The Collapse and Recovery of World’s Tourism Industry during the Global Recession

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dc.contributor Tsener, Inna Trobat Fullana, Magí 2018 2018-10-05T08:34:40Z 2018-10-05T08:34:40Z 2018-10-05
dc.description.abstract [eng] We analyze and compare the tourism industry’s speed of recovery from the crisis in 2008 in Europe, North America and Asia. To assess T&T situation in every continent, we use other variables the abundant literature does not use commonly: international tourism receipts, tourism contribution to GDP, tourist stay length and public and private investment in tourism assets. International Tourism Receipts (ITR) represents all expenditure by international visitors in a destination including transport services. Since it is difficult to record the cost of every service, product or activity a tourist enjoys, the accuracy of ITR figures will not precisely reflect the performance of the tourism industry. International inbound tourists are easier to record with more precision. For this reason, many academics resort to this variable to analyze T&T evolution. However, the findings of our paper show that considering only tourist arrivals to evaluate tourism is not accurate either. Therefore, we carry a more complex study of T&T industry in the aforementioned continents and we also dedicate one section in particular to delving deeper into the situation of Spain’s T&T industry. ca
dc.format application/pdf
dc.language.iso eng ca
dc.publisher Universitat de les Illes Balears
dc.rights info:eu-repo/semantics/openAccess
dc.rights all rights reserved
dc.subject 338 - Situació econòmica. Política econòmica. Gestió, control i planificació de l'economia. Producció. Serveis. Turisme. Preus ca
dc.subject.other Tourism performance ca
dc.subject.other Tourism receipts ca
dc.subject.other Tourist arrivals ca
dc.subject.other Tourism recovery ca
dc.subject.other Global recession ca
dc.title The Collapse and Recovery of World’s Tourism Industry during the Global Recession ca
dc.type info:eu-repo/semantics/bachelorThesis ca
dc.type info:eu-repo/semantics/publishedVersion

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