scholarly journals Tourism Development in Terms of the Pandemic: New Trends and Anti-crisis Measures

2020 ◽  
pp. 64-68
Author(s):  
Lyudmila Bato-Zhargalovna Maksanova ◽  
Alyona Mikhailovna Andreeva
Keyword(s):  
Tourism Development ◽  
International Tourism ◽  
Mutual Benefit ◽  
Research Results ◽  
Joint Development ◽  
International Tourist ◽  
Main Strategy ◽  
Mutual Responsibility

The main trends in tourism development, which have emerged in the terms of the coronavirus pan-demic, are analyzed in the paper. The anti-crisis measures to support the industry in the difficult period and experience of countering the spread of COVID-19 were considered by the case of Russia, Kazakhstan, China and Mongolia. These countries are characterized by integration cooperation on the implementation of international tourist routes. It was revealed that these countries have taken tough measures to limit the international tourism devel-opment. The main strategy of these countries is to rely on their internal recreational opportunities. The borders opening and the international tourism re-covery will be slow and uneven. The need to update the integration processes in the field of tourism is substantiated not only on the principles of mutual benefit and joint development, but also of mutual responsibility and preparedness for crises and their management. The research results can be used in the preparation or correction of conceptual, strate-gic and program documents for the tourism devel-opment both at the national and regional levels, especially in the post-COVID period.

Environmental quality and energy import dynamics

2019 ◽  
Vol 31 (3) ◽  
pp. 665-682 ◽  
Author(s):  
Andrew Adewale Alola ◽  
Kayode Kolawole Eluwole ◽  
Uju Violet Alola ◽  
Taiwo Temitope Lasisi ◽  
Turgay Avci
Keyword(s):  
Environmental Quality ◽  
Geographical Location ◽  
Tourism Development ◽  
International Tourism ◽  
Causality Test ◽  
Content Type ◽  
Mediterranean Countries ◽  
International Tourist ◽  
Global Tourism ◽  
Policy Direction

Purpose The geographical location and the ambiance of the Coastline Mediterranean Countries (CMCs) advantageously present the region as a tourist destination with rich cultures. The paper aims to discuss this issue. Design/methodology/approach As such, this study investigates the dynamics of energy import and environmental quality in relation to international tourism development for nine CMCs over the period 1995–2013 using a pooled mean group approach. Findings Although the impacts of energy import, CO2 (here as environmental quality) and GDP on international tourism receipts are observed to be significant and negative, international tourist arrival expectedly exerts positive and significant impact, all at the adjustment speed of 0.19. A heterogeneously robust Granger non-causality test further reveals a strong one-directional causal relationship from energy import to tourism receipts. Research limitations/implications The dynamics of the energy market amidst persistent evolution of new source(s) of energy would evidently play a significant role in the region’s tourism sector. It then suggests policy direction to governments of the region and by extension the global tourism market. Originality/value By providing insight into the nexus of environment, energy and tourism development, the current study is the first that addresses the concern in the context of the CMCs.

Do Country Risks Matter for Tourism Development? International Evidence

2020 ◽  
pp. 004728752095453 ◽  
Author(s):  
Chien-Chiang Lee ◽  
Mei-Ping Chen
Keyword(s):  
Financial Stability ◽  
Tourism Development ◽  
Country Risk ◽  
Global Perspective ◽  
International Tourism ◽  
Method Of Moment ◽  
Policy Makers ◽  
International Evidence ◽  
International Tourist ◽  
Sector Returns

This research fills the gap in the tourism literature on the impacts of country stability—including political, financial, and economic—on tourism development (i.e., international tourist arrivals, international tourism revenues, and travel and leisure sector returns). To account for possible asymmetric and nonlinear relationships among variables, we apply a new method of moment quantile regression, by using panel data from 106 countries spanning the period 2006–2017. From a global perspective, the empirical results indicate that higher country stability generally leads to higher tourism development, while there is no salient influence of financial stability on travel and leisure sector returns. This suggests that the effects of country risk ratings are mostly nonlinear across different tourism development quantiles. Additionally, different components of risk rating scores have diverse impacts on tourism development. The findings mean that policy makers should consider their tourism condition when setting country stability strategies.

