Lessons from the impact of global and domestic economic crises on tourists’ behaviour

Cesário, Marisa; Barreira, Ana Paula

Publication

Lessons from the impact of global and domestic economic crises on tourists’ behaviour

2024-04-03Journal article

dc.contributor.author	Cesário, Marisa
dc.contributor.author	Barreira, Ana Paula
dc.date.accessioned	2025-01-13T14:10:40Z
dc.date.available	2025-01-13T14:10:40Z
dc.date.issued	2024-04-03
dc.description.abstract	Economic crises have been demonstrated to have profound consequences on the tourism industry. Insights from previous global economic and financial crises can provide valuable perspectives on the economic crisis accompanying the war in Eastern Europe. Through a survey conducted during the off-peak seasons of 2008, 2009/2010, and 2010/2011, we compared satisfaction with the attributes of the Algarve—a region globally recognized by the 3S’s— before global and domestic crises and after the global crisis. Our findings reveal that the international and domestic crises have not affected the image of the Algarve. However, this observation conceals shifts in how tourists perceive the destination's attributes. The valuation of accommodations and beaches declined between the pre and post-global crises. At the same time, the friendliness of locals and safety were more negatively impacted when comparing tourists’ assessments before the domestic crisis and after the global crisis. Results indicate that price reduction strategies adversely affect tourists’ assessments of the "value for money." This impact is more pronounced for tourists with higher education levels, who employ fewer "slicing" strategies. Furthermore, non-sovereign debt tourists appear to be more dissatisfied with a price reduction policy, possibly due to changes in the composition and quality of the offered packages.	eng
dc.identifier.doi	10.37741/t.72.2.2
dc.identifier.eissn	1332-7461
dc.identifier.issn	1849-1545
dc.identifier.uri	http://hdl.handle.net/10400.1/26614
dc.language.iso	eng
dc.peerreviewed	yes
dc.publisher	Institute for Tourism
dc.relation	Research Centre for Tourism, Sustainability and Well-being
dc.relation	Center for Advanced Studies in Management and Economics
dc.relation.ispartof	Tourism
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subject	Economic crisis
dc.subject	Tourist’s satisfaction
dc.subject	Tourism destination attributes
dc.subject	Algarve-Portugal
dc.title	Lessons from the impact of global and domestic economic crises on tourists’ behaviour	eng
dc.type	journal article
dspace.entity.type	Publication
oaire.awardTitle	Research Centre for Tourism, Sustainability and Well-being
oaire.awardTitle	Center for Advanced Studies in Management and Economics
oaire.awardURI	info:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UIDB%2F04020%2F2020/PT
oaire.awardURI	info:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UIDB%2F04007%2F2020/PT
oaire.citation.endPage	162
oaire.citation.issue	2
oaire.citation.startPage	147
oaire.citation.title	An International Interdisciplinary Journal
oaire.citation.volume	72
oaire.fundingStream	6817 - DCRRNI ID
oaire.fundingStream	6817 - DCRRNI ID
oaire.version	http://purl.org/coar/version/c_970fb48d4fbd8a85
person.familyName	Cesário
person.familyName	Barreira
person.givenName	Marisa
person.givenName	Ana Paula
person.identifier.ciencia-id	1E14-D117-FBBA
person.identifier.ciencia-id	471B-B2E3-7830
person.identifier.orcid	0000-0001-7832-6949
person.identifier.orcid	0000-0001-5816-3361
person.identifier.rid	E-9734-2019
person.identifier.scopus-author-id	12768567100
project.funder.identifier	http://doi.org/10.13039/501100001871
project.funder.identifier	http://doi.org/10.13039/501100001871
project.funder.name	Fundação para a Ciência e a Tecnologia
project.funder.name	Fundação para a Ciência e a Tecnologia
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