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One of the challenges in global sustainable tourism development is knowledge flow and sharing among development assistance donors and recipients in developing countries. This chapter integrates the concepts of knowledge management and consensus building to construct a virtual network, leveraging information communication technologies for identifying global tourism priorities and sharing knowledge for sustainable development. The factors and relationships that influence the effective use of professional virtual communities for knowledge sharing are identified and examined. They are integrated for proposing a conceptual framework to study effective knowledge sharing in virtual communities for global sustainable tourism development.