In this paper,base on the analysis of industry chain and value chain of tourism project,the author reconsidered the characteristics of investment of tourism project,introduced real option,analyzed latent risk and investment value in the course of staged investment of tourism project,and put forwards the strategy of flexible management of tourism project.

Based on the analysis of the inside and outside environment that tourism project investment faces,this paper carries on detailed risk analysis of the private capital investment in tourism project from the three aspects of risk discernment,risk assessment and risk appraisal.

Based on this, the appraise about great tourism project is processed combining the practical facts in our country.

Combining the characteristics of the Changshou lake,this article applies the Extension Strategy-Tactics-Planning(ESTP) to planning the tourist project.

Proceeding from the concept of a project to that of a tourist project, an analysis of the relationship between them is made.

Investment Risk Analysis and Risk Decision for Tourism Projects;

It makes a conclusion of the practical work of tourism development master planning of some small town,according to the general principles of reginal tourism planning,and exemples of some Small towns tourism projects planning.

Experience tour item design is the core and sprit of tour site planning.

Experience tour item planning includes vertical deep planning and horisontal conformity planning.

Interactive relationship between water tourism development and Shanghai EXPO in 2010;