Destinations in their quest to harness the economic benefits of tourism as rapidly as possible may do so not being fully aware of or with disregard towards the potential negative impacts that can accompany such development, particularly on the local community and environment. This paper highlights key destination planning and management issues, particularly highlighting moot factors such as sustainable tourism, tourism stakeholder collaboration, destination carrying capacity, impacts of tourism, as well as discussion on major tourism development models of the Tourism Area Life Cycle (TALC), Irridex and Visitor Impact Management (VIM). While some of the issues have been applied within the context of Macau, strategic planning and management for tourism development through the integration of these major tourism concepts in any destination will greatly assist in creating an optimum environment for the various tourism stakeholders, and in maintaining the destination's continued attractiveness to visitors and qualify of life (QOL) for the local community.