scholarly journals Hedging Feasibility Perspectives against the COVID-19 for the International Tourism Sector

2020 ◽  
Author(s):  
Angeliki N. Menegaki
Keyword(s):  
Value Chain ◽  
Review Paper ◽  
International Tourism ◽  
Economic Sectors ◽  
Global Business ◽  
Policy Makers ◽  
The Past ◽  
Corona Virus ◽  
Tourism Sector ◽  
Basic Source

Nowadays tourism is growing as a gigantic, global business accounting for 10.4 % of Global GDP and 10% of global employment (Joppe, 2020). This review paper aims to explore the risks borne for tourism sector by the outbreak of corona-virus in 2020. Tourism sector is a highly vulnerable sector and the costs that will be borne from corona-virus pandemic will be devastating, particularly for the countries relying on this sector as a basic source of income. The paper suggests possible solutions and adaptation routes, while at the same time reviews lessons of the past from other pandemics and crisis. This paper is very useful for tourism policy makers and governments in countries where tourism contributes a significant part of their GDP, but also for other economic sectors closely but indirectly connected in the tourism value chain.

scholarly journals COVID CRISIS AND TOURISM EVOLUTION IN SOME EUROPEAN COUNTRIES: ADAPT TO REALITIES OR REINVENT THE FUTURE?

2021 ◽  
Author(s):  
Jean Vasile Andrei ◽  
◽  
Mihaela Cristina Drăgoi ◽  
Keyword(s):  
Economic System ◽  
Value Chain ◽  
European Countries ◽  
Economic Sectors ◽  
Health Crisis ◽  
Eu Countries ◽  
Synoptic Analysis ◽  
Tourism Sector ◽  
National Economic ◽  
Multiplicative Effects

The health crisis has exerted a significant pressure on the global economic system, implicitly on the evolution of tourism, value chain creation and supply chains, generating shocks on various national economic sectors. In this context, the objective of the paper is to make a brief synoptic analysis on the evolution of the tourism sector in some EU countries. Two periods of time were considered - before the onset of the pandemic (2018-2019) and during the pandemic (in 2020). The results of the analysis confirm the specific trends of reducing the multiplicative effects that tourism has on the economy as well as the decrease, even contracting of the sector, a phenomenon identified through specific analyzed indicators.

scholarly journals Prospects For The Application Of The Kpi System In Tourism During The Digitalization Process

2021 ◽  
Vol 58 (1) ◽  
pp. 67-72
Author(s):  
Farkhod Ozodovich Abdullaev, Nurulla Bakhromovich Fayzullaev
Keyword(s):  
Economic Sectors ◽  
Global Business ◽  
Tourism Sector

This article analyzes the increase in efficiency in the process of digitization of economic sectors. It also highlights the prospects for the next phase of the application of the KPI system in the tourism sector of the economy which is  a global business, taking advantage of the opportunities of digitalization and innovation.

scholarly journals Digital Communication: Convenience or necessity of modern tourism?

2021 ◽  
Vol 18 (3) ◽  
pp. 35-52
Author(s):  
Tatjana Cvetkovski ◽  
Violeta Cvetkovska-Tomanović
Keyword(s):  
Digital Technology ◽  
Digital Communication ◽  
Economic Sectors ◽  
Steady Growth ◽  
Generation Z ◽  
Corona Virus ◽  
Tourism Sector ◽  
Modern Business ◽  
On Line ◽  
New Generation

The paper deals with the role of digital communication in the tourism sector. The aim is to determine whether the use of digital communications is only an available opportunity or a necessity imposed by a new generation of travelers (the so-called Millennials and Generation Z) and new circumstances coused by the coronavirus pandemic. Communication and today digital communication are an important aspect of our lives. People use the Internet to do business, socialize, inform, share their impressions, to shop. The way people travel is changing as well. They look for information about touristic destination and products online, assess impressions of those who have already visited destinations or happenings and stayed in specific accommodation. Then they book transportation and accommodation on-line via websites and platforms. The tourism sector is information intensive and this is why digital communication is important for this sector. Some quickly got used to the new reality and began to use all the opportunities provided by the new digital technology, while some found it harder to accept. Until the beginning of 2020. tourism become one of the fastest-growing economic sectors in the world, and steady growth would certainly continue but corona virus pandemic happened and everything has stopped. The corona virus pandemic has set new requirements for the tourism sector and is already dictating new ways of doing business. Through various statistical and other data used in the paper, we will see that at the beginning the usage of digital technology and digital communication in the tourism sector was something that existed as a possibility but today this is a necessity of modern business.

