Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)

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The Effect of Uncertainties on the Tourism Industry: A Literature Review

Authors
Wenbo Meng1, *
1School of Social Science, University of California, Irvine, California, USA
*Corresponding author. Email: wenbom@uci.edu
Corresponding Author
Wenbo Meng
Available Online 27 December 2022.
DOI
10.2991/978-94-6463-052-7_70How to use a DOI?
Keywords
tourism; economic uncertainty; COVID-19; Chinese tourism; financial crisis; political uncertaint
Abstract

Tourism is an extensive and intensive global industry of firms in various areas. Since tourism is a product of pleasure and business, it provides people an opportunity to enhance their living standards and offers many career choices. Nevertheless, tourism is fragile, and the damage caused by various social issues will cause severe consequences for the overall economy. To provide the public with a general review of the condition of tourism, this article discusses the impacts of three types of economic uncertainties on the tourism industry, including pandemic uncertainty, financial crisis, political policies, and the use of China as a case study during COVID-19 to talk about its impact on tourism sectors individually. Through analyzing multiple pieces of research conducted before, this paper aims to provide insights for people who are curious about the tourism sector, offer them an overview of the influences this sector may receive, and suggest practical ideas for officials to implement appropriate policies to recover the damages of economic slowdowns or disruptions in the future.

Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
27 December 2022
ISBN
10.2991/978-94-6463-052-7_70
ISSN
2352-5428
DOI
10.2991/978-94-6463-052-7_70How to use a DOI?
Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Wenbo Meng
PY  - 2022
DA  - 2022/12/27
TI  - The Effect of Uncertainties on the Tourism Industry: A Literature Review
BT  - Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
PB  - Atlantis Press
SP  - 601
EP  - 608
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-052-7_70
DO  - 10.2991/978-94-6463-052-7_70
ID  - Meng2022
ER  -