Economics of Tourism in Portugal: Impacts of the COVID-19 Pandemic

Description

This Brief discusses impacts of the COVID-19 pandemic on the Portuguese tourism sector. Taking into account real-world conditions and the importance of the tourism sector for the Portuguese economy, this book highlights the economic contexts of tourism in Portugal at the regional and municipal levels, discussing pre-pandemic economic frameworks and projecting potential implications for the future. Using data provided by Statistics Portugal, the Brief performs econometric analysis on three cases: new paradigms for overnight stays and guests, changes in tourism revenues and prospective alternatives, and a comparison of effects on changes in number of guests and overnight stays at the regional level. Providing cutting edge analysis of a dynamic global situation, this Brief will be useful for researchers interested in tourism economics and European economics as well as policymakers and industry professionals. Acknowledgements About This Book Contents About the Author The Evolution in Number of Guests and Overnight Stays: Is the Tourism Sector Sufficiently Prepared for New Paradigms? 1 Introduction 2 Exploring Insights from the Statistical Information 2.1 NUTS 2 2.2 Country of Residence 2.3 Type of Establishment 3 Correlations Between Guests and Overnight Stays and Economic Indicators 4 Conclusions References The Main Changes in Tourism Revenues: There Are Alternatives? 1 Introduction 2 Data Analysis 2.1 Statistical Information Disaggregated by NUTS 2 2.2 Statistical Information Disaggregated by Type of Establishment 3 Interrelationships Between the Tourism Revenues and Some Economic Indicators 4 Conclusions References Will All Municipalities Be Affected in the Same Way by Changes in Overnight Stays? 1 Introduction 2 Bibliometric Analysis 3 Statistical Information Analysis by Portuguese Municipalities 4 Conclusions References Index