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Tourism and Terrorism: Economic impact of terrorist attacks on the tourism industry. The example of the destination of Paris

Tourism and Terrorism: Economic impact of terrorist attacks on the tourism industry. The example... AbstractCities are popular destinations for international tourism that in recent years have increasingly become the target of terrorist attacks affecting the tourism industry. In this study, the economic damage caused by the terror attacks is calculated for the destination Paris, differentiated by sectors and source markets. For this purpose, the revenue shortfalls caused by the terrorist attacks of 2015 for the tourism industry in Paris are calculated. Taking into account the decreasing number of visitors, discounts granted by the accommodation sector as well as additional expenditures for marketing or loss of revenue by tourism service providers (e. g. in the transport sector), the shortfall of revenues in the tourism sector amounts to at least € 2 bn in the period 2015 to 2017. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Zeitschrift für Wirtschaftsgeographie de Gruyter

Tourism and Terrorism: Economic impact of terrorist attacks on the tourism industry. The example of the destination of Paris

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Publisher
de Gruyter
Copyright
© 2019 Walter de Gruyter GmbH, Berlin/Boston
ISSN
0044-3751
DOI
10.1515/zfw-2019-0015
Publisher site
See Article on Publisher Site

Abstract

AbstractCities are popular destinations for international tourism that in recent years have increasingly become the target of terrorist attacks affecting the tourism industry. In this study, the economic damage caused by the terror attacks is calculated for the destination Paris, differentiated by sectors and source markets. For this purpose, the revenue shortfalls caused by the terrorist attacks of 2015 for the tourism industry in Paris are calculated. Taking into account the decreasing number of visitors, discounts granted by the accommodation sector as well as additional expenditures for marketing or loss of revenue by tourism service providers (e. g. in the transport sector), the shortfall of revenues in the tourism sector amounts to at least € 2 bn in the period 2015 to 2017.

Journal

Zeitschrift für Wirtschaftsgeographie – de Gruyter

Published: May 26, 2020

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