scholarly journals The Short-Term Impact of SARS on the Chinese Economy

2004 ◽  
Vol 3 (1) ◽  
pp. 57-61 ◽  
Author(s):  
Wen Hai ◽  
Zhong Zhao ◽  
Jian Wang ◽  
Zhen-Gang Hou
Keyword(s):  
Tourism Industry ◽  
Chinese Economy ◽  
Total Loss ◽  
Short Term ◽  
Tourism Sector ◽  
Multiplier Effect ◽  
Service Sectors ◽  
Negative Impacts ◽  
Tourism Revenue ◽  
China’S Economy

During the peak of the outbreak of severe acute respiratory syndrome (SARS), we conducted a survey in Beijing on 18 April 2003 to determine the economic impact of SARS, in particular its effects on several service sectors in China. The survey indicated that SARS had significant negative impacts on China's economy. The tourism sector was hit the hardest. We estimated that by the end of 2003, China's tourism revenue from foreigners would decrease by about 50–60 percent (amounting to about US$10.8 billion) compared with the tourism revenue in 2002 and revenue from domestic tourists would decrease by around 10 percent (amounting to about US$6.0 billion). Thus, we predicted that the total loss to China's tourism industry would be around US$16.8 billion by the end of 2003. We also concluded that SARS would cause, through a multiplier effect, a total loss of US$25.3 billion to China's economy and that the growth rate of China's GDP in 2003 would be 1–2 percentage points lower than it would have been if the SARS outbreak had not occurred.

scholarly journals The impact of the COVID-19 outbreak on Chinese-listed tourism stocks

2021 ◽  
Vol 7 (1) ◽  
Author(s):  
Wenmin Wu ◽  
Chien-Chiang Lee ◽  
Wenwu Xing ◽  
Shan-Ju Ho
Keyword(s):  
Stock Returns ◽  
Cultural Differences ◽  
Stock Price ◽  
Negative Impact ◽  
Tourism Industry ◽  
Regression Analyses ◽  
Short Term ◽  
Tourism Sector ◽  
Event Study Method ◽  
The Impact

AbstractThis 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 the non-linear relationship between the government’s responses and stock returns. The results present that the resurgence of the virus in Beijing did bring about a short-term negative impact on the tourism industry. The empirical results can be used for future researchers to conduct a comparative study of cultural differences concerning government responses to the COVID-19.

scholarly journals Dampak Pengembangan Pantai Kilo Lima pada Masyarakat Lokal di Kota Luwuk Kabupaten Banggai

2020 ◽  
Vol 2 (2) ◽  
pp. 136-144
Author(s):  
Anda Prasetyo Ery ◽  
Dharma Kuba ◽  
Ariesta Ariesta
Keyword(s):  
Natural Resources ◽  
Positive Impact ◽  
Tourism Development ◽  
Local Communities ◽  
Tourism Industry ◽  
Descriptive Research ◽  
Tourism Sector ◽  
Negative Impacts ◽  
The Impact ◽  
The Relationship

Tourism development often does not pay attention to the preservation of natural resources and local culture which are also affected by tourism development and considers that the tourism industry is an industry whose existence is interrelated. This research is descriptive research in the form of written or oral words from people and observable behavior and to be able to better identify the variables to be examined in relation to them and aims to present a structured, factual, and accurate description of the facts -fact and the relationship between the variables to be studied. From the results of the study there are positive and negative impacts that arise. Both environmental, socio-cultural, and economic impacts on local communities who are the main actors who feel the impact of tourism development. The community has felt the positive impact provided by the tourism sector. Although there are still negative impacts that are also felt.

scholarly journals Dampak Sosial Ekonomi Pariwisata Terhadap Pedagang Souvenir Di Daya Tarik Wisata Pura Gunung Kawi Tampaksiring Gianyar

2018 ◽  
Vol 6 (1) ◽  
pp. 19
Author(s):  
Ni Wayan Ariyoshi Sastra Ningsih ◽  
Ida Ayu Suryasih
Keyword(s):  
Economic Impact ◽  
Local Community ◽  
Tourism Industry ◽  
Local People ◽  
Literature Study ◽  
Tourism Sector ◽  
Job Opportunity ◽  
Socio Economic Impact ◽  
Negative Impacts ◽  
Good Attitude