scholarly journals A contribution of fuzzy logic to sustainable tourism through a case analysis in Brazil

2020 ◽  
pp. 1-14
Author(s):  
Luciano Barcellos de Paula ◽  
Anna María Gil-Lafuente ◽  
Daniela F. Alvares
Keyword(s):  
Sustainable Development ◽  
Case Analysis ◽  
Economic Sectors ◽  
Economic Issues ◽  
The Past ◽  
Tourism Sector ◽  
The World ◽  
World Tourism Organization ◽  
Tourism Activity ◽  
Tourism Organization

Society is increasingly concerned about environmental, social and economic issues. According to the World Tourism Organization, over the past six decades, tourism has experienced a continuous expansion and diversification to become one of the fastest-growing economic sectors in the world. Furthermore, studies affirm the complexity of the tourism sector and the fact that sustainable development depends on various topics that are not correctly identified by managers and policymakers. For these reasons, this paper aims to reflect on the effects of tourism and to propose alternatives that can be sustainably managed. In terms of results, knowledge gaps have been identified and, through a case analysis in Brazil, the forgotten effects of tourism activity that can have an impact on sustainable development have been exposed. Also, an algorithm has been presented to manage uncertainty and facilitate decision-making.

scholarly journals Synergies and Trade-offs in the Sustainable Development Goals – the Implications of the Icelandic Tourism Sector

2019 ◽  
Author(s):  
David Cook ◽  
Nína Saviolidis ◽  
Brynhildur Davíðsdóttir ◽  
Lára Jóhannsdóttir ◽  
Snjólfur Ólafsson
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Economic Sectors ◽  
Policy Makers ◽  
The Sustainable Development ◽  
Cruise Ships ◽  
Trade Offs ◽  
Tourism Sector ◽  
Development Goals ◽  
And Performance

The development of major economic sectors can provide the bedrock on which long-lasting national economic prosperity is formed. Iceland’s tourism sector is an example of a rapidly expanded industry in recent years, to the extent that it has become the largest sectoral contributor to the nation’s economy. The growth of the sector has led to a number of sustainability impacts, thus presenting opportunities and challenges in terms of meeting the seventeen Sustainable Development Goals (SDGs) of the United Nations. Using the case study of Iceland, this paper aims to advance conceptual understanding of the synergies and trade-offs between a nation’s tourism sector and performance across the 169 targets of the SDGs. Empirical results were derived from four theme-based focus groups, comprised of expert participants, who were tasked with completing scoresheets concerning their perception of the extent of synergies and trade-offs for each target. The majority (126 in number) of the mean scoresheet outcomes for the SDG targets revealed neither synergies nor trade-offs. However, 32 synergies and 11 trade-offs were identified. Many of the target synergies related to new economic opportunities, such as jobs, employment and training for young people. Target trade-offs tended to be environmental and social. In particular, concern was voiced about the greenhouse gas emissions of the Icelandic tourism sector, which derives from international aviation, cruise ships and rental car usage. The outcomes of this study are of particular relevance to tourism companies, policy-makers and governance institutes, all of whom are increasingly endeavouring to link their activities with the fulfilment of the SDGs, maximising synergies, mitigating the extent of any potential trade-offs, and potentially transforming trade-offs into synergies. Furthermore, the results are likely of interest to academics focused on researching the broad sustainability impacts of economic sectors and their contribution to meeting the visionary goals of the SDGs.

scholarly journals ANALISIS NILAI EKONOMI WISATA KEBUN KINA BUKIT UNGGUL KABUPATEN BANDUNG

2014 ◽  
Vol 1 (2) ◽  
pp. 44-55
Author(s):  
Listiana Widya Wanti ◽  
Yusman Syaukat ◽  
Bambang Juanda
Keyword(s):  
Public Goods ◽  
Economic Value ◽  
Demand Analysis ◽  
Tourism Demand ◽  
Demand Model ◽  
Monthly Income ◽  
Economic Sectors ◽  
The Past ◽  
Tourism Sector ◽  
Increasing Trend

