Abstract
The impact of terrorist events on various business sectors has been widely publicized. The tourism travel industry has been one of the most impacted industries. Prior studies have shown that air travel is affected by a terrorist event within the region in which the terrorism event occurred. This research models the magnitude of the event, the duration of the effect, and the shape of the life cycle of the event. Three theoretical crisis life cycles are compared to actual terrorism events in the US and Spain. Two terrorism events that affected tourist air travel are studied in this research: 9/11 and the Madrid train bombings. This research finds that the impact on tourist air travel from these terrorism events follows primarily a fad life cycle with some scalable characteristics.
Original language | American English |
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State | Published - Oct 1 2006 |
Event | Allied Academies International Conference - Duration: Apr 1 2012 → … |
Conference
Conference | Allied Academies International Conference |
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Period | 04/1/12 → … |
Keywords
- Tourism
- Air travel
- Life cycles
DC Disciplines
- Business Administration, Management, and Operations
- Operations and Supply Chain Management