TY - JOUR
T1 - Covid-19, aftermath, impacts, and hospitality firms : an international perspective
AU - Duarte Alonso, Abel
AU - Kok, Seng Kiat
AU - Bressan, Alessandro
AU - O’Shea, Michelle
AU - Sakellarios, Nikolaos
AU - Koresis, Alex
AU - Buitrago Solis, Maria Alejandra
AU - Santoni, Leonardo J.
PY - 2020
Y1 - 2020
N2 - Drawing on the theory of resilience, and on an international sample of 45 predominantly small hospitality businesses, this exploratory study extends knowledge about the key concerns, ways of coping, and the changes and adjustments undertaken by these firms' owners and managers during the COVID-19 outbreak. The various emergent relationships between the findings and the considered conceptual underpinnings of the literature on resilience, revealed nine theoretical dimensions. These dimensions critically illuminate and extend understanding concerning the actions and alternatives owners-managers resorted to when confronted with an extreme context. For instance, with financial impacts and uncertainty being predominant issues among participants, over one-third indicated actioning alternative measures to create much-needed revenue streams, and preparing for a new post-COVID-19 operational regime, respectively. Furthermore, 60 percent recognised making changes to the day-to-day running of the business to respond to initial impacts, or biding time in anticipation of a changing business and legal environment.
AB - Drawing on the theory of resilience, and on an international sample of 45 predominantly small hospitality businesses, this exploratory study extends knowledge about the key concerns, ways of coping, and the changes and adjustments undertaken by these firms' owners and managers during the COVID-19 outbreak. The various emergent relationships between the findings and the considered conceptual underpinnings of the literature on resilience, revealed nine theoretical dimensions. These dimensions critically illuminate and extend understanding concerning the actions and alternatives owners-managers resorted to when confronted with an extreme context. For instance, with financial impacts and uncertainty being predominant issues among participants, over one-third indicated actioning alternative measures to create much-needed revenue streams, and preparing for a new post-COVID-19 operational regime, respectively. Furthermore, 60 percent recognised making changes to the day-to-day running of the business to respond to initial impacts, or biding time in anticipation of a changing business and legal environment.
KW - COVID-19 (disease)
KW - hospitality industry
KW - resilience (personality trait)
KW - small business
UR - http://hdl.handle.net/1959.7/uws:57248
U2 - 10.1016/j.ijhm.2020.102654
DO - 10.1016/j.ijhm.2020.102654
M3 - Article
SN - 0278-4319
VL - 91
JO - International Journal of Hospitality Management
JF - International Journal of Hospitality Management
M1 - 102654
ER -