In order to develop local tourism, a local government bought the management right of all local tourist landscapes to private enterprises. What are the pros and cons?

In favor: introduce funds to develop resources, increase the rapid development of local economy and bring development opportunities to local people. After all, with more people, its supermarkets, clothing stores and hotels will develop. Moreover, tourism does little harm to its environment: all the management rights are sold, which easily leads to market monopoly, and the others are unclear. In a word, I think the advantages should outweigh the disadvantages.