IDEAS home Printed from https://ideas.repec.org/a/mgs/ijmsba/v7y2021i6p7-15.html
   My bibliography  Save this article

Assessing the Recovery Rate of Inbound Tourist Arrivals Amid COVID-19: Evidence from the Maldives

Author

Listed:
  • Ahmed Rabeeu

    (School of Economics and Management, Tongji University, China)

  • Chen Shouming

    (School of Economics and Management, Tongji University, China)

  • Md Abid Hasan

    (School of Economics and Management, Tongji University, China)

  • Disney Leite Ramos

    (School of Economics and Management, Tongji University, China)

  • Abdul Basit Abdul Rahim

    (School of Economics and Management, Tongji University, China)

Abstract

The present study examines the impact of COVID-19 on Maldivian tourism, highlighting the loss of tourists and tourism earnings for the period 2020Q1 to 2021Q2 and analyses the recovery rate of inbound tourists’ arrivals post border re-opening (i.e., 2020Q3 – 2021Q2). Seasonal Autoregressive Integrated Moving Average (SARIMA) model was employed to generate monthly forecasts for 2020 and 2021. The results indicate an estimated loss of 1.9 million tourists between 2020Q1 and 2021Q2. A massive drop in tourist arrivals caused an estimated loss of USD 3.5 billion in tourism earnings by June 2021. Results further indicate that with an average monthly recovery rate of 3%, inbound arrivals have recovered 34% of forecasted levels and 40% of 2019 levels by June 2021. The measures implemented by the government of Maldives played a vital role in the recovery of inbound tourism. However, the rebound of tourists has not reached the desired levels except for the arrivals from Russia. Therefore, additional strategies must be implemented for the quick revival of the Maldivian tourism industry. This study expands and enriches tourism management knowledge in the face of a massive crisis highlighting important managerial and policy implications for reviving the tourism industry of the Maldives.

Suggested Citation

  • Ahmed Rabeeu & Chen Shouming & Md Abid Hasan & Disney Leite Ramos & Abdul Basit Abdul Rahim, 2021. "Assessing the Recovery Rate of Inbound Tourist Arrivals Amid COVID-19: Evidence from the Maldives," International Journal of Management Science and Business Administration, Inovatus Services Ltd., vol. 7(6), pages 7-15, September.
    • Handle: RePEc:mgs:ijmsba:v:7:y:2021:i:6:p:7-15
    DOI: 10.18775/ijmsba.1849-5664-5419.2014.76.1001
    as

    Download full text from publisher

    File URL: https://researchleap.com/wp-content/uploads/2021/09/01_Assessing_the_recovery_rate_of_inbound_tourist_arrivals_amid_COVID.docx-16-59-08-438.pdf
    Download Restriction: no
    File URL: https://researchleap.com/assessing-the-recovery-rate-of-inbound-tourist-arrivals-amid-covid-19-evidence-from-the-maldives/
    Download Restriction: no
    File URL: https://libkey.io/10.18775/ijmsba.1849-5664-5419.2014.76.1001?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Maldives; COVID-19; SARIMA; Recovery rate; Inbound tourist arrivals; Tourism earnings.;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mgs:ijmsba:v:7:y:2021:i:6:p:7-15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bojan Obrenovic (email available below). General contact details of provider: https://researchleap.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.