Estimating the economic value of natural promenades by using travel cost approach (Case study: Fateh Park)

Urban parks have important resorts values for spending people’s leisure time. Fateh Park located in Alborz province and considered such as a level of qualitative services to public although the economic valuation of these services by normal measures has been very difficult; so mostly estimating economic value has been done by considering some indexes. In this study in order to achieve the mentioned goal, valuation, survey and analysis of the region has been done by completing 300 Clawson questionnaires at the maximum resorts time (June-July 2012) in terms of travel cost method (TCM). Results indicated that resorts value of Fateh Park by estimating demand of recreational place and calculating surplus consumer’s welfare is equivalent to 138,750,000 Rails which in turn has been noted by policy and decision makers to support the urban parks.