This study explores the role of local communities in destination ecosystem governance through the comparative case studies of Strandzha in Bulgaria and Southern Konnevesi in Finland—two peripheral European regions with distinct cultural and natural resources. Using the theoretical framework of ecosystem governance approach, the research highlights how local stakeholders engage in co-creation and adaptive practices despite limited resources and peripheral positions within tourism value networks. The findings obtained by semi-structured interviews, document analysis, and thematic analysis reveal that community-driven development, complemented by inclusive governance models and shared strategic goals, fosters regional benefits aligned with locals’ needs. Both destinations demonstrate context-specific adaptation, offering complementary tourism products that enhance visitor experiences through cultural exchange, heritage preservation, and traditional knowledge sharing. However, the peripheral role of locals due to structural constraints challenges full ecosystem integration, underscoring the need for governance frameworks that empower them. This comparative analysis contributes to the understanding of how heterogeneous local communities navigate complex destination ecosystems and highlights the need for policies promoting interconnectedness, regeneration, and equitable participation. The study offers practical insights for rural tourism development, emphasizing community resilience and local knowledge as key resources for sustainable tourism.