Community Tourism In Ecuador: A Special Case In The Rio Indillama Community, Yasuni National Park

14 Jul Community Tourism In Ecuador: A Special Case In The Rio Indillama Community, Yasuni National Park

Nio set these targets even after facing COVID-induced operational challenges in October. It will be important for Nio to meet or exceed its Q4 guidance for its stock to rebound as investors are increasingly worried about the impact of China’s COVID-19 restrictions. There is a lack of knowledge about the valuable tourist resource they possess and a weak appreciation of their ancestral traditions.

A great affectation is evidenced by the generation of waste and its poor management. The evidence is impossible to hide on arrival is very easy to observe waste presence everywhere. The ignorance of the impact for the tourism in a bad management has caused to a large extent to the declivity of the tourist growth. Difference Between Quotation and Tender Abstract Community tourism is a recent tourism initiative that is being developed in Latin America as an alternative to traditional tourism. This tourism typology aims to contribute to the conservation of the environment and the participation of the local community in the tourist management of the territory.

In recent years, community tourism has been able to promote the integral development of communities trying to reduce poverty by generating employment and obtaining additional income, avoiding migratory movements. This type of tourism offers the opportunity to create small labor-intensive businesses and employs a relatively higher percentage of women than other sectors, without forgetting that the local community is the essential part of the tourism product . Community tourism is appearing strongly in the Andean region, which is based on the local community and the management of the territory.

Product demand for the ET5 and ET7 is strong and deliveries have started to ramp up nicely with NIO already delivering 1,030 ET5s in October. The ramp of the ET5 is going even better than the ramp of the ET7, as I explained here. Nio expects a “substantial acceleration” in its Q4 revenue growth, backed by efforts to boost production and the solid demand for the ET5 model.

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The U.S. government has threatened to delist specific Chinese companies from U.S. exchanges if they don’t comply with certain auditing requirements. According to the Journal, Zeng Guang, the former chief scientist at the Chinese Center for Disease Control and Prevention, said at a conference that there soon could be significant changes to China’s zero-COVID policies. The restrictions have resulted in many companies, including Nio, having to temporarily close factories or stop production when a COVID-19 outbreak occurs.

However, pressure on vehicle margins could affect NIO’s earnings prospects. TipRanks is a comprehensive investing tool that allows private investors and day traders to see the measured performance of anyone who provides financial advice. Overall, Nio scores Wall Street’s Strong Buy consensus rating based on nine Buys and two Holds. The average Nio stock price target of $21.89 implies 90.2% upside potential. Overall, Nio shares have plummeted nearly 64% year-to-date due to multiple reasons, including supply chain issues triggered by China’s stringent Zero COVID policy, delisting concerns, and rising costs.

However, this model of tourist operation has some problems; Their impact is minimal or no impact on local practices of resource use, they improve only modestly the family income and they depend too much on external aid not only in the short term also but in the long term . Despite a strong increase in revenues in Q3’22, NIO has significant top line risks and the supply chain is still not working the way it should be. Shipping delays for casting parts, which affected the ramp of the ET7, have caused production problems for NIO over the summer and the supply chain will remain a risk for NIO going forward. The biggest risk, as far as I see it, is a continual decline in vehicle margins which would be set to weigh on NIO’s profitability and which could potentially be a reason for investors to not invest in the EV manufacturer. The delivery forecast for Q4’22 was by far the best piece of information that investors have received in a long time from NIO.

However, there are several problems that affect the development of this activity. However, it seems that this process, which began more than thirty years ago, is now showing a marked deceleration and the recovery it has achieved is very little. The objective of the present investigation is to analyze the current state of community tourism, a particular case in the Indillama River Community, Yasuní National Park, and to be able to answer the limiting factors that hinder the takeoff of this activity, born in the same of the indigenous communities. In other words, community tourism from an indigenous perspective has been seen as a panacea for development and has the support of states, NGOs, cooperation agencies, and international organizations.

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Investors are hoping that both bits of news will allow Nio to continue growing its EV business. In.fashionnetwork.com needs to review the security of your connection before proceeding.

• A good tourism management should conserve natural spaces since nature and culture are the support of tourist activity.
• In.fashionnetwork.com needs to review the security of your connection before proceeding.
• Poor marketing management and the lack of a flagship product is one of the main problems evidenced in the low demand for tourism.
• NIO’s vehicle margins in Q2’22 were 16.7%, meaning NIO saw another 0.3 PP decline in margins quarter over quarter.
• The objective of the present investigation is to analyze the current state of community tourism, a particular case in the Indillama River Community, Yasuní National Park, and to be able to answer the limiting factors that hinder the takeoff of this activity, born in the same of the indigenous communities.
• Nio expects a “substantial acceleration” in its Q4 revenue growth, backed by efforts to boost production and the solid demand for the ET5 model.

Investors might also be pushing Nio’s stock higher today after the Journal reported that U.S. officials have finished their audit of some Chinese companies. While the government hasn’t officially announced a rollback of its policies, there have been increasing rumors that China is getting close to easing its restrictions. I/we have a beneficial long position in the shares of NIO, LI, XPEV either through stock ownership, options, or other derivatives. Keywords Community tourism; Río Indillama Community; Yasuní National Park; limiting factors.

