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.
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.
Birincil Dil | İngilizce |
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Konular | Ekonomi |
Bölüm | Research Articles |
Yazarlar | |
Yayımlanma Tarihi | 31 Aralık 2020 |
Gönderilme Tarihi | 6 Nisan 2020 |
Yayımlandığı Sayı | Yıl 2020 Cilt: 2 Sayı: 2 |
As the first video article in Turkey, it was featured in the Journal of Ekonomi.
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* (Kuru ve Balkan, 2020: Türkiye Ekonomisi Özel Sayısı, 5-9)
* (Işık et al., 2019: 1(1): 1-27)
* (Radulescu and Sandra, 2019 1(1): 28-32)
* (Berger, 2019, 1(1): 43-48)
* (Özelli, 2019 1(1): 49-83)
* (Crenguta, 2019 1(1): 84-86)
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