Study on the effects on the private sector - tourism and hospitality, affected by the health and economic crisis caused by the COVID-19 pandemic, with recommendations for dealing with the economic effects

Dzambazovski, Kristijan and Metodijeski, Dejan (2020) Study on the effects on the private sector - tourism and hospitality, affected by the health and economic crisis caused by the COVID-19 pandemic, with recommendations for dealing with the economic effects. Epi Centar International, Skopje.

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Abstract

Tourism is one of the fastest growing sectors in the world economy.
According to the United Nations World Tourism Organization (UNWTO), the number of tourists in 2019 on the international level reached 1.500 million. In 2018, tourism spending was at 1.700 billion US dollars, and the tourism industry accounted for 10% of the global gross domestic product (GDP). One in ten employees in the world is employed in this sector.
Both internationally and in our country, the statistics related to tourism in the past decades have consistently shown positive indicators.
In North Macedonia, the data related to the number of tourists and overnight stays in 2019 is as follows: the number of tourists is 1.184.963, of which 427.370 are domestic tourists, and 757.593 are foreign tourists; and the number of overnight stays in 2019 is 3.262.398, of which 1.684.627 are domestic tourists, and 1.577.771 are foreign tourists.
Despite all the positive social, cultural, and economic impacts of tourism, it is still the most "sensitive" activity to implications such as military actions, terrorism, natural disasters, and catastrophes, as well as the spread of various diseases that limit or prevent tourists from traveling. The COVID-19 crisis that erupted in late 2019 led to the declaration of a global pandemic by the World Health Organization (WHO). The spread of the virus restricted movement of people in all destinations around the world. The pandemic (spread of disease in large territories) and the change in people's living habits have led to the stagnation of the economic activity in the entire economies.
The main goal of this study is to explore the effects on the tourism and hospitality sector that is affected by the health-economic crisis caused by the COVID-19 virus and offer recommendations to deal with the economic consequences.
To achieve the study's objective, we analyzed the country's tourism and hospitality sector; researched the international experiences in dealing with this crisis and the measures taken in the country, related to the tourism and hospitality sector. In the study, based on the conducted research (surveys and interviews), we made recommendations for the short-term and long-term measures to deal with the COVID-19 crisis.

Item Type: Other
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Dejan Metodijeski
Date Deposited: 29 May 2020 09:25
Last Modified: 29 May 2020 09:25
URI: https://eprints.ugd.edu.mk/id/eprint/24058

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