In the context of tourism development, modernization and commercialization relentlessly colonize ethnic areas, reshaping the physical, social, and significant spaces of tourism destinations. Due to the influx of capital and the change of power subjects, ethnic tourism villages have become a new reality through the continuous deconstruction and construction of multiple subjects. The separation and integration of modernity and tradition has led to the alienation and tension of village social relations and structure. To examine the power subjects, spatial forms, spatial relations, and emotions involved in the process of tourism reproduction, this study, adopting Zhaoxing Dong village in Guizhou Province as a case, uses Lefebvre's theory of spatial production and the methods of field survey and in-depth interview to analyze the relationship between physical space, social space, and emotion from the three dimensions of social space and meaning space. This study assesses the "material-relationship-emotion" connection of multiple power subjects and self-consistency with tourism development. The results show the following. First, physical space can be replanned with the change of power subjects, which is conducive to the return of the labor force. The authenticity of villages can be maintained under discipline and control, but the constructed landscape symbol is the misplaced expression of ethnic villages. Second, for conflicts in the social space, local residents adopt the strategy of concession and do not withdraw, reaching a tacit understanding of space use and management at the wrong time with the managers. Zhailao, an authoritarian figure, has become a representative of resolving differences and promoting the consolidation and cohesion of social relations. Through the transfer and comprehensiveness of tourists and foreign operators, it reflects the open and inclusive hospitality and philosophy of local residents. Third, the meaning space can be reproduced through the local residents' emotional injection of festival events and culture, the inheritance of cultural habits, the inheritance of local conventions, and the memory and imagination of nostalgic things. From the perspective of tourism space reproduction, the study reviews and examines the multi space of Zhaoxing Dong village tourism and concludes that there are many social problems in Zhaoxing village, which imply many social contradictions. However, under the consensus of sharing interests, positive games, and harmonious coexistence, the multi-power subjects in Zhaoxing village have different opinions. After evaluating the development trend and potential of local tourism, they will make their own spatial arrangement, spatial compromise, relationship concession, and emotional adjustment under the consideration of multi-mediation, multi-organization coordination, and multi-relationships, to adapt to the changes in the physical, social, and meaning spaces engendered by tourism development. These changes can help shape the modern local culture, maintain the original rural style, embody ethnic customs, and carry forward rural humanistic and moral values. Moreover, they can provide a practical reference for the sustainable development of tourism and the prosperity and revitalization of beautiful ethnic villages.