scholarly journals Volatility in Tourist Inflows: Evidence from Turkey

2013 ◽  
Author(s):  
Kadir Karagöz
Keyword(s):  
Tourism Industry ◽  
Decision Makers ◽  
Tax Revenue ◽  
Steady Increase ◽  
Macroeconomic Policies ◽  
Tourism Sector ◽  
International Tourist ◽  
Tourist Flows ◽  
The World ◽  
Source Countries

Tourism sector, like most of the other countries of the world, has also gained importance in Turkey in last few decades. Global tourist flows and tourism income have a steady increase. Hence, as an effective tool for sustainable economic development and welfare, importance of tourism sector is rising. Tourism is a considerable source of an additional income, exchange, employment and tax revenue for most countries. Turkey is one of the prominent tourism destinations for the world tourist flows. Turkish tourism industry began to grow in 1980s with the incentive macroeconomic policies. The industry has been growing in terms of international tourist arrivals and tourism receipts despite some discouraging events, such as economics crisis in the source countries, changing concerns, political incidents etc. For a sustainably growing and productive tourism sector it is essential to reduce the volatility in tourist arrivals. A less volatile tourist inflow may help to policy and decision makers. So, understanding the volatility of demand can reduce the uncertainty and help to develop appropriate policies. This paper aims to conduct such an analysis for Turkey’s inbound tourist flow, using the monthly data for 1996-2011 period. Exploiting alternative modeling techniques to measure and investigate the volatility in international tourist arrivals, the study concluded that the volatility of tourist arrivals to Turkey is asymmetric: positive shocks have a differential impact on future volatility than negative shocks.

scholarly journals Tourism Industry in the Context of the COVID-19 Pandemic: The Tendencies and Support Measures

2021 ◽  
Vol 1 (516) ◽  
pp. 177-184
Author(s):  
I. Y. Kulyniak ◽  
◽  
I. I. Zhygalo ◽  
K. M. Yarmola ◽  
◽  
...  
Keyword(s):  
Tourism Industry ◽  
Current Status ◽  
Tourism Sector ◽  
International Tourist ◽  
Tourist Flows ◽  
The World ◽  
Domestic Tourism ◽  
Online Forms ◽  
Tourism Climate ◽  
Almost All

The coronavirus pandemic, which has engulfed almost all countries and caused a global crisis, has dealt a significant blow to many sectors of the economy, including the tourism sector. The tourism industry found itself in uncertain working conditions, which caused significant changes in the functioning of tourism entities. The article analyzes the current status and identifies tendencies in the development of the world tourism market in the context of the COVID-19 pandemic, as well as systematizes the measures implemented by Ukraine and other countries to stimulate and support the tourism industry. The contribution of tourism to the world GDP by the countries that are the most popular among tourists is analyzed. The percentage change in international tourist arrivals by region in 2020 and dynamics in destinations that were the most popular among tourists around the world in 2018–2020 is considered. It is identified that as a result of the pandemic, the indicators of tourism activities have decreased significantly, the tourism industry has suffered losses and there has been a significant reduction in tourist flows. The COVID-19 pandemic has caused a significant decrease in the number of international tourist arrivals in all countries. In addition, to achieve its goal, the article systematizes the measures to improve the tourism climate of countries, stimulation and support of the tourism industry both during the COVID-19 pandemic and the post-pandemic period. It is identified that among the measures to stimulate and support the tourism industry in most countries, the main focus is placed on domestic tourism, which is less dependent on the global coronavirus crisis and quarantine measures, as well as the introduction of online forms and the wider use of marketing and digital tools in the provision of tourist services. According to the results of the study, the authors substantiate the need to support the enterprises of the tourism industry and stimulate the demand for domestic tourism on the part of Ukrainian government.

