Resilience to the Global Economic and Turkish (GEO)Political Crisis Compared

Terhorst, Pieter; Erkuş‐Öztürk, Hilal

doi:10.1111/tesg.12343

Cited by 7 publications

(5 citation statements)

References 47 publications

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“…There are various indications that over the last twenty years the development path of Antalya's tourism economy has been very dynamic with a lot of adaptability and innovativeness. Antalya's tourism economy has been fairly resilient to crises like the bird flu in 2003, the global financial crisis of 2008, and the Turkish (geo)political crisis in the period 2014-2018 (Terhorst & Erkuş-Öztürk, 2019). This is in line with the region's adaptability and innovativeness.…”

Section: Fictional Expectations Of Future Tourism In Antalyamentioning

confidence: 89%

“…Over the last decades, the global tourism industry quickly bounced back without any significant structural change after shocks such as the 9/11 terrorist attack, the outbreak of SARS (2002), the global economic crisis (2008), the bird flu (2009), and MERS (2012) (see World Tourism Organization and International Labour Organization, 2013; Gössling et al, 2021). The same applies to the tourism industry in many tourism places such as, for instance, Sri Lanka after the Tsunami in 2004 (Buultjens et al, 2015), Antalya after the Turkish geopolitical crisis in 2015 (Terhorst & Erkuş-Öztürk, 2019), and Bali after the terrorist bomb attack in 2002 (Gurtner, 2007). Thus, in the past, the industry has shown strong resilience to shocks that do not seem to have triggered any significant structural change.…”

Section: Introductionmentioning

confidence: 99%

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Imagined Futures of post-Covid-19 Tourism in Antalya

Erkuş¹,

Terhorst

2023

Advances in Hospitality and Tourism Research (AHTR)

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The Covid-19 pandemic has led to a deep crisis in all tourism destinations in the world, and so did the sun-sea-sand tourism city of Antalya. Will it go ‘back to normal’ after the crisis or will the crisis trigger a significant change? Will it show an engineering or ecological resilience in the future on the one hand or an adaptive resilience on the other? Because the future is open, actors in the tourism industry face, like all actors, a radical uncertainty about it. Under these conditions, they can only ground their decisions on so-called fictional expectations. In this paper, we connect the ‘theory’ of resilience with fictional expectations and explore the expectations of tourism entrepreneurs, managers of tourism associations, and government officials in the tourism city of Antalya with a qualitative research approach based on in-depth interviews with leading hoteliers and discourses of tourism leaders in Antalya's tourism. Some expect a return to business as usual, some expect a continuation of changes set in before the crisis as engineering resilience, and others changes triggered by Covid-19 as adaptive resilience. In addition, Covid-19 has intensified collaboration between key actors to strengthen the city’s tourism industry in the future.

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Section: Fictional Expectations Of Future Tourism In Antalyamentioning

confidence: 89%

Section: Introductionmentioning

confidence: 99%

Imagined Futures of post-Covid-19 Tourism in Antalya

Erkuş¹,

Terhorst

2023

Advances in Hospitality and Tourism Research (AHTR)

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“…The crises that attracted the most attention were those in major global cities such as Hong Kong (Chien & Law, 2003;Luo & Zhai, 2017;Qiu et al, 2020;Siu & Wong, 2004;Tse et al, 2006;U & So, 2020), Antalya (Çakar, 2018;Terhorst & Erkuş-Öztürk, 2019;Türkcan & Öztürk, 2019), Singapore (Henderson, 1999;Henderson & Ng, 2004), and New York (Bian & Wilmot, 2019;Green et al, 2004). This may be explained by the important role played by these cities in the global economy and their complex nature (Maxim, 2016), which contribute to their vulnerability in the face of crisis events.…”

Section: Discussionmentioning

confidence: 99%

Crisis in the city? A systematic literature review of crises and tourism cities

Maxim

Morrison

2022

Tourism Recreation Research

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Crisis in the city? A systematic literature review of crises and tourism citiesTourism destinations are prone to crises and disasters that can cause significant loss and damage, with cities exposed even more to such events due to their complex nature. This was evidenced by the current coronavirus pandemic that had a devastating impact for many city destinations. Yet, this is an area of research that attracted little attention from academics until recently. This study provides an in-depth systematic review of the research published to date on crises in tourism cities and discusses how this field evolved over the years. The findings show that while there is a healthy amount of literature on crises in cities and a consistent body of knowledge on tourism crises, cities are somewhat overlooked in the context of tourism crises. Several other imbalances are highlighted with regard to the type of crises discussed, regions studied, research methods employed, and topics discussed. Avenues for future research are proposed.

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“…Studies have verified the effect of the economic and geopolitical crisis on Turkey's tourism businesses (Terhorst, P., Erkus-Ozturk, H., 2019), on co-movements between oil prices and sector stock markets (Mensi, W. , 2019), the impacts of hotel rooms' demand in developing economies (Kubickova, M., Kirimhan, D., Li, HY, 2019), the effects of unexpected nonmacroeconomic factors (Zopiatis, A., Savva, CS, Lambertides, N., McAleer, M., 2019).…”

Section: Introductionmentioning

confidence: 96%

Variability of Income Flows of Tourism Companies during a Nine-Year Period

Felicetta

2023

JES

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<p style="text-align: justify;">The global financial crisis has affected all countries during the period 2007-2014. Tourist companies, especially in Italy, play a significant role in the economy of a country. The performance of tourism companies, and in particular hotels and travel agencies and tour operators, will be analysed in this paper, relative to the period of the crisis. The aim of this paper is to analyze profitability dynamics of the aforementioned tourist companies, to check whether they have suffered the effects of the global crisis. To this end, data from AIDA database relating to Italian companies in the sector were used. The profitability of these companies has been analyzed using the main profitability ratios, ROI and ROS ratios. An analysis of the trends and ANOVA of these ratios was carried out for the period 2007-2015. In this way, it has been verified whether the global crisis has affected profitability dynamics of hotels and travel agencies and tour operators in Italy. There is a parallelism in the trends of the main operators' indices in the three Italian macro-regions. The best performance is in the South, in a less developed economic context. The crisis has reduced the income indices in the first three years, even if the figure remains positive. Since 2012 there is a clear recovery, especially for hotels; intermediaries, on the other hand, suffer from competition from websites. However, the indices confirm the close relationship between travel agencies, tour operators and hotels. ROI mainly rewards first, while ROS intermediaries.</p>

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Resilience to the Global Economic and Turkish (GEO)Political Crisis Compared

Cited by 7 publications

References 47 publications

Imagined Futures of post-Covid-19 Tourism in Antalya

Imagined Futures of post-Covid-19 Tourism in Antalya

Crisis in the city? A systematic literature review of crises and tourism cities

Variability of Income Flows of Tourism Companies during a Nine-Year Period

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