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Unemployment effects of economic crises on hotel and residential tourism destinations: The case of Spain
Institution:1. Varna University of Management, 13A Oborishte Str., 9000 Varna, Bulgaria;2. International Hospitality Management, Varna University of Management, 13A Oborishte Str., 9000 Varna, Bulgaria;3. Ball State University, Muncie, IN, USA;1. School of Hotel and Tourism Management, Faculty of Business Administration, The Chinese University of Hong Kong, Shatin, NT, Hong Kong Special Administrative Region;2. School of Hotel and Tourism Management, Hong Kong Polytechnic University, 17 Science Museum Road, TST East, Kowloon, Hong Kong Special Administrative Region;3. Revenue Management, Ecole hôtelière de Lausanne HES-SO/University of Applied Sciences Western Switzerland, Route de Cojonnex 18, 1000 Lausanne 25, Switzerland;1. Department of Land Resources and Tourism Sciences, Nanjing University, Nanjing, Jiangsu 210023, PR China;2. School of Tourism and Hospitality Management, Temple University, Philadelphia, PA 19122, USA;1. Universidad de Málaga, Departamento de Economía y Administración de Empresas, Campus El Ejido s/n, 29013, Málaga, Spain;2. Universidad de Málaga, Departamento de Economía Aplicada, Campus El Ejido s/n, 29013, Málaga, Spain;3. Universidad de Málaga, Departamento de Teoría e Historia Económica, Campus El Ejido s/n, 29013, Málaga, Spain;1. University of Westminster, 35 Marylebone Road, London NW1 5LS, UK;2. Anglia Ruskin University, East Road, Cambridge CB1 1PT, UK;1. Ming Chuan University, Taoyuan County, Taiwan;2. Research Center of Tourism School, Leisure & Recreation Administration Department, Taiwan;3. Research Center of Tourism School, Department of Hospitality Management, School of Tourism, Taiwan
Abstract:This paper analyses the effects of economic crises on tourism destinations from a city and regional point of view. The objective is to determine which kind of Spanish “Sun and Beach” tourism destinations, residential or hotel, has better weathered the most recent economic crisis in Spain, linked to the Global Financial Crisis of 2007/8. For this purpose, the authors have analysed the increases in the unemployment rates of a pool of 138 tourist destinations located on the Spanish Mediterranean coastline. The main finding of the paper is that during the crisis, residential destinations experienced a greater destruction of employment than hotel destinations. This result is consistent with previous literature that indicates a better economic performance of the hotel tourism development model.
Keywords:Global Economic and Financial Crisis  Residential destinations  Hotel destinations  Unemployment rates
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