Browsing by Author "Tchonkouang, Fergie Oliveira Njeumeni"
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- Evaluation of the Impact of the Covid-19 pandemic on tourism in the Algarve region - PortugalPublication . Tchonkouang, Fergie Oliveira Njeumeni; Viegas, CristinaThe tourism industry has often been subject to several crises of various dimensions, caused by wars, economic destabilization, drastic occurrences from climate change, natural disasters, epidemics, and pandemics. The Algarve region’s economy is highly dependent on tourism and tourists, as it accounts for over 50% of its Gross Value Added (GVA) and 40% of employment. The Covid-19 pandemic hitting the world now can be considered an extraordinary issue for the global tourism industry, causing an abrupt and sudden drop in tourist flows and leading to a dramatic impact on the economy of the Algarve and Portugal. This dissertation aims to understand the impact the COVID-19 pandemic has had on the Algarve region’s tourism sector and how it has been affected. The specific objectives are to compare and review tourism results of the first six months of the year 2019 to results of the same period in 2020 using key tourism performance indicators. Using an exploratory descriptive method of secondary data collection and comparing the key tourism indicators numbers of the first half of 2020 to that of the previous year 2019, the results showed a strong negative impact on Algarve’s tourism industry. Huge financial and job losses were registered in the tourism sector during this period because of the measures taken to mitigate the spread of the virus. The Algarve’s economy suffered a lot, as the region highly depends on the foreign market, whose spending power is higher than the residents. The consequences of the crisis will be heavier than the return to normalcy of the region’s economy, which will be slow and gradual. However, some positive points were identified from this crisis, for instance, the reduction in mass tourism that is harmful to the sustainability of the environment and climate change. Also, there was an emergence of innovation in the sector, with the digitalization of operations in the travel and tourism industry.