Jaipuria, Sanjita, Parida, Ratri and Ray, Pritee (2021) The impact of COVID-19 on tourism sector in India. Tourism Recreation Research, 46 (2). pp. 245-260. ISSN 2320-0308
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Abstract / Description
The novel coronavirus (COVID-19), which is one of its kind of humanitarian disasters, has affected people and businesses worldwide, triggering a global economic crisis. In this aspect, the tourism sector is not being left behind. The pandemic has not only affected the foreign exchange earnings (FEE) but also affected various regional developments, job opportunities, thereby disrupting the local communities as a whole. As there has been a substantial decline in the arrivals of overseas tourists in India in 2020, the paper aims to predict foreign tourists’ arrival in India and FEE using artificial neural networks (ANN). Furthermore, we analyse the impact of COVID-19 based on four scenarios considering with and without lockdown in terms of loss and gain in FEE. Lastly, the results obtained will help policymakers make necessary strategic and operational decisions, along with maximizing the FEE.
Item Type: | Article |
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Additional Information: | ** From Crossref journal articles via Jisc Publications Router |
Uncontrolled Keywords: | ANN model; COVID-19; forecasting; foreign exchange earnings; tourism demand; India |
Subjects: | 300 Social sciences > 330 Economics |
Department: | Guildhall School of Business and Law |
SWORD Depositor: | Pub Router |
Depositing User: | Pub Router |
Date Deposited: | 11 Dec 2020 13:13 |
Last Modified: | 15 Jun 2021 09:58 |
URI: | https://repository.londonmet.ac.uk/id/eprint/6219 |
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