The tourism grows fastly and attract more villagers and local organization to develop tourism industry in order to get an income for their own region. It should give benefits for local people, government and investors. Tourism is an activity that involves the local community, and also bring impacts to them.One of the of tourism sector is socio-economic. Socio-economic impact of tourism is generally focus on the change of sales, incomes, and employments. This research has been conduct in Gunung Kawi Temple, Tampaksiring, Gianyar. This research aims to determine the socio-conomic impacts of tourism toward souvenir sellers who are part of local people. The data are collected through observation, interviews, questionnaires, and literature study. The results of this study show that tourism activities in Gunung Kawi Temple give positive impacts toward the job opportunity and a good response from the souvenir sellers. However, the tourism development also brings negative impacts toward the price of products, and it becomes cheaper. This happen because they compete to sell the similiar products. In addition, they have an unfriendly attitude to offer their products to the tourists. The managers of this tourist attraction (in this case are local people and government) should improve the design of souvenir kiosks to make it more clean and beautiful to tourists. They should give more trainingto the seller about good attitude of selling products. They also should give motivations to handicraft makers to make them keep innovate and invent new products, therefore the product will be more varieted.   Keywords: Socio-Economic Impact of Tourism, Souvenir Sellers, Gunung   Kawi Temple

Impacts of Terrorist Events on Tourism Development: Evidence from Asia

2021 ◽  
pp. 109634802098690
Author(s):  
Yingying Sun ◽  
Mingzhi Luo
Keyword(s):  
Negative Impact ◽  
Positive Impact ◽  
Tourism Industry ◽  
Terrorist Attacks ◽  
International Tourism ◽  
Muslim Countries ◽  
Tourism Sector ◽  
International Tourist ◽  
Terrorist Events ◽  
Tourism Revenue

To examine terrorism impacts on international tourism industry in Asia, we collected data from 46 countries from 1995 to 2016, with a total of 1,012 samples. Our results showed that terrorism had a more consistent negative impact on international tourism revenue (ITR) than on international tourist arrivals. While the frequency of terrorism had a significant positive impact on ITR, when controlling for terrorist events which did not cause fatalities, such positive impact changed to negative. A further finding was that the Asian tourism market greatly developed following the 911 event, even though ITR decreased in Muslim countries with high risk of terrorist attacks. The current study makes a contribution to the understanding of terrorism features which may prove useful to strengthening antiterrorism policy in the tourism sector.

scholarly journals Evaluating the Impact of COVID-19 on Society, Environment, Economy, and Education

2021 ◽  
Vol 13 (24) ◽  
pp. 13642
Author(s):  
Vijay Kumar ◽  
Hammam Alshazly ◽  
Sahar Ahmed Idris ◽  
Sami Bourouis
Keyword(s):  
Negative Consequences ◽  
Education Society ◽  
Tourism Sector ◽  
Conventional Teaching ◽  
Travel Restrictions ◽  
Service Sectors ◽  
Negative Impacts ◽  
Economy And Education ◽  
The Impact ◽  
Modern Technologies

The COVID-19 pandemic has caused drastic changes across the globe, affecting all areas of life. This paper provides a comprehensive study on the influence of COVID-19 in various fields such as the economy, education, society, the environment, and globalization. In this study, both the positive and negative consequences of the COVID-19 pandemic on education are studied. Modern technologies are combined with conventional teaching to improve the communication between instructors and learners. COVID-19 also greatly affected people with disabilities and those who are older, with these persons experiencing more complications in their normal routine activities. Additionally, COVID-19 provided negative impacts on world economies, greatly affecting the business, agriculture, entertainment, tourism, and service sectors. The impact of COVID-19 on these sectors is also investigated in this study, and this study provides some meaningful insights and suggestions for revitalizing the tourism sector. The association between globalization and travel restrictions is studied. In addition to economic and human health concerns, the influence of a lockdown on environmental health is also investigated. During periods of lockdown, the amount of pollutants in the air, soil, and water was significantly reduced. This study motivates researchers to investigate the positive and negative consequences of the COVID-19 pandemic in various unexplored areas.

