A case study of best practice—Visit Scotland's prepared response to an influenza pandemic

Page, Stephen J.; Yeoman, Ian; Munro, Colin; Connell, Joanne; Walker, Linda

doi:10.1016/j.tourman.2006.01.001

Cited by 171 publications

(148 citation statements)

References 13 publications

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“…Because of different levels of damage, the tourism industry in Asian countries was affected to different degrees by SARS (Page et al 2006;Kuo et al 2008). China was affected most; not only was tourism impacted but also retail sales, restaurants, hotels and the air transport industry (Keogh-Brown, Richard 2008).…”

Section: S113mentioning

confidence: 99%

An Investor's Perspective on Infectious Diseases and Their Influence on Market Behavior

Wang

Yang

Chen

2013

Journal of Business Economics and Management

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Abstract.Recently, increasing number of infectious diseases has swept the world. The outbreak of a contagious disease not only affects the health and lives of people but also causes economic growth to stagnate. Business in the biotechnology industry is closely related to infectious diseases but what exactly is the information value of the outbreak of infectious disease on biotechnology? This study investigates how such outbreaks can affect the performance of biotechnology stocks. In the past 10 years, major statutory infectious diseases in Taiwan have included ENTEROVIRUS 71, DENGUE FEVER, SARS and H1N1. The empirical results indicate that there is a significant abnormal return on company shares in Taiwan's biotechnology industry because of statutory infectious epidemics. The relationship between the financial ratios of biotechnology companies and abnormal returns was analyzed as part of this research. The results show that the influence on R&D ratios, current ratios and assets are significant. Empirical findings reveal that the investors rationally measure operating conditions of the biotechnology companies during outbreaks of major infectious disease and adjust portfolio allocation accordingly.

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Section: S113mentioning

confidence: 99%

An Investor's Perspective on Infectious Diseases and Their Influence on Market Behavior

Wang

Yang

Chen

2013

Journal of Business Economics and Management

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“…An associated stream of research which is particularly relevant is scenario planning (Page,Yeoman, Munro, Connell and Walker, 2006;Page, Yeoman, Connell, and Greenwood, 2010). Scenario planning can be defined as 'the process of trying to understand uncertainty associated with the future' (Page et al, 2006: 647).…”

Section: The Cruise Shipping Industry: An Overviewmentioning

confidence: 99%

“…The implications for the tourism sector is that it will need to be attuned to the needs of this growing discerning and lucrative market, many of whom will have experiences of overseas travel. Scenario planning in tourism has been used in situations as diverse as identifying the strategic response of national tourist organisations to a potential influenza pandemic (Page et al, 2006) through to transportation planning (Page, 2009;Page et al, 2010). In each case its use is to identify the range of risks and challenges which individual businesses and organisations may face.…”

Section: The Cruise Shipping Industry: An Overviewmentioning

confidence: 99%

Maritime tourism and terrorism: customer perceptions of the potential terrorist threat to cruise shipping

Bowen

Fidgeon

Page

2013

Current Issues in Tourism

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Maritime terrorism is a neglected area of research in tourism, particularly the use of scenario planning to understand potential threats to the cruise industry. Since the events of 9/11, terrorism, and the threat of terrorism, has become a major concern within the tourism industry. This paper analyses tourist perception of perceived terrorist threats given that many ships are American owned. Using the scenario analysis presented by Greenberg, Chalk, Willis, Khilko and Ortiz (2006), this study suggests that an attack on a cruise ship is a distinct possibility. Indeed, 44% of respondents questioned perceived the possibility of a terrorist attack on a cruise ship to be likely despite the fact that safety and security is seen by the industry as a 'hallmark' of cruising . Differences in attitude among potential passengers revealed a high level of confidence in the cruise ship companies. This finding is particularly marked among more experienced cruise ship passengers. However, this did not necessarily preclude the possibility of security measures being improved. All passengers appeared generally resigned to the fact that risk is associated with travel in the twenty first century and welcomed any efforts by cruise shipping companies to improve safety and security.

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“…As suggested by Brahmbhatt (2005), the immediate economic impacts of a pandemic disease might arise, not from actual sickness or death, but from the efforts of the public and private sectors to avoid becoming infected rapidly. Consequently, this might lead to a severe demand shock for service sectors, such as tourism, mass transportation, hotels, restaurants, and retail sales (see also Page et al, 2006). Avian Flu might also damage destination marketing, as emphasized by Buhalis (2000) and Mohsin (2005).…”

Section: Objectivesmentioning

confidence: 99%

“…International tourism could be seriously affected, or possibly even restricted, to prevent the spread of Avian Flu and pandemic influenza. Page et al (2006) observed that Avian Flu could have significant shocks on tourism.…”

Section: Objectivesmentioning

confidence: 99%

An Econometric Analysis of SARS and Avian Flu on International Tourist Arrivals to Asia

et al. 2009

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This paper compares the impacts of SARS and human deaths arising from Avian Flu on international tourist arrivals to Asia. The effects of SARS and human deaths from Avian Flu will be compared directly according to human deaths. The nature of the short run and long run relationship is examined empirically by estimating a static line fixed effect model and a difference transformation dynamic model, respectively.Empirical results from the static fixed effect and difference transformation dynamic models are consistent, and indicate that both the short run and long run SARS effect have a more significant impact on international tourist arrivals than does Avian Flu. In addition, the effects of deaths arising from both SARS and Avian Flu suggest that SARS is more important to international tourist arrivals than is Avian Flu. Thus, while Avian Flu is here to stay, its effect is currently not as significant as that of SARS.

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A case study of best practice—Visit Scotland's prepared response to an influenza pandemic

Cited by 171 publications

References 13 publications

An Investor's Perspective on Infectious Diseases and Their Influence on Market Behavior

An Investor's Perspective on Infectious Diseases and Their Influence on Market Behavior

Maritime tourism and terrorism: customer perceptions of the potential terrorist threat to cruise shipping

An Econometric Analysis of SARS and Avian Flu on International Tourist Arrivals to Asia

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