Financial Analysis of Community-Based Natural Tourism at Rinjani Barat Forest Management Unit

The use of protected area of Sesaot forest as a natural tourism object, on the one hand can give benefits for the involved parties, but on the other hand its management needs a lot of cost. This research is aimed at assessing the feasibility of Sesaot's natural tourism business. The primary data was collected the through interviews with business stakeholders as well as to visitors/tourists. The research showed that: (a) visitor were 96% coming from cities/regencies in Lombok Island; 82% of respondents interviewed were coming for the reasons of the natural potential (springs and forest panorama); and 38% of visitors spent mostly on culinary and then for tickets; (b) Sesaot's natural tourism business is in terms of finance is categorized as not feasible with the criteria of NPV calculation equals to -1, 817, 810, 395.00; B/C is equals to 0.64; and IRR is equal to -9.67.