Cost Factors

Absent of tax relief and incentive soft loan system for tourism entrepreneurs and startups.

Lack of venture capital provision.

Unscientific random pricing system of tourism product and services.

High rate of inflation

Minimum benefits (wages) for tourism industry labor force that lead hampering sustainability and high rate of labor turnover.

High cost of Basic tourism Infrastructures because of geographical situation.

Unaware towards implementation of e-tourism distribution which lead monetary and time cost for customers (tourists).

Expensive all means of tourist transportation.

Countries-wise dual model of pricing policy (tickets, royalties) imposition for tourists which lead cost discrimination.

Costing with VAT and addition in service charges on tourists dining Menu.

Knowledge Factors

Inadequate Research and Development Culture among public and corporate sectors.

Unawareness of tourism innovation concept and unwillingness of application of available tourism innovation (tourism stakeholders).

Lack of high skilled human power and insufficient training and skilled development opportunities.

insufficiency of Tourism and hospitality higher education institutions9Academic and vocational).

Ignorance of triple helix co-relation towards tourism industries integrated knowledge generation (government, corporate and academia Collab).

Lack of information of innovative technology available for TSMEs. (tourism small and medium size enterprises)

Maximum dependency on foreign expert and INGO’s to conduct mountaineering and adventurous tourism research.

Lack of willingness towards tourism knowledge transferand deficits of infrastructural mechanism for knowledge -transferring.

Main Strems universities negligible efforts on creating tourism research and publication.

Absence of advance and Nepalese tourism environment contextual tourism curricular of limited existed tourisms academy and research centers.

Public and private sectors ignorance towards tourism products value create, value add, and value retention.

Market Factors

Unhealthy competition among tourism corporate sectors.

Failure to build diversify Nepalese signature tourism BRAND.

Relaying on traditional marketing and promotional practice.

Weak provision towards community participation tourism market.

Weakening quality products and service to compete international tourism market standard.

High level of dependency on seasonal tourism.

Lack of efforts taken from private sectors of alternative product, brand, market, innovation and digitalization…

Inadequate knowledge towards regional and peripheral competitor’s tourism products and services.

Maximum exploitation of existing tourism resources, unawareness of developing new tourism product line (far-western, midwestern and far-eastern region totally neglected).