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| A STUDY ON THE DEVELOPMENT AND SOCIO-CULTURAL IMPACT OF TOURISM REAL ESTATE IN THE ANCIENT TOWN OF DALI |
| WU Yue-fang, XU Hong-gang |
| School of Tourism Management, Sun Yat-sen University, Guangzhou 510275, China |
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Abstract Tourism real estate is considered as an attractive combination of the tourism industry and the real estate industry, which has been growing in the past decades. However, the unexpected growth leads to some problems challenging the justification and sustainability of the development of it. Dali, located in the northwest of Yunnan province, has the ideal locality, landscape and resource for tourism real estate development. The unique pattern of development and external market oriented sale strategy not only attract the developers and investors but also provide researchers the tourism real estate as a good case to study in historic town. This paper provides a case study of Dali and the field work was carried out substantially in 2008 and 2009. This paper reveals the development process of tourism real estate in Dali, a historical town. A dual-dimensional product spectrum including length of time for use and state of property ownership is constructed to classify the products into four categories, including tourism scenic spot property, tourism commercial property, holiday-making property and tourism residential property. The geographical location and the development of each type of the property are different. Also, the authors present the characteristics of the development of tourism real estate which are that, firstly, Tourism real estate development serves as the driving force of the drastic tourism urbanization; secondly, dominant tourist products in Dali evolves from sightseeing tourism to holiday-making tourism; thirdly, the role of government shifts from direct investor to city ‘boosterist’. With in-depth fieldwork, the authors also find the socio-cultural impact of tourism real estate that it leads to the transfer of local residents and the destruction of the community ecology, significant increase of regional housing price and controversies over the fairness of resource allocation and usage, and difficulties for local residents to purchase their houses in the market. Further more, the paper discusses the effectiveness of government policy. And the authors point out that special consideration is necessary for administrating tourism real estate in historic towns.
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Received: 02 June 2009
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2010, Vol. 25 
