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on Tourism Economics |
| By: | OECD |
| Abstract: | Tourism continues to be one of the sectors hardest hit by the coronavirus pandemic and, at the time of publishing this report, the outlook remains highly uncertain. OECD expects international tourism to fall by around 80% in 2020. Domestic tourism is helping to soften the blow, and governments have taken impressive immediate action to restore and re-activate the sector, while protecting jobs and businesses. Many countries are also now developing measures to build a more resilient tourism economy post COVID-19. These include preparing plans to support the sustainable recovery of tourism, promoting the digital transition and move to a greener tourism system, and rethinking tourism for the future. This report presents policy measures to mitigate the impact of COVID-19 on tourism and support the recovery, and draws initial lessons from the crisis to build a more sustainable and resilient tourism economy for the future. |
| Keywords: | coronavirus, COVID-19, impact, recovery, tour, tourism, tourist, travel |
| JEL: | Z38 L83 |
| Date: | 2020–12–16 |
| URL: | http://d.repec.org/n?u=RePEc:oec:cfeaab:2020/03-en&r=all |
| By: | , AISDL |
| Abstract: | The COVID-19 outbreak is causing severe damage to the tourism sector. Gradual restrictions are imposed by the world’s governments to improve social distancing and control the number of infected people. It creates a collapse in the tourism demand showing an unusual situation. The paper, after an in-depth analysis of the literature on the tourism value chain, aims to investigate actions and perspectives which influence tourism management in this challenging period. The study uses grounded theory to determine significant elements regarding the management of tourism. Through forty semi-structured interviews with individual people, the paper proposes a model of tourism restart based on value chain theory. The model finds out five relevant factors: tourist attractiveness (i.e., tourism flows, the composition of tourism flows, proximity tourism and coronavirus opportunities), receptive factors (i.e., new receptivity models, health, and prevention models), new business models (i.e., home delivery services, flow management applications, outdoor sports activities), digital divides (i.e., enhancement of the internet structure) and culture (i.e., new outdoor activities). This study contributes theoretically to the value chain theory establishing a model for tourism regeneration. Additionally, the paper gives new practical insights in terms of resilience activities that tourism entrepreneurs could implement for tourists. |
| Date: | 2020–10–14 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:tmzvf&r=all |
| By: | Elena Pokryshevskaya (National Research University Higher School of Economics); Evgeny Antipov (National Research University Higher School of Economics) |
| Abstract: | In this paper we use detailed data on 4,599 hotels located in Rome collected from TripAdvisor, the world's largest travel platform, to examine the causal effects of bubble ratings (detailed to half-bubbles) on hotel popularity measured with the number of people viewing the hotel’s page. By using a regression discontinuity design, we find that bubble presentation of ratings does not create any significant jumps at cutoffs. This result is different from those obtained in previous studies of similarly designed rating systems from other industries. Another finding is that web users tend to shortlist hotels with the bubble rating of at least 3. Despite that, there is no strong evidence of review manipulation around the 2.75 cutoff to make a transition from the 2.5-bubble rating to the 3-bubble rating. Potential uses of the number of views as a proxy of demand in hospitality and tourism research are outlined. |
| Keywords: | regression discontinuity, ratings, sales, booking, hotel reviews, TripAdvisor |
| JEL: | L83 M31 |
| Date: | 2020 |
| URL: | http://d.repec.org/n?u=RePEc:hig:wpaper:63/man2020&r=all |
| By: | - |
| Abstract: | Since April, tourism in the region has almost come to a temporary standstill as a result of the coronavirus disease (COVID-19) pandemic. This temporary paralysis has not only hit Caribbean economies and employment hard, but also many local communities in Latin America. Tourism accounts for half of services exports in Latin America and the Caribbean and represents significant shares of gross domestic product (GDP) and employment. An impact scenario shows that the slump in tourism may cause total GDP growth in the Caribbean and Latin America to fall by 8 percentage points and 1 percentage point, respectively, while total employment could potentially decline by 7 percentage points in the Caribbean and 1 percentage point in Latin America. As countries have taken measures to mitigate the impact of the crisis on tourism, recommendations are provided to step up the sector’s preparation for the economic recovery, while enhancing diversification as well as environmental and social sustainability. |
| Keywords: | COVID-19, VIRUS, EPIDEMIAS, ENFERMEDADES VIROSICAS, ASPECTOS ECONOMICOS, TURISMO, EMPLEO, INGRESOS, FOMENTO DEL TURISMO, SALUD, COOPERACION REGIONAL, COVID-19, VIRUSES, EPIDEMICS, VIRAL DISEASES, ECONOMIC ASPECTS, TOURISM, EMPLOYMENT, INCOME, TOURISM DEVELOPMENT, HEALTH, REGIONAL COOPERATION |
| Date: | 2020–12–15 |
| URL: | http://d.repec.org/n?u=RePEc:ecr:col025:46502&r=all |