The impact of COVID-19 on tourism sector in India

Jaipuria, Sanjita, Parida, Ratri and Ray, Pritee (2020) The impact of COVID-19 on tourism sector in India. Tourism Recreation Research. pp. 1-16. ISSN 2320-0308

[img]
Preview
Text
Accepted-manuscript_with-authors-details.pdf - Accepted Version
Available under License Creative Commons Attribution Non-commercial No Derivatives 4.0.

Download (1MB) | Preview
Official URL: https://doi.org/10.1080/02508281.2020.1846971

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
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: 11 Dec 2020 16:22
URI: http://repository.londonmet.ac.uk/id/eprint/6219

Downloads

Downloads per month over past year



Downloads each year

Actions (login required)

View Item View Item