Abstract
Cities are popular destinations for international tourism that in recent years have increasingly become the target of terrorist attacks affecting the tourism industry. In this study, the economic damage caused by the terror attacks is calculated for the destination Paris, differentiated by sectors and source markets. For this purpose, the revenue shortfalls caused by the terrorist attacks of 2015 for the tourism industry in Paris are calculated. Taking into account the decreasing number of visitors, discounts granted by the accommodation sector as well as additional expenditures for marketing or loss of revenue by tourism service providers (e. g. in the transport sector), the shortfall of revenues in the tourism sector amounts to at least € 2 bn in the period 2015 to 2017.
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Articles in the same Issue
- Titelseiten
- Research articles
- Does the Digitalization of Manufacturing Boost a ‘Smart’ Era of Capital Accumulation?
- Legitimation strategies in an emerging field: family firm succession consultancy in Germany
- Overcoming overtourism in Europe: Towards an institutional-behavioral research agenda
- Tourism and Terrorism: Economic impact of terrorist attacks on the tourism industry. The example of the destination of Paris
Articles in the same Issue
- Titelseiten
- Research articles
- Does the Digitalization of Manufacturing Boost a ‘Smart’ Era of Capital Accumulation?
- Legitimation strategies in an emerging field: family firm succession consultancy in Germany
- Overcoming overtourism in Europe: Towards an institutional-behavioral research agenda
- Tourism and Terrorism: Economic impact of terrorist attacks on the tourism industry. The example of the destination of Paris