Tourism challenges within a high cost of living crisis
(2024) In Tourism Economics- Abstract
Living costs have been increasing at an unprecedented rate compared to average trends over the last decade due to increasing uncertainty from various global events, including the COVID-19 pandemic and geopolitical tensions. Previous research indicates that people prioritize essential consumption over leisure and tourism activities during high cost-of-living crises. However, prior studies have overlooked the spatially heterogeneous resilience of local tourism demand to the crisis, which differs by region with each possessing unique characteristics. This study aims to explore how the resilience of tourism demand shifted during the high cost-of-living crisis over space and time. Findings reveal spatially and temporally varied resilience in... (More)
Living costs have been increasing at an unprecedented rate compared to average trends over the last decade due to increasing uncertainty from various global events, including the COVID-19 pandemic and geopolitical tensions. Previous research indicates that people prioritize essential consumption over leisure and tourism activities during high cost-of-living crises. However, prior studies have overlooked the spatially heterogeneous resilience of local tourism demand to the crisis, which differs by region with each possessing unique characteristics. This study aims to explore how the resilience of tourism demand shifted during the high cost-of-living crisis over space and time. Findings reveal spatially and temporally varied resilience in domestic and international tourism demand across regions. These findings offer crucial insights for developing localized tourism management policies amid high costs of living.
(Less)
- author
- Yang, Eunjung ; Kim, Myung Ja and Hall, C. Michael LU
- organization
- publishing date
- 2024
- type
- Contribution to journal
- publication status
- epub
- subject
- keywords
- crisis management, global crisis, living cost, tourism demand
- in
- Tourism Economics
- publisher
- SAGE Publications
- external identifiers
-
- scopus:85209388858
- ISSN
- 1354-8166
- DOI
- 10.1177/13548166241300724
- language
- English
- LU publication?
- yes
- id
- bdf69183-a210-4926-a628-43df47c495b3
- date added to LUP
- 2025-02-04 11:09:29
- date last changed
- 2025-04-04 14:34:30
@article{bdf69183-a210-4926-a628-43df47c495b3,
abstract = {{<p>Living costs have been increasing at an unprecedented rate compared to average trends over the last decade due to increasing uncertainty from various global events, including the COVID-19 pandemic and geopolitical tensions. Previous research indicates that people prioritize essential consumption over leisure and tourism activities during high cost-of-living crises. However, prior studies have overlooked the spatially heterogeneous resilience of local tourism demand to the crisis, which differs by region with each possessing unique characteristics. This study aims to explore how the resilience of tourism demand shifted during the high cost-of-living crisis over space and time. Findings reveal spatially and temporally varied resilience in domestic and international tourism demand across regions. These findings offer crucial insights for developing localized tourism management policies amid high costs of living.</p>}},
author = {{Yang, Eunjung and Kim, Myung Ja and Hall, C. Michael}},
issn = {{1354-8166}},
keywords = {{crisis management; global crisis; living cost; tourism demand}},
language = {{eng}},
publisher = {{SAGE Publications}},
series = {{Tourism Economics}},
title = {{Tourism challenges within a high cost of living crisis}},
url = {{http://dx.doi.org/10.1177/13548166241300724}},
doi = {{10.1177/13548166241300724}},
year = {{2024}},
}