Abstract
This study investigates the impact of tourism development on the well-being of impoverished residents in the urban area of La Candelaria, Bogotá, and the rural area of La Macarena, Meta. The participants were recruited using Colombia’s SISBÉN classification system by approaching individuals in public spaces such as bakeries, markets, and restaurants. After confirming their residency, only those classified in categories A (extreme poverty), B (moderate poverty), or C (vulnerable population) were included in the study. Data collection took place in May 2017, resulting in 307 surveys from the participants across both locations. Using Partial Least Squares Structural Equation Modeling (PLS-SEM), the findings reveal that economic benefits are the most influential factor, significantly enhancing happiness and life satisfaction. While cultural and environmental benefits are acknowledged, they are less directly linked to personal well-being. The study highlights tourism’s complex role in promoting economic growth and shaping the social, cultural, and environmental aspects of community life. However, it also identifies potential risks, such as environmental degradation and social disruption, particularly in different spatial contexts. The research underscores the need for tourism development to provide tangible, personal benefits that align with residents’ economic and emotional priorities, ensuring sustainable and equitable outcomes, especially considering the spatial disparities between urban and rural areas that influence tourism’s effectiveness in improving well-being and alleviating poverty.