An 'Evening With' ICRT students and alumni

Just back from London where I spoke to a small but enthusiastic group of ICRT students, alumni and a prospective student (thanks for coming along Caroline - hope you enjoyed it!) about some of the consultancy work I have been doing. My last blog covered much of what I was speaking about: how we need community passion behind any attempt to develop heritage-based tourism, but that without the public sector's ability to mobilise and mediate between different stakeholders (and often also to provide core funding) such projects often fail. What was interesting to me was how the conversation towards the end of the evening took a quite unexpected turn, coming around to the issue of whether or not there is ever a business case for investing in heritage conservation from a tourism perspective. Having analysed the issue from a number of sides, we came round to the decision that whilst there is very rarely, if ever, a BUSINESS case, there is quite often a broader economic development case. In other words, the public sector's role is to intervene in a situation where there would be conventional market failure in order to ensure the broader benefits are delivered. My problem is that I know I've read all this before, but can't remember where. So it's off to the library for a load more research before I start updating my teaching materials for next year!