A Study on the Tourism of Welfare Housing in Mountain Waterside - Focusing on the Financial Feasibility Study of Complex Tourism Projects -

This study is a study on the complex tourism of healing welfare housing for retirees along mountain waterside. The area of Unilam Valley in Jinan, Jeollabuk-do, which has a medicinal storytelling material in Jinan, Jeollabuk-do, is adjacent to a meditation center, and has a mountain water side development form, was selected as an example site. Three types of scenarios for each case for this commercialization were presented, and financial feasibility study was performed. The results are as follows. The financial feasibility analysis results of Scenario 1 show very good financial feasibility study figures with an IRR(internal rate of return) of 18.59%, a NPV(net present value) of 5 billion won compared to 30 billion investments, a PP(payback period) of 2.86 years, and a B/C(cost-benefit ratio) ratio of 1.93. The financial feasibility study results of Scenario 2 show very good financial business feasibility figures with an IRR of 14.96%, a NPV of 2.9 billion won compared to 20 billion investments, a PP of 2.98 years, and a B/C ratio of 1.93. The financial feasibility study results of Scenario 3 show relatively good feasibility study figures with an IRR of 12.52%, a NPV of 1 billion won compared to 10 billion investments, a PP of 5.23 years, and a B/C ratio of 1.80.