Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

PL EN


2016 | 7 | 1 | 63-71

Article title

Risk management for sustainable tourism

Authors

Title variants

Languages of publication

EN

Abstracts

EN
The world tourism industry suffered some severe losses as a result of a series of major international events and the magnitude of disaster/catastrophic risks has become a major topic of discussion for a sustainable tourism especially in the insurance industry. Risk management in the tourism context refers to the planning and implementation of processes directed towards managing the adverse effects of crises and disasters/catastrophes on tourism. The sustainability of a tourism destination is significantly influenced by its ability to adapt to changing market conditions, use resources efficiently and deliver innovative planning and development strategies about risk management. The aim of this paper is to consider the key elements of crises and disasters and their effects upon tourism destinations, and to provide background on risk management processes for sustainable tourism.

Publisher

Year

Volume

7

Issue

1

Pages

63-71

Physical description

Dates

published
2016-05-01
received
2014-12-10
accepted
2015-04-02
online
2016-05-26

Contributors

author
  • Dokuz Eylül University, Faculty of Economics and Administrative Sciences, Department of Economics 35160 Buca, Izmir, TURKEY, Phone: 0090 232 3010633

References

  • [1] Anttila-Hughes, J.K. and Hsiang, S.M. (2011). Destruction, disinvestment, and death: Economic and human losses following environmental disaster. Working paper. URL http://conference.nber.org/confer//2012/EEEHC12/Hsiang_Antilla-Hughes.pdf.
  • [2] Banks, E. (2005). Catastrophic Risk: Analysis and Management. John Wiley & Sons Ltd.
  • [3] Cuaresma, J.C., Hlouskova, J. and Obersteiner, M. (2008). Natural disasters as creative destruction? Evidence from developing countries. Economic Inquiry, 46 (2): 214-226.[WoS][Crossref]
  • [4] Cummins, J.D. and Mahul, O. (2009). Catastrophe Risk Financing in Developing Countries Principles for Public Intervention. World Bank.
  • [5] Granger, K. (2000). An information infrastructure for disaster management in Pacific island countries. Australian Journal of Emergency Management. Autumn. pp.20-32.
  • [6] Guha-Sapir, D. and Santos, I. (2013). The Economic Impacts of Natural Disasters, Oxford University Press.
  • [7] Hallegatte, S. and Dumas, P. (2009). Can natural disasters have positive consequences? Investigating the role of embodied technical change. Ecological Economics. 68 (3): 777-786.[WoS][Crossref]
  • [8] Hsiang, S.M. and Jina, A.S. (2014). The Causal Effect of Environmental Catastrophe on Long-Run Economic Growth: Evidence from 6,700 Cyclones. NBER Working Paper, No: 20352.
  • [9] Insurance Information Institute. (2014, October 07). World, Natural Catastrophes. Retrieved from http://www.iii.org/fact-statistic/catastrophes-global
  • [10] Kunreuther, H., Michel-Kerjan, E. and Useem, M. (2013). Corporate Strategies for Managing Catastrophic Risks in the S&P 500: Linking Intuitive and Deliberative Thinking. The Wharton School, University of Pennsylvania, Interim Report.
  • [11] Lynham, J. Noy, I. and Page, J. (2012). The 1960 Tsunami in Hawaii: Long Term Consequences of Costal Disaster. University of Hawai`i at Mānoa Department of Economics Working Paper Series, No:12-16.
  • [12] Robertson, D., Kean, I. and Moore, S. (2006). Tourism Risk Management: An Authoritative Guide to Managing Crises in Tourism. APEC International Centre for Sustainable Tourism (AICST).
  • [13] Skidmore, M. and Toya, H. (2002). Do natural disasters promote long-run growth?. Economic Inquiry, 40 (4): 664-687.[Crossref]
  • [14] STATISTA. (2014, June 10). Retrieved fom http://www.statista.com/statistics/233223/travel-and-tourism--total-economiccontribution-worldwide/
  • [15] Swiss Re (2014). Natural catastrophes and man-made disasters in 2013: large losses from floods and hail; Haiyan hits the Philippines. Sigma. No:1, p:45.
  • [16] Tsai, C-H. (2013). Multi-Hazard Risk Assessment and Management in Tourism Industry- A Case Study from the Island of Taiwan. International Journal of Social, Management, Economics and Business Engineering. 7(8).
  • [17] UNESCO. (2014, September 20). Sustainable Tourism. Retrieved from http://www.unesco.org/education/tlsf/mods/theme_c/mod16.html?panel=2#top
  • [18] UNWTO (2005). Making Tourism More Sustainable - A Guide for Policy Makers.
  • [19] UNWTO (2014). Tourism Highlights 2014.
  • [20] World Economic Forum. (2014). Global risks 2014, 9th edition.
  • [21] WTTC (2010). Travel & Tourism Economic Impact Report 2010.
  • [22] WTTC (2014). Travel & Tourism Economic Impact Report 2014.
  • [23] Yang, D. (2008). Coping with disaster: The impact of hurricanes on international financial flows, 1970-2002. Advances in Economic Analysis & Policy. 8 (1): 1903-1903.

Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.doi-10_1515_ejthr-2016-0007
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.