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The COVID-19 pandemic has triggered an unprecedented crisis in the tourism industry. We study the impact of COVID-19 on global Airbnb booking activity regarding three factors: the initial Wuhan lockdown, local COVID-19 cases, and local lockdowns. Using reviews and cancellations as proxies for...
Persistent link: https://www.econbiz.de/10014098655
When the Covid-19 crisis erupted, in order to prevent instant bankruptcy, throughout the world tour organisers issued vouchers representing the value of the cancelled holiday to consumers instead of reimbursing them in cash. Tour organisers in the EU did the same. In this paper, I will address...
Persistent link: https://www.econbiz.de/10013223632
This briefing explains that the UK and the EU would still be able to make arrangements which are already extended to non-EU members, such as an ‘air services agreement’ to keep planes flying. This would require flexibility on both sides, but the mutual interests in protecting aviation would...
Persistent link: https://www.econbiz.de/10013224825
This paper examines tourism persistence in a group of Southeastern European (SEE) countries (Albania, Bosnia, Bulgaria, Croatia, Montenegro, North Macedonia, Serbia and Slovenia) by applying fractional integration methods to monthly data on foreign tourist arrivals and overnight stays. The...
Persistent link: https://www.econbiz.de/10014243164
Over recent history, a huge number of diseases affected the human race, whereas the Novel Coronavirus or COVID-19 …
Persistent link: https://www.econbiz.de/10013249944
Tourism is a significant economic activity for developing any national economy and the world economy as well. Revenues generated through tourism services affect GDP and directly stimulate economic growth. The revenues are important for the national economies, i.e. the foreign exchange inflow,...
Persistent link: https://www.econbiz.de/10013353019
The present paper aims to analyse the evolution of tourism activity in Romania, in the period 2010-2021, focusing on the analysis of the effects that the COVID 19 pandemic has had on the Romanian tourism. To reach this objective, a set of indicators were analysed, such as tourism supply, tourist...
Persistent link: https://www.econbiz.de/10014374991
The present research has been developed within the EU FP7 VECTORS project (http://www.marine-vectors.eu/). The main scope of the project (2011 - 2015) has been to evaluate, from a multilateral perspective, drivers, pressures and vectors of changes in marine life of three main European seas...
Persistent link: https://www.econbiz.de/10010493035
In this paper, we assess the impact of the arrival and expansion of Airbnb on housing rents and prices in the city of Barcelona. Examining highly detailed data on rents and both transaction and posted prices, we use several econometric approaches that exploit the exact timing and geography of...
Persistent link: https://www.econbiz.de/10012865738
We estimate the causal impact of a 2018 zoning reform that banned new short-term rental registries in some parts of Lisbon. The short-term rental licence expires when the house is sold, hence the ban removes the option value of short-term renting a property. We rely on two administrative data...
Persistent link: https://www.econbiz.de/10013449312