For the past several decades, tourism sector is continuously growing and become one of the fastest growing economic sectors in the world. Indonesia also shows an increasing trend on tourism. PT Perkebunan Nusantara VIII (PT PN VIII), a state-owned plantation enterprise, is trying to develop agrotourism potentials in each of their plantation unit. Bukit Unggul plantation is one of many plantations owned by PT PN VIII, which has been developing Bukit Unggul Quinine Tourism since 2009. As a tourism site, Bukit Unggul has the intangible benefits and characteristics of public goods, which are non-rivalry, non-excludability, and congestible. The main characteristic of public goods is the absence of market and pricing mechanism. The objectives of this study are to identity factors that influence demand (visiting frequency) and to estimate the economic value of Bukit Unggul Plantation Tourism. This study used travel cost method in its economic analysis. The result of tourism demand analysis shows that demand (visiting frequency) is positively influenced by tourists’ monthly income and the time needed to get information about the tourism site, and it is negatively influenced by the distance to the site. Consumer’s surplus per visit in this tourism demand model is IDR 166,700. The economic value of Bukit Unggul Quinine Plantation Tourism Site is IDR 1,108,054,900 per year.

Identifying Barriers to Integration of Technology into Traditional Approach of Teaching: A Case Study of Mathematics Teachers in Former Transkei in the Eastern Cape

10.31355/12 ◽  
2017 ◽  
Vol 1 ◽  
pp. 063-071
Author(s):  
Agyei Fosu
Keyword(s):  
High School ◽  
Mathematics Teachers ◽  
Traditional Approach ◽  
High School Education ◽  
Eastern Cape ◽  
High School Mathematics ◽  
Policy Makers ◽  
The Past ◽  
Integration Of Technology ◽  
Teaching Of Mathematics

NOTE: THIS ARTICLE WAS PUBLISHED WITH THE INFORMING SCIENCE INSTITUTE. Aim/Purpose................................................................................................................................................................................................. The main aim of the study is to identify some of the barriers to the integration of technology into the teaching of mathematics in high schools. Background................................................................................................................................................................................................. Writing on chalkboards as a method of transferring knowledge is a key feature of traditional approach to teaching may have been successful in the past, but the minds of the current generation vary from those of the previous generation. Today’s students are immersed in technology. They are much more up-to-date on the latest technology and gadgets. Technology has certainly changed how students access and integrate information, so it plausible that technology has also changed the way students thinks. Growing up with cutting-edge technologies has left them thinking differently than students of past generations. This call for new innovative approaches to teaching that will cater to the students of today. Of course it is not wise to discard the traditional way of teaching that the past teachers have painstakingly created because of its past and some current success. This is why it is recommended to use this approach as a base for the new ones. Thus, if there is a way to transfer the advantages of this approach of teaching to new innovative approach then teachers should do everything in their power to merge the past and the present into one innovative teaching approach. Methodology................................................................................................................................................................................................. Purposeful sampling was used to survey a total of 116 high school mathematics teachers in the former Transkei Homelands. But only 97 questionnaires were deemed usable because of the way they have answered the questions. Microsoft excel was used in the descriptive statistics Contribution................................................................................................................................................................................................. To identify some barriers that need to be addressed by stakeholders, policy makers in high school education so that high school mathematics teachers will be able to integrate technology into their classroom teaching to meet today students’ learning needs. Findings...................................................................................................................................................................................................... The results indicated that the participating teachers need to be trained and supported in the use of the new technologies applicable to teaching mathematics. Recommendations for Practitioners.......................................................................................................................................................... The Eastern Cape department of education needs to consider the lacked of technology training as a barrier to the integration of technology into the teaching of mathematics and take necessary steps to address it. Recommendation for Researchers........................................................................................................................................................... There is the need to explore in depth whether the factors of gender and age also act as barriers. Impact on Society....................................................................................................................................................................................... The research will assist stakeholders, policy makers of high school education to identify the needs of mathematics teachers. That is to say, the skill sets, experience and expertise, as well as teaching equipment and classroom design and environment required by mathematics teachers. Future Research........................................................................................................................................................................................... More work needs to be done to check whether gender, age of the teachers have some effects on their attitude towards technology integration as well as evaluate the role played by choice of teaching methodology and teaching objectives.

