Building a Resilient Local Economy: The Influence of Global Crises on Deglobalization of the Tourism Supply System

Abstract

Abstract In the context of current deglobalization trends this research aims to investigate the need for changes in tourism supply system by analysing perception and expectations of procurement managers and suppliers of goods and services related to growing inflationary pressure on business costs and raising concerns about vulnerability and instability of the global supply chains. Based on survey and semi-structured interviews conducted among hotel procurement managers and local suppliers in popular seaside tourism destinations in Croatia, this research provides empirical evidences of the necessity to strengthen local capacities for the production of goods and service delivery using local resources in accordance to the principles of sustainable tourism development. The greatest concern respondents showed regarding the rising prices of energy, which was expected due to actual political situation in Europe. Study also provides some policy recommendations for ‘reinventing’ local production of goods and services for tourism-related purposes.