Abstract
Blue Lagoon Tourism Village is one of the developing tourism villages in Sleman Regency. Blue Lagoon Tourism Village has great potential to become an advanced tourism village when viewed from the aspect of attraction, accessibility, facilities, and ancillary services (4A). Research objectives are to calculate the economic valuation using the travel cost method and calculate bequest value of the Blue Lagoon Tourism Village. This research conducted by sequential explanatory technique that uses quantitative and qualitative methods in sequence. Assessment of the economic value of tourism activities in the Blue Lagoon analyzed using the Individual Travel Cost Method (ITCM). Multiple linear regression tests were also conducted to obtain the value of regression function. Otherwise calculation of bequest value is carried out using the contingency valuation method (CVM) in the form of willingness to pay (WTP). Potential economic value of Blue Lagoon Tourism Village is IDR 6 019 052 924 yr–1, while actual economic income is IDR 1 802 827 450 or 23.05 % of economic potential. Bequest value of Blue Lagoon is IDR 610 521 783 yr–1 with 6.45 ha of area, so bequest value based on area is IDR 94 650 758.
Highlights
Tourism is all activities related to the object of attraction with the aim of refreshing physical and psychological conditions
The average frequency of visitor in one year is 2.28 times, so it is known that the value of the consumer surplus per individual per visit is IDR 123 364
Absorption of economic potential that is still below 30 % is due to the lack of interest in visitors spending their money on some services such as food stand or in the rental swimming equipment
Summary
Tourism is all activities related to the object of attraction with the aim of refreshing physical and psychological conditions. Tourism village is a village that is developed without changing what already exists and is more likely to explore potential by utilizing all aspects contained in the village [2] Village can have both positive and negative impacts on the community and the physical environment. These tourism activities can have a negative impact especially on the physical environment that comes from garbage produced by tourist activity. Another impact that can arise in the form of conversion of agricultural land as a consequence of the expansion of the tourist area in the village [4]
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