scholarly journals The Impacts of Covid-19 on nature-based tourism in Botswana: Implications for community development

2021 ◽  
Author(s):  
Lesego S. Stone ◽  
Moren T. Stone ◽  
Goemeone E. J. Mogomotsi ◽  
Patricia K. Mogomotsi
Keyword(s):  
Community Development ◽  
Low Cost ◽  
High Volume ◽  
Tourism Industry ◽  
Travel And Tourism ◽  
Tourism Sector ◽  
Regional Markets ◽  
Study Results ◽  
Negative Impacts

COVID-19 has had significant impacts on industries and individuals globally. Due to restrictions put in place to reduce the spread of the disease, it has affected the travel and tourism industry. Using the concepts of ecotourism and sustainable tourism, a systematic qualitative document analysis of available literature was carried out to determine the impacts of the COVID-19 pandemic on nature-based tourism and its implications on community development, using Botswana as a case study. Results indicate that due to the unsustainable and predominant dependence on the international market, the tourism sector in Botswana has come to a standstill. Furthermore, the promotion of domestic tourism to nature-based attractions may lead to conservation issues. COVID-19 has also had an impact on community development through abrupt losses of employment and income. However, several positive environmental impacts have also been experienced. The paper calls for a transformation of the tourism sector to make it more resilient. As a response measure, it is necessary to assess whether there is a need to call for a change in policy from high-value low-volume to low-cost high-volume, which may have negative impacts on conservation. However, as an adaptive response, we assert the need to diversify tourism products to consider the needs of both domestic and regional markets so that the focus is not just on nature-based tourism and international clientele.

Structural Changes in Chinese Economy: Progress and Challenges

2018 ◽  
Vol 10 (04) ◽  
pp. 49-59
Author(s):  
Yanrui WU
Keyword(s):  
Economic Growth ◽  
Structural Changes ◽  
Economic Restructuring ◽  
Chinese Economy ◽  
The State ◽  
Short Term ◽  
Development Goals ◽  
China’S Economy

This article presents a review of the progress in economic restructuring in the Chinese economy. It explores the role of consumption versus investment in economic growth, trends in inequality, growth of the state and non-state sectors, and balancing between short-term and long-term development goals. It also discusses the major challenges in China’s economy and hence Chinese policymakers’ possible responses in the coming decade.

Digital marketing in tourism: why Greek tourists use digital marketing applications like Airbnb

2019 ◽  
Vol 13 (4) ◽  
pp. 473-486 ◽  
Author(s):  
Lambros Tsourgiannis ◽  
Stavros Valsamidis
Keyword(s):  
Sharing Economy ◽  
Peer To Peer ◽  
Demographic Characteristics ◽  
Tourism Industry ◽  
Digital Marketing ◽  
Short Term ◽  
Policy Makers ◽  
Content Type ◽  
Marketing Application ◽  
Tourism Sector