scholarly journals STATISTICAL ANALYSIS OF CURRENT TRENDS IN THE TOURISM DEVELOPMENT OF THE VISEGRAD GROUP

2021 ◽  
Author(s):  
Tatyana Derkach ◽  
Olha Mylashko
Keyword(s):  
Comparative Analysis ◽  
Regression Model ◽  
Impact Analysis ◽  
Tourism Development ◽  
International Tourism ◽  
The European Union ◽  
International Tourist ◽  
The World ◽  
The Impact ◽  
Visegrad Group

The paper presents the research results of tourism state and patterns development in the Visegrad Group. The regional grouping of Central and Eastern Europe, the Visegrad Group, has become a separate subsystem of the European Union, which has received economic, logistical, cultural and political content. These processes are important for Ukraine. The experience of the Visegrad Group, the ability to quickly solve current issues and face the challenges, understanding the real hierarchy of priorities while preserving the national identity of the Visegrad Group (VG) are significant for Ukraine. Tourism is an area that can positively influence both the development of the integrated structure as a whole and the socio-economic development of its member countries. The article carries out a comparative analysis of tourism development trends in the Visegrad Group countries, Europe and the world, as well as develops recommendations for assessing the cooperation prospects between Ukraine and the VG using econometric methods. To achieve the goal of the study, a comparative analysis of global, European and Visegrad trends in tourism was developed, arrivals of international tourists on the amount of income from international tourism by conducting a correlation-regression analysis, substantiated and developed applied aspects for forecasting the potential mutual benefit from cooperation between Ukraine and the VG. According to the World Trade Organization, the forecast of the number of international tourists in the world for 2020-2021 was made. Based on the impact assessment of the number of international tourist arrivals on the amount of income from international tourism, a linear regression model was built, the adequacy and reliability of the regression coefficient was confirmed by Fisher's and Student's estimates. During the analysis (from a priori analysis, proving the quantitative and qualitative homogeneity of the two sets, to the construction, evaluation and analysis of the obtained model) a regression model was built, which can be recommended to be used in the impact analysis of tourist arrivals on international tourism. A comparative analysis of the dynamics of international tourist arrivals and revenues from international tourism in Poland and Ukraine was done. As a result of Poland's experience research, a model of revenues from international tourism is recommended, the factors of which are gross investment (% of GDP) and the number of tourist arrivals.

Perspective directions of development of local gastronomy tourism in the conditions of European integration

2020 ◽  
pp. 125-130
Author(s):  
Tetyana P. Yakhno ◽  
Ulyana A. Martynyuk
Keyword(s):  
Self Regulation ◽  
Tourism Development ◽  
State Regulation ◽  
Tourism Industry ◽  
Economic Interests ◽  
International Tourist ◽  
Rich Flora ◽  
Innovation Clusters ◽  
Recreational Resources ◽  
Further Development

The article identifies the main aspects of gastronomy tourism in Ukraine and in the world and possible prospects and trends for further development of gastronomy tourism in our country. The variety of gastronomic festivals and tours in the leading regions of the country available in Ukraine are analyzed. Factors and entities of development of gastronomic tourism in each region and the reasons of their uneven application are allocated. The perspective areas of gastronomy tourism development in Ukraine to create a promising and competitive product on the international market of tourist services are outlined. Ukraine as a new tourism destination is increasingly establishing itself on the tourists’ travel map. The information is supplemented by various ratings from international tourist guides, which recommend travelers to turn their eyes to Ukraine. In Ukraine, the tourism industry is in its infancy, but its operation has a significant impact on the economy and is quite promising. Ukraine has very promising conditions and opportunities for activating the tourist capacity, in particular, due to the availability of unique natural and recreational resources, historical and cultural monuments, rich flora and fauna, areas of various forms of recreation, interesting and delicious dishes. Forming the innovation clusters, which are groups of enterprises, firms, organizations, and institutions operating in one (or several related) business area by economic interests and regional characteristics is one of the perspective forms of economic integration and development in the tourism industry of Ukraine. The advantage and novelty of the cluster approach are that it provides significant importance to the microeconomic component, as well as the territorial and social aspects of economic development. In modern conditions, the improvement of methods of organizational, financial, and resource-based support for tourism development at the macro, meso-, and micro levels is highly relevant. The intensification of the tourism companies’ activity should be based on the expansion of the possibilities of regional investment processes management in the specified direction and the combination of efficient state regulation of the economy with market self-regulation.

