong>Labrador</strong> requirement. The fund would be established <strong>and</strong> managed by “senior governmentpartners”. Its objectives include the following:" To make money available for “professional service” support (as opposed to capitalinvestment) such as mentoring <strong>and</strong> marketing advice, to both new <strong>and</strong> existingbusinesses," To assist existing operators in improving their return on investment, <strong>and</strong>" To enhance the quality, range <strong>and</strong> type of tourism products <strong>and</strong> services available in<strong>Labrador</strong>.The typical investment is expected to average $35,000 over 3 years, to pay for things such asspecial advisor fees <strong>and</strong> travel to meet with successful operators.Accreditation/Certification <strong>and</strong> Quality Management ProgramThe Plan recommends that Destination <strong>Labrador</strong> co-ordinate the development of acertification/accreditation program to ensure consistent product <strong>and</strong> service delivery throughout<strong>Labrador</strong>. The recommendation came from the conclusion by the team preparing the Plan thatthere is need to upgrade the quality of product <strong>and</strong> service, including the accommodations sector,throughout <strong>Labrador</strong>. The proposed program would be extended to occupations, products <strong>and</strong>facilities across the industry, including accommodations, guides, restaurants, tour operations,attractions <strong>and</strong> events. It might therefore be patterned on an industry-wide program such asQualmark in New Zeal<strong>and</strong>.Those accredited would pay a fee <strong>and</strong> receive marketing benefits such as the rights to aDestination <strong>Labrador</strong> logo.Objectives of the program include:" To ensure product credibility with travel trade," To promote authentic <strong>Labrador</strong> products, <strong>and</strong>" To set st<strong>and</strong>ards of best practise for operators in terms of business practise, service levels<strong>and</strong> environmental/cultural responsibility.The Plan proposes a “Made in <strong>Labrador</strong>” Accreditation Program, with development of a Tourism<strong>and</strong> Hospitality Training Plan for <strong>Labrador</strong>, to be developed through an assessment of needs <strong>and</strong>available training programs. An important part of the program would be to settle on the bestTHE ECONOMIC PLANNING GROUP of Canada <strong>Newfoundl<strong>and</strong></strong> & <strong>Labrador</strong> Tourism <strong>Product</strong> <strong>Development</strong>D. W. Knight Associates <strong>Strategy</strong> <strong>and</strong> Accommodation Needs Study

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