THE IMPACT OF THE PANDEMIC ON THE DEVELOPMENT OF THE TOURIST TRENDS

2018 ◽  
Author(s):  
Anna Prochan ◽  
Keyword(s):  
Positive Emotions ◽  
Tourism Industry ◽  
Operating Conditions ◽  
Remote Communication ◽  
Tourism Sector ◽  
International Tourist ◽  
The World ◽  
Accurate Forecast ◽  
The Face ◽  
The Impact

The article analyzes the impact of Coronavirus on the tourism industry and the development of tourism trends. In particular, an analysis was made of the impact of the pandemic on the world economy and overall GDP growth and world trade. The dynamics of world real GDP for 2017-2021, as well as the dynamics of international tourist arrivals for the period from January to March 2020 are studied. There has been a reduction in the number of international trips around the world by 60-80% in 2020. The following were the main measures to restore tourism. Anti-crisis measures were proposed for the functioning of the tourism industry under quarantine restrictions and its return to normal operating conditions after the removal of these restrictions. The COVID-19 pandemic has hit the tourism industry hardest. Due to the coronavirus pandemic, the flow of tourists in the world has decreased by 65%. In the first eight months of 2020, the number of international arrivals decreased by 70%. This resulted in the loss of $ 730 billion, and more than 120 million jobs were at risk. According to official data, the tourism business in Ukraine has already lost at least $ 1.5 billion. Thousands of workers in Ukraine's tourism sector have lost their jobs. Also, based on the analysis of the impact of the pandemic on tourism, new trends in the tourism industry were identified. It was found that the tourism market will recover relatively quickly after the pandemic, as people will need positive emotions. Although, of course, it is impossible to give an accurate forecast, especially in the face of changes in exchange rates. In addition, it is likely that the approach to life in general may change - the methods of remote communication will become commonplace. The segment of digital projects in tourism is becoming more active, which will help generate deferred demand and will work when all restrictions on tourist travel are removed.

scholarly journals ANALYSIS OF THE DYNAMICS AND TRENDS IN THE DEVELOPMENT OF MODERN INTERNATIONAL TOURIST MARKET

2021 ◽  
pp. 53-61
Author(s):  
J. A. Pshenichnyh
Keyword(s):  
Tourism Industry ◽  
International Tourism ◽  
Tourism Sector ◽  
International Tourist ◽  
Tourist Flows ◽  
Global Tourism ◽  
New Type ◽  
Tourism And Hospitality ◽  
The Impact ◽  
Current Stage

Until recently, the tourism sector accounted for a significant share of the world's gross domestic product and provided about 10 % of world employment. In 2020, the global tourism industry faced a serious challenge – a crisis caused by the spread of a new type of virus (COVID-19 pandemic). International tourism has become one of the most affected by COVID-19 pandemic industries. The demand for tourism and hospitality services, which were one of the world's largest sources of foreign exchange earnings and employment in the era of pre-COVID-19, has significantly decreased. Although the future of tourism in an era of COVID-19 pandemic is very uncertain, a study of trends in the international tourism market in a crisis can be used to assess how the industry can recover and survive in the era of COVID-19 pandemic. Based on the statistical data of international organizations, the author studied indicators of international tourist flows, identified the main trends in the development of international tourism at the current stage, assessed the impact on the tourism sector of the COVID-19 pandemic and determined possibilities for its development in the context of the economic crisis, showed prospects for the development of the industry.

ARE SHOCKS TO TOURIST ARRIVALS IN MOROCCO PERMANENT OR TEMPORARY?

2021 ◽  
Author(s):  
Younesse El Menyari
Keyword(s):  
Unit Root ◽  
Unit Root Tests ◽  
External Shocks ◽  
Tourism Sector ◽  
International Tourist ◽  
Non Linear ◽  
Source Countries ◽  
Linearity Test ◽  
Tourism Arrivals

The main goal of this paper is to examine whether shocks had a permanent or temporary effect on international tourist arrivals in Morocco for its top 8 source countries. For this purpose, we apply the Harvey, Leybourne and Xiao (2008) linearity test and the linear tests and non-linear unit root (Elliott, Rothenberg, & Stock, 1996; Hepsag, 2019; Kruse, 2011; Lee & Strazicich, 2004). The results show that the series with linear characteristics are tourist arrivals from UK and USA and those with non-linear characteristics are tourist arrivals from Belgium, France, Spain, Italy, Netherlands and Germany. The unit root tests reject the null hypothesis of a non-stationarity in tourist arrivals from all countries except the Germany. The implication of these findings is that the shocks had a temporary effect on tourism arrivals from 7 markets to Morocco. Therefore, Morocco's tourism sector is a sustainable industry as external shocks have not had long term disruption in the flow of tourist arrivals.

