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 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...

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...

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...

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...

Für die Reisebranche war das Jahr 2020 ein sehr schwieriges Jahr. Mehrere Lockdowns in Deutschland und anderen Ländern haben de facto zu einem totalen Stillstand der Branche geführt. Die Mobilität innerhalb Deutschlands und grenzüberschreitend wurde teilweise deutlich zurückgefahren. Auch...

There has been an increasing wave of globalization since the turn of the millennium. This study focuses on two by-products of globalization: dollarization and tourism. Empirical studies have ignored the possible relationship between dollarization and tourism. However, we hypothesize that a...

This research explored the effects of the coronavirus disease (COVID-19) outbreak on stock price movements of China’s tourism industry by using an event study method. The results showed that the crisis negatively impacted tourism sector stocks. Further quantile regression analyses supported...

Für die Reisebranche war 2020 ein sehr schwieriges Jahr. Mehrere Lockdowns in Deutschland und anderen Ländern haben de facto zu einem totalen Stillstand der Branche geführt. Die Mobilität innerhalb Deutschlands und grenzüberschreitend wurde teilweise deutlich zurückgefahren. Auch der...

This research analyzed the online reputation of Marbella as a tourist destination and the profiles of the reviewers according to sociodemographic characteristics. A correlational, quantitative research technique was used in this study based on the manual extraction of more than 4000 reviews...

The aim of this article is to use multiple discriminant analysis (MDA) and logit models to assess the risk of bankruptcy of companies in the Polish tourism sector in the crisis conditions caused by the COVID-19 pandemic. A review of the literature is used to select models appropriate to analyze...

In anticipation of recovery in the tourism industry post COVID-19, this study examines the economic impact of tourism on economic growth and other macroeconomic variables in a panel of 46 countries. Using system-GMM estimation, I find that tourism has a statistically significant positive effect...

This paper analyses impact of the COVID-19 pandemic on Croatian tourism. The analysis is based on data on tourism arrivals, overnight stays and tourist beds in the period January - September in 2019 and 2020, as later data for 2020 was not available at the moment of writing. Generated from the...

The COVID-19 pandemic has dealt a severe blow to the tourism business in Switzerland. Although it is a minor position in the Swiss export balance, it is nevertheless of considerable importance for those regions of the country that attract domestic and foreign visitors. As a consequence of the...

This article provides insights into the modalities of business-model change and innovation. On the basis of an analysis of empirical data of small and medium enterprises, a transition from wine production centrism to its expanded use in hospitality and tourism is explored. Previous research on...