Research Article

Assessing the short-term impacts of COVID-19 pandemic on foreign visitor’s demand for Turkey: A scenario analysis

Volume: 2 Number: 2 December 31, 2020
TR EN

Assessing the short-term impacts of COVID-19 pandemic on foreign visitor’s demand for Turkey: A scenario analysis

Abstract

Since it first started in China, COVID-19 outbreak has become the number one problem of the World. World Health Organization accepted COVID-19 outbreak a pandemic on March 11, 2020. In light of the latest information, it could be said that the world has never encountered such a pandemic in the last century. Tourism is one of the most sensitive sectors to crises such as wars, terrorist attacks, natural disasters and other kinds of unexpected phenomena. This study aims to forecast the short-term effects of COVID-19 pandemic on foreign visitors' demand for Turkey by using scenario analysis technique. According to the results, a decline in foreign visitors’ arrivals in the range of 5% to 53% is estimated. It means a loss of tourism revenues about $15.2 billion as the worst, and $1.5 billion as the best alternative scenario for 2020. It is essential to develop recovery plans and to implement them urgently, to minimize the harms of the COVID-19 pandemic on Turkish tourism.

Keywords

References

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Details

Primary Language

English

Subjects

Economics

Journal Section

Research Article

Publication Date

December 31, 2020

Submission Date

April 6, 2020

Acceptance Date

April 22, 2020

Published in Issue

Year 2020 Volume: 2 Number: 2

APA
Günay, F., Bayraktaroğlu, E., & Özkul, K. (2020). Assessing the short-term impacts of COVID-19 pandemic on foreign visitor’s demand for Turkey: A scenario analysis. Journal of Ekonomi, 2(2), 80-85. https://izlik.org/JA76RZ62YP
AMA
1.Günay F, Bayraktaroğlu E, Özkul K. Assessing the short-term impacts of COVID-19 pandemic on foreign visitor’s demand for Turkey: A scenario analysis. JOE. 2020;2(2):80-85. https://izlik.org/JA76RZ62YP
Chicago
Günay, Fatih, Engin Bayraktaroğlu, and Kahraman Özkul. 2020. “Assessing the Short-Term Impacts of COVID-19 Pandemic on Foreign Visitor’s Demand for Turkey: A Scenario Analysis”. Journal of Ekonomi 2 (2): 80-85. https://izlik.org/JA76RZ62YP.
EndNote
Günay F, Bayraktaroğlu E, Özkul K (December 1, 2020) Assessing the short-term impacts of COVID-19 pandemic on foreign visitor’s demand for Turkey: A scenario analysis. Journal of Ekonomi 2 2 80–85.
IEEE
[1]F. Günay, E. Bayraktaroğlu, and K. Özkul, “Assessing the short-term impacts of COVID-19 pandemic on foreign visitor’s demand for Turkey: A scenario analysis”, JOE, vol. 2, no. 2, pp. 80–85, Dec. 2020, [Online]. Available: https://izlik.org/JA76RZ62YP
ISNAD
Günay, Fatih - Bayraktaroğlu, Engin - Özkul, Kahraman. “Assessing the Short-Term Impacts of COVID-19 Pandemic on Foreign Visitor’s Demand for Turkey: A Scenario Analysis”. Journal of Ekonomi 2/2 (December 1, 2020): 80-85. https://izlik.org/JA76RZ62YP.
JAMA
1.Günay F, Bayraktaroğlu E, Özkul K. Assessing the short-term impacts of COVID-19 pandemic on foreign visitor’s demand for Turkey: A scenario analysis. JOE. 2020;2:80–85.
MLA
Günay, Fatih, et al. “Assessing the Short-Term Impacts of COVID-19 Pandemic on Foreign Visitor’s Demand for Turkey: A Scenario Analysis”. Journal of Ekonomi, vol. 2, no. 2, Dec. 2020, pp. 80-85, https://izlik.org/JA76RZ62YP.
Vancouver
1.Fatih Günay, Engin Bayraktaroğlu, Kahraman Özkul. Assessing the short-term impacts of COVID-19 pandemic on foreign visitor’s demand for Turkey: A scenario analysis. JOE [Internet]. 2020 Dec. 1;2(2):80-5. Available from: https://izlik.org/JA76RZ62YP

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