scholarly journals The Roles of English in the Development of Tourism and Economy in Indonesia

2021 ◽  
Vol 11 (3) ◽  
pp. 305-313
Author(s):  
Ida Ayu Made Sri Widiastuti ◽  
◽  
I Nengah Dasi Astawa ◽  
Ida Bagus Nyoman Mantra ◽  
Putu Herny Susanti ◽  
...  
Keyword(s):  
Human Resources ◽  
Industrial Development ◽  
World Economy ◽  
National Development ◽  
Tourism Industry ◽  
Economic Community ◽  
Industry Sector ◽  
Tourism Sector ◽  
The World ◽  
The Government

Tourism is very necessary to continue to be developed to improve the economy in Indonesia and increase the position of the country geographically, which is very strategic for tourism and the world economy. For this reason, the ability to communicate in English is absolutely necessary, in order to compete with workers from other countries, so that they can contribute to the improvement of the national economy. The ability to communicate in English is a strategic sector in the development of highly competitive human resources in the tourism industry sector and in the global economic community. By having good English communication skills, it will be easier to grab market share in the tourism industry sector and the economic sector. The tourism sector as one of the prime industrial development is developed in order to further increase the rate of national development. For this reason, it is necessary that the government continues to increase its resilience, policies, and increase the development of tourism with a view to further developing the community's economy and increasing the ability to speak English so that human resources are able to compete in various tourism industries so that the economy will increase.

scholarly journals TOURISM AND WATER USE IN MALAYSIA: A REVIEW

2021 ◽  
Author(s):  
Zuraini Anang ◽  
◽  
Noorhaslinda Kulub Abdul Rashid ◽  
Azlina Abd. Aziz ◽  
◽  
...  
Keyword(s):  
Water Consumption ◽  
Sustainable Tourism ◽  
Emerging Countries ◽  
Tourism Industry ◽  
Water Usage ◽  
Demand And Supply ◽  
Water Demand And Supply ◽  
Tourism Sector ◽  
The World ◽  
Key Issues

Tourism is the economic driver for many emerging countries, and the main key distribution components of wealth in the world. Globally, tourism generated over 10% of the world Gross Domestic Product (GDP) and provided an estimation of 115 million jobs in 2017. Moreover, the tourism sector consumed 1% of the global consumption of water. This paper reviews the current literature that focuses on water usage in tourism sector and water management initiatives in tourism in order to identify the current and future contrast between water demand and supply for sustainable tourism, and to understand the key issues and challenges facing water usage in Malaysia. Furthermore, the paper examines the linkages between tourism and water consumption, and analyses the trends in water consumption. The paper concludes by emphasizing the importance of improving and enhancing the existing water resources policies in order to conserve nature while promoting sustainable tourism industry.

scholarly journals «War and Peace» of Ukrainian Tourism: the Impact of Geopolitical Factors on the Tourism Process in Ukraine

2019 ◽  
Author(s):  
Anatoliy Parfinenko
Keyword(s):  
Spatial Structure ◽  
Public Diplomacy ◽  
International Tourism ◽  
International Tourist ◽  
Tourist Flows ◽  
The World ◽  
Domestic Tourism ◽  
The Impact ◽  
Tourist Flow

