COVID-19 Pandemic and Economic Sustainability of Tourism and Hospitality: The Impacts on SMEs in the Czech Republic

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F21%3A43920805" target="_blank" >RIV/62156489:43110/21:43920805 - isvavai.cz</a>

Alternative codes found

RIV/49777513:23510/21:43963344

Result on the web

<a href="https://doi.org/10.11118/978-80-7509-820-7-0377" target="_blank" >https://doi.org/10.11118/978-80-7509-820-7-0377</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.11118/978-80-7509-820-7-0377" target="_blank" >10.11118/978-80-7509-820-7-0377</a>

Result language

angličtina

Original language name

COVID-19 Pandemic and Economic Sustainability of Tourism and Hospitality: The Impacts on SMEs in the Czech Republic

Original language description

Purpose: COVID-19 pandemic has brought a lot of changes in socio-economic environment as well as the business environment. The hospitality and tourism industry suffers enormously from the COVID-19 pandemic and government restrictions in all countries. The behaviour of the whole tourism system in post-COVID-19 period is still unclear and the economic sustainability of the tourism sector is put at risk, not only due to the outflow of human resources from the industry. The tourism and hospitality service providers face to the biggest crisis of the industry in last decades. This paper focuses the impacts of the pandemic on small and medium enterprises (SMEs) and compare their crisis behaviour in several segments, such as accommodation services, catering services, and tour operators (TO) / travel agents (TA) in the Czech Republic. Design/methodology/approach: A quantitative survey was carried out from May to September 2020 and the sample consists of 208 valid responses, especially from SMEs owners and managers. Findings: The results show how the enterprises in different segments reacted on the crisis, which measures they implemented in the first six months of the pandemic and what they planned to do in marketing, HR, and financial management. Research limitations: Results are focused only on the hospitality businesses and tour operators and travel agents. There are only limited research sample covered in our research. Results are not general for all businesses in tourism industry.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2021

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

10th International Conference on Management - Zero Waste Management and Circular Economy: Conference Proceedings

ISBN

978-80-7509-820-7

ISSN

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e-ISSN

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Number of pages

11

Pages from-to

377-387

Publisher name

Mendelova univerzita v Brně

Place of publication

Brno

Event location

Brno

Event date

Jun 10, 2021

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

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