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Tourism climate insurance: implications and prospects
Authors:Hossein G. T. Olya  Bahman Peyravi  Sara Dalir
Affiliation:1. Sheffield University Management School, University of Sheffield, Sheffield, UK;2. Management, Vilnius Gediminas Technical University, Vilnius, Lithuania;3. Sheffield Business School, Sheffield Hallam University, Sheffield, UK;4. Business School, Oxford Brookes University, Oxford, UK
Abstract:This paper investigates the intentions of tourists to purchase climate insurance as part of their holiday packages. A research model, based on Bagozzi’s reformulation of attitude theory designed to examine the relationships between climate expectation-disconfirmation and the behavioral intentions of tourists in purchasing tourism climate insurance, with destination loyalty as an outcome. The model hypothesizes and tests whether expectation-disconfirmation can be resolved by insuring the product-climate. A structural equation modeling is utilized. The results reveal that the expectation-disconfirmation of tourists in relation to climate is positively associated with their intentions to purchase insurance and negatively affects loyalty.
Keywords:Tourism climate insurance  expectation-disconfirmation  climate change  loyalty  seasonality  North Cyprus  Purchase intention  Mediterranean  Reformulation of attitude theory  Destination management
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