Effectiveness of Policies in Recovering the Tourist Industry After COVID-19: A Benchmark Comparison of the Ten Most Visited Countries
-
Published:2023
Luis Juarez-Rojas, Aldo Alvarez-Risco, Nilda Campos-Dávalos, Maria de las Mercedes Anderson-Seminario, Shyla Del-Aguila-Arcentales, 2023. "Effectiveness of Policies in Recovering the Tourist Industry After COVID-19: A Benchmark Comparison of the Ten Most Visited Countries", Sustainable Management in COVID-19 Times, Aldo Alvarez-Risco, Marc A. Rosen, Shyla Del-Aguila-Arcentales
Download citation file:
Abstract
It is essential to understand how the countries with the highest number of tourist arrivals have managed to recover or not based on the competitiveness of the tourism industry during the pandemic stage. It is necessary to evaluate the policies implemented by each government to maintain the competitive performance of their industries. This chapter proposes a comprehensive review of the policies implemented in the 10 most visited countries according to UNWTO data. Most of these policies are geared toward economic and financial flexibility strategies for companies and individuals in the industry under study. The effectiveness of these policies is evaluated with statistical information extracted from a unified UNWTO database to reduce biases in the effectiveness analysis. Finally, concluding remarks are offered on the effectiveness of the policies and their contribution to the sector's recovery.