The company officially commenced the delivery of ET5 vehicles on September 30 and has been witnessing strong momentum in orders for this electric midsize sedan. Poor marketing management and the lack of a flagship product is one of the main problems evidenced in the low demand for tourism. The community requires a change in the immediate management model, which should show weaknesses and threats through a SWOT, which should be supplemented and accompanied by the implementation of a star tourism product. When found in a protected area, this product should be oriented towards conservation tourism . The community tourism little or nothing contributed to the economy and to the improvement of the quality of life, in the community Rio Indillama the indigenous feel disappointed with the administrators of the tourist undertakings.

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The PNY, together with the Intangible Zone Tagaeri – Taromenane and the Waorani territory, was declared by UNESCO in 1989 as a Biosphere Reserve . Yasuní National Park is one of the last pieces of jungle in Ecuador, the most biodiverse place on the planet. Here extraordinary forests that are the heritage of all Ecuadorians and reserve of life on Earth are erected. It is also home to peoples who have developed in close dialogue with the jungle and who know it in depth. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.

The results are described qualitatively by economic, social and environmental sections. The final conclusions propose a macro analysis of the problems of the community in the mentioned factors. The methodology has been designed to respond to the need for innovation. The start of tourism in the Yasuní National Park is a natural change that allows analysis between periods of recent years. The configuration also allows us to separate the control processes that did not experience the change in the conditions of those that did. The ideal data would be longitudinal, but due to a series of problems and characteristics with respect to the populations, such methods were almost impossible to implement.

A significant deficiency observed is the lack of teamwork that facilitates the various activities that arise from tourism processes. There is no clarity about the management of economic resources, the lack or non-existence of tariffs for the scarce services they offer contribute even more to the deep crisis in the management and management of community tourism. That’s added to Chinese companies’ share-price woes lately, but with U.S. officials nearing the end of their audit, investors are hoping that the access China has given the U.S. to companies’ financial records will keep stocks from being delisted. NIO’s vehicle margins once again trended down in the third-quarter, indicating that margin and profit pressure in the EV market is growing. NIO’s vehicle margins in the third-quarter were 16.4% and declined 1.60 PP year over year. NIO’s vehicle margins in Q2’22 were 16.7%, meaning NIO saw another 0.3 PP decline in margins quarter over quarter.

The few incomes and a bad distribution of the royalties left by tourism has caused social conflicts. Community tourism is appropriate in Latin American countries, as it is a fundamental tool to reduce the poverty level of the most depressed areas and contribute to their economic growth. In recent decades, the tourism sector has been immersed in an intense process of strengthening the participation of local communities in developing countries that materialize in Community Tourism initiatives. This paper highlights the important impact of tourism on the regional economy of the region, stating that it has a series of ideal characteristics for the implementation of Community Tourism initiatives; low level of agrarian and industrial development, high rates of poverty and unemployment . The company expects Q4 deliveries growth in the range of 71.8% to 91.7% and revenue to rise by about 75.4% to 94.2% year-over-year.

The electric vehicle marker has seen a sluggish ramp in production and deliveries overall in FY 2022 due to COVID-19 factory lockdowns as well as other factors such as an ill-calibrated supply chain. As a result, NIO’s shares have been brutalized, slumping 64% year to date… The main results obtained in this research generate an acceptance by the local population towards the sustainable development of the destination through community tourism, with high environmental and sociocultural costs and benefits for low tourism. Therefore, the local population does not perceive negative impact through community tourism and few economic benefits. The implantation of community tourism, in the economic area, stimulates the local economy; in the environmental aspect, the promotion of tourism promotes the sustainability and conservation of the environment and optimizes the management of natural resources.

Valuation of NIO

Investors hope that if the COVID restrictions are reversed, or at least eased, vehicle deliveries could continue to increase. If it does, that would be welcome news for Nio investors after the EV maker has faced several production slowdowns because of pandemic-related regulations. Two Nio factories were forced to temporarily stop production as recently as this week because of the COVID policies. https://1investing.in/ The Journal also reported that U.S. inspectors are finishing up their audit of some U.S.-listed Chinese companies, and investors are hoping that the potential for some Chinese companies to be delisted from U.S. exchanges could soon be eliminated. The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.

Territorial management is very important because it is necessary that tourism be respectful with the environment and responsible with the social environment. Inadequate tourism can degrade habitat and deplete natural resources, while sustainable and responsible tourism can help preserve the rural environment and local culture. By incorporating community tourism into the life plans of the communities, the leaders have found a relatively easy way to include, at least on paper, a good part of the community. In other words, these projects are a tool commonly used by leaders to demonstrate their management. But in practice, the level of commitment, responsibility and participation of community members in community tourism programs is very variable and does not always correspond to the pattern of distribution of income from the program. This inequity is the result of the interplay of competing interests that exists in all human communities and that only strong, wise and honest leadership can control.

The Chinese EV maker reported third-quarter earnings that beat consensus predictions for the top line, but that missed EPS expectations. NIO generated revenues of 13.0B Chinese Yuan ($1.8B) in Q3’22 which beat the consensus by $27M. NIO’s adjusted EPS was $(0.19) which missed the prediction of $(0.17). Evaluating and implementing them must be the members of the communities without the influence of external organizations that, in some cases, have benefited from maintaining the status quo or have demonstrated that they do not have the capacity to change it. Indillama Community, categorized as economic, social and environmental. The study used a mixed methodology , not experimental and cross-sectional, and a bibliographical and field review was carried out from 2010 to 2018.