Impacts of COVID-19 on Tourism

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Tourism: Economics, Finance and Management".

Deadline for manuscript submissions: closed (31 January 2024) | Viewed by 3328

Special Issue Editors


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Guest Editor
Depertment of Economic and Social Geography, University of Szeged, H-6721 Szeged, Hungary
Interests: tourism; sharing economy; tourism planning
Special Issues, Collections and Topics in MDPI journals

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Guest Editor
Department of Geography, Tourism and Territorial Planning, Faculty of Geography, Tourism and Sport, University of Oradea, University Str, C Hall, Office 221, 410087 Oradea, Romania
Interests: sustainable tourism; tourism development; nature-based tourism
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

The COVID-19 pandemic created an unprecedented shock to the tourism sector. Before the pandemic, tourism was one of the main sources of economic growth and job creation. Tourism was among the first sectors affected by the pandemic; due to the travel restrictions, limited availability of services (e.g., restaurant and hotel closures), social distancing, the broader economic problems caused by the pandemic and the perceived travel risks have led to the fell of tourist arrivals worldwide. The crisis has put millions of businesses and jobs at risk and caused macro-economic problems as well. The availability of vaccines made the pandemic more or less manageable, but the crisis is not over yet; new virus variants emerge, and the vaccination levels are varying across populations. Thus, the future of the tourism sector remains uncertain.

During the pandemic some analysts argued that the pandemic would transform tourism industry. New trends such as virtual tourism, staycations or visiting remote, less crowded areas have emerged and strengthened. Due to the risk acquiring reliable information on travel became more important than ever. Furthermore, COVID-19 was often seen as a turning point to move from overtourism towards a more sustainable future. However, there is only limited evidence in this regard. At the same time, COVID-19 exposed the vulnerability of global tourism sector, thus it is important to highlight the lessons learned to increase resilience against future crises.

The aim of the special issue analyse the effects of the pandemic on tourism and the lessons learnt from the crisis. In this Special Issue, original research articles and reviews are welcome. Research areas may include (but not limited to) the following:

  • changing travel preferences and patterns
  • national, regional and local policies supporting the survival and recovery of tourism
  • crisis management in tourism
  • planning and forecasting in tourism
  • analysis of tourism indicators
  • innovative data sources and analysis
  • innovations in tourism in relation to the pandemic
  • (the lack of) tourism and wellbeing
  • sustainable tourism
  • safety, risk perception, trust
  • vaccination and travel
  • short term rentals and COVID-19
  • aviation industry and COVID-19
  • employment in tourism
  • new forms of co-operation between various actors of tourism
  • virtual tourism and COVID-19

We look forward to receiving your contributions.

You may choose our Special Issue in Sustainability.

Dr. Lajos Boros
Dr. Cezar Morar
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • COVID-19
  • tourism
  • Airbnb
  • short term rentals
  • hotel industry
  • tourism recovery
  • crisis management
  • sustainable tourism
  • travel restrictions
  • vulnerability
  • uncertainty
  • virtual tourism
  • travel information

Published Papers (1 paper)

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Research

13 pages, 1082 KiB  
Article
The Impacts of Shopping Tourism on Retail Sales and Rents: Lessons from the COVID-19 Quasi-Experiment of Hong Kong
by Chung Yim Yiu
J. Risk Financial Manag. 2023, 16(6), 301; https://doi.org/10.3390/jrfm16060301 - 16 Jun 2023
Cited by 2 | Viewed by 2878
Abstract
This research studies the impact of shopping tourism on retail sales and rents, using the COVID-19 pandemic as a quasi-experiment. Shopping tourism refers to individuals who travel primarily for shopping purposes, and their spending patterns can have significant effects on the retail sector. [...] Read more.
This research studies the impact of shopping tourism on retail sales and rents, using the COVID-19 pandemic as a quasi-experiment. Shopping tourism refers to individuals who travel primarily for shopping purposes, and their spending patterns can have significant effects on the retail sector. The COVID-19 pandemic disrupted global travel and resulted in a decline in shopping tourist arrivals, leading to a downturn in sales for retailers dependent on shopping tourism. Additionally, the decline in shopping tourism affected retail rents, as the reduced demand for retail spaces posed challenges for property owners in attracting tenants. The study focuses on Hong Kong, a prominent shopping destination, which experienced a significant decline in tourist arrivals and retail sales during the pandemic. The research analyses the relationship between tourist arrivals, retail sales, and rents using time series analysis and identifies the impact of shopping tourism on retail rents. The findings suggest a positive association between tourist arrivals and retail sales and rents, particularly during the period of shopping tourism growth. However, the pandemic severely reduced this effect, revealing the impact of shopping tourists on the retail sector. The study concludes by discussing the implications for retail resilience and highlighting the need for further research on the impacts of shopping tourism on retail sales and rents. Full article
(This article belongs to the Special Issue Impacts of COVID-19 on Tourism)
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