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Impact investing in sustainable tourism drives positive social and environmental change generating financial returns. This emerging field focuses on investing in projects and business that promote sustainability, community development, and conservation within the tourism industry. The purpose of this study is to explore the opportunities and challenges associated with impact investing in sustainable tourism. The methodology involves a thematic analysis of existing literature on impact investing and case studies of successful impact investing projects to identify common strategies of sustainable tourism practices. The outcomes of this study will contribute to a deeper understanding of the potential impact of impact investing in sustainable tourism. By highlighting successful models and addressing challenges such as scalability, measurement of impact, and stakeholder engagement, this research aims to guide investors, policymakers, and industry stakeholders toward more effective practices in leveraging capital for sustainable development in the tourism sector.

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