The future of tourism industry will be affected by major social, economic, political, environmental, and technological changes, bringing new and often unseen challenges, threats and opportunities. The speed of technological progress has changed societal expectations and at the same time is...

The tourism and hospitality industry currently faces one of its most serious operational, commercial, and financial crises as a result of the worldwide spread of COVID-19. Both destinations and source markets are substantially affected and have suspended operations and commercial activities....

In the globalization era, many products in the tourism industry are imported from other economies; whereas other products may be exported as intermediates to other economies. Researchers have assessed the economic impact of tourism for more than 40 years, but have shed little light on the...

Every day, companies are exposed to various risks arising from their environment, and small and medium enterprises (SMEs) are the most affected. This study emphasizes innovation and resilience as the starting points to understand how SMEs are influenced by external factors which are independent...

The COVID-19 pandemic has had a significant impact on the way tourism activities are conducted. Restrictions on moving from place to place have likely limited the spread of the SARS-CoV-2 virus but have also led to economic crisis in many countries around the world. In this article, we assessed...

In the service sector, such as tourism and hospitality, a traveler often tries to find information about their destination digitally, comparing it to alternatives available to have the best option. This demand businesses that are in the tourism and hospitality sector to advertise their...

Women’s entrepreneurship is not just an economic issue; it is seen as an important issue that includes gender equality, democracy, family life quality and social welfare. This study is an effort to specify the motivations of women entrepreneurs in the tourism industry. The study was carried out...

This study empirically examines the effect of tourism and ICT on inclusive development. Inclusive development is approached as human development adjusted for environmental sustainability; ICT is based on mobile phones subscription rate, internet penetration and fixed broadband subscription and a...

The global events of the third decade of the 21st century prove that the specter of humanitarian problems caused by health and military crises is real, and even very probable. Contemporary tourist entities, however, are not doomed only to a destructive reaction, but can also assume a significant...

The study focused on the application of Open Innovations (OI) in industrial heritage tourist sites. The transformation of a former industrial plant into a tourist attraction is one of the most effective ways of heritage preservation. However the process of revitalization can take years or even...

The pandemic caused by the coronavirus continues to test barriers around the world. In this sense, the tourism industry has become the sector most affected by the crisis with more than 900 million euros in losses. Recovery will require a great effort, especially in countries where the sector...

The aim of this article is to reveal the connection and significance of the concepts of dark tourism and sustainable tourism for the sustainable development of tourism, especially for regional tourism growth. The article discusses the theoretical aspects of dark tourism and details the aspects...

This study aims to investigate the level of satisfaction of foreign tourists, specifically millennials, based on different dimensions of destination image and the quality of the tourist services in Belgrade, the capital of the Republic of Serbia, as an emerging destination. Despite the tarnished...

Using the event study method, we examine the impacts of the Russia-Ukraine war 2022 on the global tourism sector stocks. The findings suggest that the impact is different for firms in different market sets. The cross-sectional analysis reveals that some country- and firm-specific variables...

Understanding how cities can promote low-carbon travel among tourists is critical for sustainable urban governance. This study analyses low-carbon travel intentions of city tourists in China to develop the low-carbon travel potential (LTP) index which can aid urban policymakers in...

The COVID-19 pandemic affected the tourism sector. We investigate the impact of COVID-19 on tourism industry and specifically the possible shocks transmitted from the aviation sector to the rest sectors of tourism and how the last response to volatility. We found that shocks during the pandemic...

The year 2020 started with the one carryover disease presented as atypical pneumonia which was identified as a severe acute respiratory syndrome later termed as COVID-19 and spread all through the globe. Some of the major countries namely America, India, Italy, Spain, China (Spreader Country),...

Tourism is considered a highly relevant sector as a source of economic growth and job creation. This sector creates 330 million jobs worldwide, both direct and indirect (WTTC, 2020). However, many of the studies highlight the precarious working conditions in this industry, such as low wages,...

India is a land of rich history, cultural and geographical diversity in World. India has one of the Seven Wonders of the World and its diversity make India one of the best international tourist destinations. The worldwide eruption of COVID-19 has brought the world to a standstill, and tourism...

The Indian stock market recovered from the COVID-19 shocks as the NIFTY50 soared its peak on 09 November 2020. However, we evidence that the average return of the tourism sector was still lagging behind by approximately 33 percent. Using the event study methodology, we find that the post-event...

Tourism is a money-spinning industry that is worth mentioning in Malaysia. The main concern of this research is to identify does Halal Tourism has an encouraging impression the economic growth of the Malaysian state while studying the means to cultivate or promote halal tourism more in Malaysia...

Many Mediterranean-type climates around the world will face increased risks of wildfires as a consequence of climate change. In this study we consider the case of Portugal and estimate the impact of the increasing risk of forest fires on tourism. Using data for 278 municipalities for the...

COVID-19 has a negative impact on business performance through anti-contagion regulations and consumers’ self-restraints. It is especially serious in specific service industries such as hospitality, tourism, entertainment, and cultural industries. Empirical studies have been carried out on the...

This article explores the multiplier effects on domestic product, employment, and the external sector of the US economy due to the decline of tourism activities during the pandemic. For this purpose, we use an input-output model and the latest available input-output data from the Organisation...

Sustainable tourism supports a great level of tourist contentment and assures a significant experience for the visitors, realizes the importance of sustainability issues and encourages sustainable tourism practices and customs among them. Long-term success in tourism is possible only with the...

Tourism contributes 10% to global gross domestic product (GDP), yet it generates 5% of all anthropogenic CO2, while 50 to 60% of carbon emissions are indirectly related to the sector. High levels of poverty afflict rural areas in developing countries, and sustainable tourism based on renewable...

Purpose - The present research aims to examine a range of momentum trading strategies for the tourism and hospitality sector. Design/methodology/approach - The paper followed the methodology of Jegadeesh and Titman (1993) to construct the portfolios. In this methodology, all portfolios were...

Presently, when the whole world is busy celebrating the technological advancements, accumulated wealth and gains from globalization along with industrialization, poverty continues to stand as a ubiquitous and prevalent predicament in South Asia which is home to a quarter of the world population...

Poverty is a ubiquitous and prevalent predicament in South Asia which is home to a quarter of the world population and nearly one-third of the poor people in the world. Albeit, there has been a sizeable reduction in the poverty headcount ratio since 1990, about 256 million people remain in...

We develop a two-region Susceptible-Infected-Recovered-Macroeconomic model to evaluate the cooperative and non-cooperative cross-border travel arrangements during a pandemic. In a symmetric setting, the Pareto optimal is a cooperative travel arrangement that emphasizes exclusively on domestic...