Consumer Shopping Orientation and Intention to Book a Hotel: the Moderating Role of Sustainable Initiatives

2020 ◽  
Vol 11 (1) ◽  
pp. 81-81
Author(s):  
Christina Appiah-Nimo ◽  
Gloria K.Q. Agyapong ◽  
Daniel Ofori
Keyword(s):  
Value Chain ◽  
Sustainable Consumption ◽  
Tourism Industry ◽  
Consumption Pattern ◽  
Economic Sectors ◽  
Shopping Orientation ◽  
Sustainable Value ◽  
Hospitality Sector ◽  
Cognitive Decision ◽  
Business Approach

UN sustainable development goals has triggered production and consumption patterns aimed at achieving a better and more sustainable future for all by 2030. Sustainable value chain has become a business approach to mitigate the tragedy of the commons. Initiatives that promote socially and environmentally responsible behavior whiles pursuing business value is being leveraged across all economic sectors. COVID-19 has exposed how today's business is threatened more than ever by unsustainable production and consumer behavior patterns. The hospitality sector has not been left out of this challenge as the tourism industry was the worst hit by this pandemic. All over the world, the growth of the tourism industry is propelled by the movement of people and the subsequent need created for the hospitality sector. The global health crises, coupled with consumers' growing interest for sustainable environment has fueled the desire for more eco-friendly products by the sector. Moreover, every consumer goes through a cognitive decision-making process to finally make a choice for a product - and there is a high probability of the decision to inform the sustainable consumption pattern of the consumer and also the magnitude of the effect the decision will have on the environment. This implies that every consumer purchase has implications regarding not only economics (Stone, 1954) but ethics and sustainability. Keywords: consumer booking intention, shopping orientation, sustainable initiatives

Toward Unity among Environmentalists

1995 ◽  
Author(s):  
Bryan G. Norton
Keyword(s):  
Resource Use ◽  
Wide Spectrum ◽  
Strong Support ◽  
Environmental Issues ◽  
Value Systems ◽  
Special Interests ◽  
Unified Approach ◽  
Policy Makers ◽  
The Past ◽  
Control Growth

Today, six out of ten Americans describe themselves as "active" environmentalists or as "sympathetic" to the movement's concerns. The movement, in turn, reflects this millions-strong support in its diversity, encompassing a wide spectrum of causes, groups, and sometimes conflicting special interests. For far-sighted activists and policy makers, the question is how this diversity affects the ability to achieve key goals in the battle against pollution, erosion, and out-of-control growth. This insightful book offers an overview of the movement -- its past as well as its present -- and issues the most persuasive call yet for a unified approach to solving environmental problems. Focusing on examples from resource use, pollution control, protection of species and habitats, and land use, the author shows how the dynamics of diversity have actually hindered environmentalists in the past, but also how a convergence of these interests around forward-looking policies can be effected, despite variance in value systems espoused. The book is thus not only an assessment of today's movement, but a blueprint for action that can help pull together many different concerns under a common banner. Anyone interested in environmental issues and active approaches to their solution will find the author's observations both astute and creative.

Anti-corruption in History

2017 ◽  
Keyword(s):  
Financial Institutions ◽  
Global Media ◽  
Policy Makers ◽  
The Past ◽  
Human Wellbeing ◽  
Modern Period ◽  
Legitimate Power ◽  
Wide Range ◽  
Scant Attention ◽  
Over Time

Anticorruption in History is the first major collection of case studies on how past societies and polities, in and beyond Europe, defined legitimate power in terms of fighting corruption and designed specific mechanisms to pursue that agenda. It is a timely book: corruption is widely seen today as a major problem, undermining trust in government, financial institutions, economic efficiency, the principle of equality before the law and human wellbeing in general. Corruption, in short, is a major hurdle on the “path to Denmark”—a feted blueprint for stable and successful statebuilding. The resonance of this view explains why efforts to promote anticorruption policies have proliferated in recent years. But while the subjects of corruption and anticorruption have captured the attention of politicians, scholars, NGOs and the global media, scant attention has been paid to the link between corruption and the change of anticorruption policies over time and place. Such a historical approach could help explain major moments of change in the past as well as reasons for the success and failure of specific anticorruption policies and their relation to a country’s image (of itself or as construed from outside) as being more or less corrupt. It is precisely this scholarly lacuna that the present volume intends to begin to fill. A wide range of historical contexts are addressed, ranging from the ancient to the modern period, with specific insights for policy makers offered throughout.

Sign in / Sign up

Export Citation Format

Share Document