Purpose The purpose of this paper is to explore the attitudes of tourists toward digital marketing applications related to peer-to-peer short-term rental services within the sharing economy in the tourism sector. It aims to identify the factors that make Greek tourists to use these applications and to classify them into groups according to their attitudes toward these websites and to profile each group of tourists according to their personal and demographic characteristics and their preferences regarding their holidays/travel. Design/methodology/approach A primary survey was conducted in April 2018 for a random selected sample of Greek tourists. Principal component analysis was conducted to identify the main factors that affect tourists in using digital marketing application related to peer-to-peer short-term rental services within the sharing economy in the tourism sector. Cluster analysis was performed to classify tourists into groups according to their attitudes toward the use of these websites while discriminant analysis was conducted to check cluster predictability. Non-parametric tests, including the chi-square test, were performed to profile each strategic group according to their demographic characteristics and their preferences regarding their holidays/travel. Findings The study classified tourists into three groups, i.e. pioneers, convenience seekers and conscious, according to their attitudes toward the use of such applications. Research limitations/implications The choice for the Greek context of the research is justified by the fact that Greece has suffered from recession in the last decade, but it is also a tourism-friendly country. The empirical results of this pioneer study should trigger further investigation. Although tourists’ behavior towards the adoption of digital marketing application related to peer-to-peer rental services within the sharing economy in the tourism sector might be culturally specific and the results are mainly applicable in the Greek market, they could be generalized in other countries with similar characteristics in both Greece and other parts with similar characteristics. Practical implications Tourists are extremely important both for developers and policy makers in tourism industry. For developers such information is important because the expectation of viable markets will motivate investments. For policy makers, this type of information will help them to respond more adequately through regulation tools and programs. From a practical perspective, the tourism operators may benefit from focusing on their differentiating features and aligning their marketing communication with their tourists’ aspirations by developing, optimizing and customizing their websites according to the needs of the customers and the extension of touristic activities to other sectors of tourism industry. Social implications Visitors who choose Airbnb accommodations spend more days travelling; consequently, the market size of the tourism industry expands from the increase in the number of visitors. Originality/value The originality of the paper derives from the understanding of the tourists’ behavior toward the adoption of digital marketing applications related to peer-to-peer rental services within the sharing economy in the tourism sector. More specifically, it identifies the factors that make Greek tourists to use those applications, classifies them into groups according to their attitudes towards those websites and profiles each group of tourists according to their personal and demographic characteristics and their preferences regarding their holidays/travel.

The tourist experience in Portugal – how to maintain authenticity?

2017 ◽  
Vol 9 (6) ◽  
pp. 640-645
Author(s):  
Jorge Costa ◽  
Silva Carvalho ◽  
Daniela Rodrigues
Keyword(s):  
Design Methodology ◽  
Round Table ◽  
Tourism Industry ◽  
International Tourism ◽  
Content Type ◽  
Effective Strategies ◽  
Current State ◽  
Tourism Sector ◽  
Tourist Experience ◽  
Negative Impacts

Purpose This paper aims to identify the importance of authenticity of the tourist experience, based on the main conclusions of the International Tourism Forum Round Table, attended by representatives of the main entities of the tourism sector in Portugal. Design/methodology/approach The main conclusions resulting from the International Tourism Forum Round Table are presented and discussed. The event was organised by the Institute for Tourism Planning and Development, under the theme “Tourism in 2017: trends and opportunities for businesses and destinations”. Findings The International Tourism Forum Round Table concluded that the tourism industry worldwide and in Portugal in particular, is facing major challenges that call for innovative ways of managing the tourist experience. Several questions regarding the negative impacts of tourism have been discussed, with authenticity being one of the major concerns. Originality/value The profiling of the current state of Portuguese tourism, its opportunities and challenges allows the design of more effective strategies to improve the Portuguese tourist offer and the experience of tourists visiting Portugal.

The Disruptive Effect of Technological Innovation in the Tourist Accommodation Industry

2021 ◽  
pp. 2140008
Author(s):  
Eva Porras González ◽  
José María Martín Martín ◽  
Jose Manuel Guaita Martínez ◽  
Hamid Hamoudi Amar Khodja
Keyword(s):  
Technological Innovation ◽  
Economic Impacts ◽  
Field Work ◽  
Tourism Industry ◽  
Disruptive Effect ◽  
Business Network ◽  
Online Platforms ◽  
Tourism Sector ◽  
Negative Impacts ◽  
Tourist Accommodation

This work focuses on the disruptive effect generated by online tourist accommodation platforms. This technological innovation has brought about changes not only in the tourism industry, but also in the lives of the citizens of host communities. This research analyzes the perception that citizens economically dependent on tourism have the socio-economic impacts linked to the activity of these online platforms. The field work was carried out in Spain in April 2020 by means of a survey in which citizens residing in one of the main tourist cities in the country took part. This analysis has allowed for the construction of four categories of positive impacts and four categories of negative impacts, all linked to disruptive technological innovation in the tourism sector. The most salient impact is related to how citizens economically dependent on tourism assess the changes taking place in the existing business network. This group’s assessment might possibly be the consequence of a shift in the focus of local businesses, which have gone from resident-oriented businesses to tourist-oriented businesses. The most salient impact is related to how citizens economically dependent on tourism assess the changes taking place in the existing business network.

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