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The Main Changes in Tourism Revenues: There Are Alternatives?

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Economics of Tourism in Portugal

Part of the book series: SpringerBriefs in Economics ((BRIEFSECONOMICS))

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Abstract

The competitiveness of the tourism sector in Portugal is crucial for economic performance in the Portuguese context. The new paradigms created by the pandemic have compromised this competitiveness and the alternatives are, for now, not well perceived or understood by the several stakeholders. For example, the possibility of reconverting employees from the tourism sector into the social sector was not well received by the various key players involved. To better support the design of new policies, namely to find alternatives for the unemployment that will be created by the Covid-19 pandemic, the objective of this study is to present a perspective of tourism revenue before and after the pandemic. The main outcomes suggest that it will be urgent to find new alternatives of business and employment in order to mitigate the impacts from these new paradigms, due to the decrease across the several dimensions of revenue which has been accentuated and the perspectives for the summer months are not promising enough to overcome the dramatic context created.

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Acknowledgments

This work is funded by National Funds through the FCT - Foundation for Science and Technology, I.P., within the scope of the project Refª UIDB/00681/2020. Furthermore we would like to thank the CERNAS Research Centre and the Polytechnic Institute of Viseu for their support.

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Martinho, V.J.P.D. (2021). The Main Changes in Tourism Revenues: There Are Alternatives?. In: Economics of Tourism in Portugal. SpringerBriefs in Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-65200-5_2

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