The article intends to highlight geopolitical aspects in the development of international tourism in Ukraine as a global phenomenon that carries out economic, social and international political action. The paper analyzes international tourist flows in Ukraine, their dynamics and spatial structure during 2000–2017 in particular, in the context of military-political aggression on the part of Russia and intensification of Ukrainian-Russian intergovernmental relations. It has been established that the current dynamics of the international tourist flow in Ukraine is characterized by a sharp decrease in the volume of international visitors, a decrease in the rates of development of tourism activity and the reformatting of the spatial structure of the inbound and outbound tourist flow. The question arises as to the expediency of tourism development during the military-political confrontation. The experience of holding Eurovision–2017 in Ukraine, which took place against the backdrop of the anti-terrorist operation, is highlighted. The conclusion is drawn about the constructive role of tourism as a factor of «soft power» that can influence the informing of the world about the «Ukrainian issue». In this sense, international tourist flows acted as channels of public diplomacy, reflecting the true situation in Ukraine, which is fundamentally different from the Russian mass media. Attention is drawn to the intensification of domestic tourism in Ukraine, taking place against the backdrop of deteriorating key indicators of economic and social development. It is argued that the growth of the weight of domestic tourism was also possible due to the growth of patriotic sentiment in Ukrainian society. In a sense, the development of domestic tourism is seen as a continuation of the struggle of the Ukrainian people for their independence and territorial integrity. Consequently, the constructive role of tourism lies not only in the presentation of the country to the world community, but also in the construction of a national identity within the country. In this way domestic tourism favors further development of the Ukrainian political nation. Key words: international tourism; actors of geopolitical influence; Russia–Ukraine international relations; regional structure of tourism flows in Ukraine; public diplomacy.

scholarly journals ON THE ISSUE OF PROFESSIONAL TRAINING OF TOURIST PERSONNEL IN THE MIDST OF THE COVID-19 PANDEMIC

2021 ◽  
Vol 2 (67) ◽  
pp. 36-38
Author(s):  
O. Polyakova
Keyword(s):  
Higher Education ◽  
World Economy ◽  
Professional Training ◽  
Training System ◽  
Tourism Industry ◽  
Tourism Sector ◽  
The World

The current pandemic has revealed a number of vulnerabilities of the world economy to global threats of this level, including the tourism sector. This article examines the issue of digitalization of higher education in the context of the formation of a flexible and sustainable training system for the tourism industry against the backdrop of the COVID-19 pandemic.

scholarly journals Econometric Analysis of Dynamics of Personnel Training in Tourism Sphere

2021 ◽  
Vol 12 (6) ◽  
pp. 1389-1396
Author(s):  
Anar Eminov Et al.
Keyword(s):  
Least Squares ◽  
Statistical Data ◽  
Least Squares Method ◽  
Tourism Industry ◽  
Econometric Analysis ◽  
Steady Increase ◽  
Foreign Nationals ◽  
Tourism Sector ◽  
Analysis Of Dynamics ◽  
The Relationship

According to the statistical data of recent years, tourism has been one of the ever-growing sectors in Azerbaijan. Thus, in the last five years, there has been a steady increase in the number of entrepreneurship subjects serving tourism in Azerbaijan and the number of foreign nationals traveling for tourism, correspondingly 4.5 and 8.5 percent. At present, the direct share of the tourism industry in the country's GDP and employment is 4.5 and 3.3 percent, respectively. In the article econometric analysis of the dependence on the relationship between tourism industry graduates and their development has been done. The regression equation of the dependence of the number of graduates studying tourism on the number of tourists in the country and the dependence of the tourism sector’s GDP on the number of graduates in the tourism sector were estimated using the Eviews software based on 2008–2017 statistical data using the least squares method.

SUSTAINABLE CUSTOMER DIGITAL ENGAGEMENT STRATEGIES FOR THE TOURISM RECOVERY PERSPECTIVE

2021 ◽  
Vol 14(63) (1) ◽  
pp. 51-62
Author(s):  
Margarida POCINHO ◽  
Nataliya G.S. VIEIRA ◽  
Celso Pereira NUNES ◽  
Florin NECHITA
Keyword(s):  
Critical Analysis ◽  
Tourism Industry ◽  
Tourist Destinations ◽  
Business Units ◽  
Engagement Strategies ◽  
Global Pandemic ◽  
Tourism Sector ◽  
The World ◽  
Digital Engagement ◽  
Content Marketing

The tourism sector has continued to be one of the most affected business units in 2020 in connection with a global pandemic. Numerous regions and tourist destinations, tourist hotspots and accommodations have been subjected to serious changes with a substantial economic impact. Thereby, the question arises as to whether the capacity to respond to customers' needs through functional digital engagement strategies is efficient for supporting a recovery and sustainable development of the tourism industry. This article comments on and provides a critical analysis of the recent online strategies related to content marketing applied to the tourism sector due to a global pandemic and the need to implement a different attitude towards tourismoriented projects. The article proposes some examples of efficient policies that fit in with changes in the world tourism market.

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