The impact of COVID-19 on the Chinese tourism industry
Autor: | Mahinda Siriwardana, Xianming Meng, Tien Pham, Can Wang |
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Rok vydání: | 2021 |
Předmět: |
2019-20 coronavirus outbreak
Economic growth Coronavirus disease 2019 (COVID-19) Severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) Geography Planning and Development Globe medicine.anatomical_structure Tourism Leisure and Hospitality Management Pandemic medicine Position (finance) Business Activity-based costing Tourism |
Zdroj: | Tourism Economics. 28:131-152 |
ISSN: | 2044-0375 1354-8166 |
DOI: | 10.1177/13548166211041209 |
Popis: | The COVID-19 pandemic has hit the world hard, costing more than three and half million lives. Governments around the globe are not in a consensus position on the most appropriate response to the pandemic. This study utilizes an economic model to assess choices and compare outcome of public health policies using China as a case study. A lax policy could have costed the country up to 97% of inbound tourism revenue; reduced real gross domestic product by 11% and decreased employment by 15%. Analysis shows that the appropriate prevention and control policy of the Chinese Government have mitigated the impact of COVID-19 significantly for both tourism and non-tourism sectors. Importantly, the article highlights that the substantial negative impact on investment in tourism will slow down the sector’s recovery. The article calls for strong tourism-focused response policies for a speedy recovery. |
Databáze: | OpenAIRE |
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