NOVOTNÁ, Markéta, Petr HALÁMEK and Dominika TÓTHOVÁ. Spa Industry Resilience in Changing External Conditions: Nexus Between Tourist Attractiveness and Fiscal Policy (accepted) (Spa Industry Resilience in Changing External Conditions: Nexus Between Tourist Attractiveness and Fiscal Policy). Tourism and Hospitality Management. Croatia: University of Rijeka, Faculty of Tourism & Hospitality Management, Opatija, 2024, vol. 30, No 3. ISSN 1330-7533.
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Basic information
Original name Spa Industry Resilience in Changing External Conditions: Nexus Between Tourist Attractiveness and Fiscal Policy (accepted)
Authors NOVOTNÁ, Markéta, Petr HALÁMEK and Dominika TÓTHOVÁ.
Edition Tourism and Hospitality Management, Croatia, University of Rijeka, Faculty of Tourism & Hospitality Management, Opatija, 2024, 1330-7533.
Other information
Original language English
Type of outcome Article in a journal
Field of Study 50204 Business and management
Country of publisher Croatia
Confidentiality degree is not subject to a state or trade secret
WWW odkaz na webovou stránku časopisu
Impact factor Impact factor: 1.300 in 2022
Organization unit Faculty of Economics and Administration
UT WoS 999
Keywords (in Czech) zdravotní turismus; samoplátci; lázeňství; dotace; nejistota; Česká republika
Keywords in English health tourism; self-payers; spa industry; subsidies; uncertainty; Czech Republic
Tags International impact, Reviewed
Changed by Changed by: Mgr. Pavlína Kurková, učo 368752. Changed: 23/2/2024 08:59.
Abstract
Purpose – This study aims to evaluate the performance of the Czech spa industry within a dynamically changing external environment, specifically in the context of the COVID-19 pandemic. Considering the relationship between tourist attractiveness and fiscal policy effectiveness, the research explores the divergences existing among spa companies functioning across discrete spa resort categories within the Czech Republic. Methodology/Design/Approach – The research employs secondary data obtained from the state statistical service and the business register. The analysis entails an examination of the relationship between the level of tourist attractiveness and alterations in sales. Findings – The study reveals that spa resorts with higher levels of tourist attractiveness encountered a more pronounced decline in sales. Despite the notable allocation of public funds, the impact of subsidies on economic outcomes remained limited. Originality of the research – A contribution lies in its revelation of the adverse implications of overreliance on tourism for the spa industry. The study highlights the imperative for diversification in resort portfolios. Moreover, the research offers valuable insights into the optimal allocation of subsidies, suggesting directions for more effective utilization and distribution in a manner that supports the industry's long-term sustainability and resilience.
Links
MUNI/A/1223/2022, interní kód MUName: Konkurenceschopnost a odolnost regionů: příležitosti a hrozby
Investor: Masaryk University
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