Natural and cultural resources are free and scarce resources that are essential for the tourism and hospitality industry. These include climate, landscapes, ecosystems, urban heritage, arts, traditions and cultural formations. While providing attractions for tourists, these resources are limited in supply. The document discusses how tourism can impact local resource availability and quality while also contributing to conservation when well-managed. It also outlines how tourism resources include tangible attractions, accommodation, transportation as well as intangible image and reputation, and human resources like workforce skills. Controlling and rewarding sustainable use of these free and scarce resources is important for tourism development.