ЮНВТО Всемирная туристская Барометр, и статистическое приложение Обновленная информация, ИСентябрь 2021 года

2021 ◽  
Vol 19 (5) ◽  
pp. 1-40
Keyword(s):  
The United States ◽  
International Travel ◽  
International Tourism ◽  
Modest Improvement ◽  
International Tourist ◽  
The Pacific ◽  
Travel Restrictions ◽  
Low Levels ◽  
Roll Out ◽  
Made In

International tourism shows slight recovery in June and July 2021 driven by vaccinations and border reopening International tourist arrivals (overnight visitors) in the first seven months of 2021 were 40% below the levels of 2020, and still 80% down when compared to the same period of pre-pandemic year 2019. After a weak start of the year, international tourism saw a modest improvement during the months of June and July 2021. The small improvement in June and July was underpinned by the reopening of many destinations to international travel, mostly in Europe and the Americas. The relaxation of travel restrictions to vaccinated travellers, coupled with progress made in the roll-out of COVID-19 vaccines, contributed to ease travel restrictions, lift consumer confidence and gradually restore safe mobility in Europe and other parts of the world. Small islands in the Caribbean, Africa, and Asia and the Pacific, together with a few small European destinations recorded the best performance in June and July, with arrivals coming close to, or sometimes exceeding pre-pandemic levels. July (-67%) saw comparatively better performance than June (-77%), making it the best month so far since April 2020. Asia and the Pacific continued to suffer the weakest results in January-July 2021, with a 95% drop in international arrivals compared to the same period in 2019. The Middle East (-82%) recorded the second largest decline, followed by Europe and Africa (both -77%). The Americas (-68%) saw a comparatively smaller decrease. Although destinations continued to report very weak international tourism revenues in the first seven months of 2021, several countries recorded a modest improvement in the months of June and July, and some even surpassed the earnings of 2019. The same is true for outbound travel. Among the larger source markets, France (-35% over 2019) and the United States (-49%) saw a small rebound in expenditure in July. Despite the relative improvement over the low levels of 2020, international tourism remained well below 2019 levels. This is also reflected in the evaluation made by the UNWTO Panel of Experts in the September survey, showing mixed results for the period May-August 2021. Looking ahead, most experts continue to expect a rebound in 2022, driven by unleashed pent-up demand, mostly during the second and third quarter of that year. Nearly one-third of respondents expect a potential rebound in 2023. Almost half of all experts continue to see a return of international arrivals to 2019 levels in 2024 or later.

scholarly journals Exploring the efficiency of international tourism development in an emerging market

2011 ◽  
Vol 5 (17) ◽  
pp. 7526-7532 ◽  
Author(s):  
Kao Meng Chun ◽  
Lin Che Yang ◽  
Lai Mei Chi ◽  
Huang Hao Chen
Keyword(s):  
Emerging Market ◽  
Tourism Development ◽  
International Tourism

scholarly journals Terrorism as a Determinant of Attracting FDI in Tourism: Panel Analysis

2018 ◽  
Vol 10 (12) ◽  
pp. 4553 ◽  
Author(s):  
Maja Nikšić Radić
Keyword(s):  
Dynamic Panel Data ◽  
Panel Data Models ◽  
Dynamic Panel ◽  
Foreign Investors ◽  
Research Results ◽  
Doing Business ◽  
International Tourist ◽  
Previous Level ◽  
Business Conditions ◽  
Macroeconomic Environment

The aim of this paper is to investigate whether terrorism is one of the important determinants affecting the investment decisions of foreign investors in tourism on a panel of 50 countries over the period 2000 to 2016. In addition to terrorism, the importance of three other theoretically significant determinants of attracting foreign direct investment (FDI) in tourism are explored—the previous level of FDI in tourism, the level of GDP and the international tourist arrivals. To obtain more reliable research results, the initial model is extended with certain control variables. The study uses system-GMM estimator for dynamic panel data models. The research results of a narrower and a wider model indicate that terrorism has no significant effect on the FDI inflow in tourism while international tourist arrivals significantly affect the future FDI in tourism in both models. Furthermore, the research results entail certain political connotations. In order to attract foreign investors in tourism, the most important factor is to ensure a stable macroeconomic environment with a competitive position in the Doing Business list and what better business conditions. Attention should also be focused on the security and preventive counter-terrorism, which will ensure that potential destinations reflect confidence, have a growth rate of tourist arrivals and, consequently, attract foreign investors.

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