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The Economic Impact Of Covid-19 Pandemic On The Travel And Tourism Industry: Kerala Evidence

Author

Listed:
  • K M, Siby
  • V Varghese, Dr.Varun
  • C R, Shiju

Abstract

COVID-19 pandemic broke out when the travel and tourism industry was at its peak. There was a trend among the new generation spending more time and money on recreational activities as stress relievers. Travel and Tourism were prominent activities in this regard. The spread of the pandemic was so fast and gripping that the country itself got into complete lockdown and consequent shocks in every aspect of the economy. The study attempted to analyze the changes that occurred in the travel and tourism industry as a result of the pandemic. The study made use of statistical tools such as five-point Likert scale analysis, Wilcoxon Test, Chi-Square Test to analyze the impact of Covid-19 pandemic on the Travel and Tourism industry in Kerala.The study inferred from the analysis that lockdowns due to the Covid pandemic had significant and enduring negative impacts on the business prospects of stakeholders in the travel and tourism industry.

Suggested Citation

  • K M, Siby & V Varghese, Dr.Varun & C R, Shiju, 2021. "The Economic Impact Of Covid-19 Pandemic On The Travel And Tourism Industry: Kerala Evidence," MPRA Paper 108242, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:108242
    as

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    File URL: https://mpra.ub.uni-muenchen.de/108242/1/MPRA_paper_108242.pdf
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    References listed on IDEAS

    as
    1. K M, SIBY & V Varghese, Dr.Varun, 2021. "A study of Internet Utilization by Students in times of Covid Pandemic: Evidence from Ernakulam district of Kerala," MPRA Paper 107865, University Library of Munich, Germany.
    2. K M, Siby, 2021. "Wage Earnings: Does Experience outweigh Education? Evidence from Ernakulam district of Kerala," MPRA Paper 107552, University Library of Munich, Germany.
    3. K M, Siby, 2021. "A Study on Consumer Perception of Digital Payment Methods in times of Covid Pandemic," MPRA Paper 107002, University Library of Munich, Germany.
    4. Škare, Marinko & Soriano, Domingo Riberio & Porada-Rochoń, Małgorzata, 2021. "Impact of COVID-19 on the travel and tourism industry," Technological Forecasting and Social Change, Elsevier, vol. 163(C).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Travel and tourism industry; Covid Pandemic; Average occupancy rate; Average quarterly turnover;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • A10 - General Economics and Teaching - - General Economics - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

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