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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@article{2374657, author = {Novotná, Markéta and Halámek, Petr and Tóthová, Dominika}, article_location = {Croatia}, article_number = {3}, keywords = {health tourism; self-payers; spa industry; subsidies; uncertainty; Czech Republic}, language = {eng}, issn = {1330-7533}, journal = {Tourism and Hospitality Management}, title = {Spa Industry Resilience in Changing External Conditions: Nexus Between Tourist Attractiveness and Fiscal Policy (accepted)}, url = {https://thm.fthm.hr/current-issue}, volume = {30}, year = {2024} }
TY - JOUR ID - 2374657 AU - Novotná, Markéta - Halámek, Petr - Tóthová, Dominika PY - 2024 TI - Spa Industry Resilience in Changing External Conditions: Nexus Between Tourist Attractiveness and Fiscal Policy (accepted) JF - Tourism and Hospitality Management VL - 30 IS - 3 PB - University of Rijeka, Faculty of Tourism & Hospitality Management, Opatija SN - 13307533 KW - health tourism KW - self-payers KW - spa industry KW - subsidies KW - uncertainty KW - Czech Republic UR - https://thm.fthm.hr/current-issue N2 - 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. ER -
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). \textit{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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