FACTORS IMPACTING FINANCIAL LOSS OF SMALL TOURISM BUSINESSES DUE TO COVID-19

Q1 Social Sciences

Geojournal of Tourism and Geosites Pub Date : 2023-12-29 DOI:10.30892/gtg.50407-1125

Farzana Afroz, Kamrul Hassan, J. Ferdaus

引用次数: 0

Abstract

Small tourism businesses are extremely affected by COVID-19 pandemic all over the world. The pandemic scenario in case of small tourism businesses in third-world country like Bangladesh was much critical. The study aims at evaluating factors responsible for financial loss of small tourism businesses due to COVID-19 pandemic in Bangladesh. To address the objective, Chi-square test, and logistic regression modeling have been applied to the quantitative primary data. This study finds that education of the owner/manager, type of organization, office location, year of establishment, main target customer and revenue earned before pandemic have significant relationship with financial loss during COVID-19. The results of the research would assist entrepreneurs and policy-makers in weighing different factors directly connected with the profit or loss in business and to formulate strategies for unpredicted crises.

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影响小型旅游企业因气候变化造成经济损失的因素-19

COVID-19 在全世界的流行对小型旅游业造成了极大的影响。对于孟加拉国这样的第三世界国家的小型旅游业来说，大流行病的情况非常严重。本研究旨在评估造成孟加拉国小型旅游企业因 COVID-19 大流行而蒙受经济损失的因素。为实现这一目标，我们对定量原始数据进行了卡方检验和逻辑回归建模。研究发现，所有者/管理者的教育程度、组织类型、办公地点、成立年份、主要目标客户和大流行前的收入与 COVID-19 期间的财务损失有显著关系。研究结果将有助于企业家和政策制定者权衡与企业盈亏直接相关的不同因素，并制定应对不可预测危机的策略。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Geojournal of Tourism and Geosites Social Sciences-Geography, Planning and Development

CiteScore

3.90

自引率

0.00%

发文量

156

审稿时长

24 weeks

期刊介绍： GeoJournal of Tourism and Geosites is a scientific publication, with an international status. The Journal is issued under the aegis of the University of Oradea, Department of Geography, Tourism and Territorial Planning, Territorial Studies and Analysis Centre (Romania) and the Academy of Physical Education and Sports from Gdańsk, Faculty of Tourism and Recreation (Poland). At the initiative of an international group of specialists, based on an editorial and scientific committee with a wide international coverage, including leading figures in the field, in 2008 was published the first English issue of the GeoJournal of Tourism and Geosites. The printable format (2-3 issues per year) is supported by the on-line version. The journal aims to publish relevant contributions in tourism, geosites and other areas whose analysis is related to these fields, standing out through originality and scientific contribution to the knowledge and development of this area. An important objective is to promote academic and applied research based on interdisciplinarity with a complex local and global approach.