“…Sharpley (2000), Liu (2003), Hunter (1995), Hassan (2000), Hunter and Shaw (2007), Lee (2013), Fodness (2017) etc., all studies discussed the importance of sustainable tourism (STOUR) in socio‐economic and financial agenda across the countries. The major studies strikes that financial management if properly executed would helpful to expand the hospitality industry (Harris & Brown, 1998) while the deployment of energy sources boosts EG through skilled human factor (Mwandosya and Luhanga (1993). The introduction of public‐private partnership in terms of financing in energy infrastructure, by adopting cleaner energy technologies, developed strong institutional framework and used desired renewable energy mix, all are important determinants of global sustainable development (Spalding‐Fecher, Winkler, & Mwakasonda, 2005).…”