[go: up one dir, main page]

IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v12y2020i11p4697-d369057.html
   My bibliography  Save this article

Impact of Geographic Distribution of COVID-19 Cases on Hotels’ Performances: Case of Polish Cities

Author

Listed:
  • Tomasz Napierała

    (Faculty of Geographical Sciences, University of Lodz, Kopcińskiego31, 90-142 Łódź, Poland
    CiTUR Centre of Tourism Research, Development, and Innovation, Rua do Conhecimento, No. 4, 2520-614 Peniche, Portugal)

  • Katarzyna Leśniewska-Napierała

    (Faculty of Geographical Sciences, University of Lodz, Kopcińskiego31, 90-142 Łódź, Poland
    CiTUR Centre of Tourism Research, Development, and Innovation, Rua do Conhecimento, No. 4, 2520-614 Peniche, Portugal)

  • Rafał Burski

    (SATORIA Group SA, Puławska 2, 02-566 Warszawa, Poland)

Abstract
The main goal of the article is to describe the short-term impacts of reported new cases and deaths of the COVID-19 disease on hotels’ performances in the nine major Polish urban hotel markets: Kraków, Warszawa, Poznań, Wrocław, Gdańsk, Lublin, Łódź, Katowice, and Sopot. Time range of the analysis covers the period from January 5, 2020 (the beginning of the very first week when the COVID-19 cases were evidenced) to March 14, 2020 (the initial phase of lockdown was introduced by the Polish government). Various geographical contexts of the COVID-19 impacts are considered: national, European, and global. Generalized method of moments was applied to investigate the influence of reported COVID-19 cases (deaths) on both occupancy and revenue per available room. The results show that the most significant, negative impact of the pandemic on hotel performances is confirmed at the European level of the COVID-19 outbreak. Moreover, the negative influence of national cases of COVID-19 is more significant in less internationalized (or less-populated) urban destinations. Thus, the hotel industry (especially in the most internationalized, biggest Polish cities) might be recovered only when issues of the COVID-19 epidemic will be solved at the European level.

Suggested Citation

  • Tomasz Napierała & Katarzyna Leśniewska-Napierała & Rafał Burski, 2020. "Impact of Geographic Distribution of COVID-19 Cases on Hotels’ Performances: Case of Polish Cities," Sustainability, MDPI, vol. 12(11), pages 1-18, June.
  • Handle: RePEc:gam:jsusta:v:12:y:2020:i:11:p:4697-:d:369057
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/12/11/4697/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/12/11/4697/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Warwick McKibbin & Roshen Fernando, 2021. "The Global Macroeconomic Impacts of COVID-19: Seven Scenarios," Asian Economic Papers, MIT Press, vol. 20(2), pages 1-30, Summer.
    2. Jeffrey M. Wooldridge, 2001. "Applications of Generalized Method of Moments Estimation," Journal of Economic Perspectives, American Economic Association, vol. 15(4), pages 87-100, Fall.
    3. Sainaghi, Ruggero & Phillips, Paul & Zavarrone, Emma, 2017. "Performance measurement in tourism firms: A content analytical meta-approach," Tourism Management, Elsevier, vol. 59(C), pages 36-56.
    4. Viet-Phuong La & Thanh-Hang Pham & Manh-Toan Ho & Minh-Hoang Nguyen & Khanh-Linh P. Nguyen & Thu-Trang Vuong & Hong-Kong T. Nguyen & Trung Tran & Quy Khuc & Manh-Tung Ho & Quan-Hoang Vuong, 2020. "Policy Response, Social Media and Science Journalism for the Sustainability of the Public Health System Amid the COVID-19 Outbreak: The Vietnam Lessons," Sustainability, MDPI, vol. 12(7), pages 1-27, April.
    5. Chuanyi Wang & Zhe Cheng & Xiao-Guang Yue & Michael McAleer, 2020. "Risk Management of COVID-19 by Universities in China," JRFM, MDPI, vol. 13(2), pages 1-6, February.
    6. Croissant, Yves & Millo, Giovanni, 2008. "Panel Data Econometrics in R: The plm Package," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 27(i02).
    7. Song, Haiyan & Lin, Shanshan & Witt, Stephen F. & Zhang, Xinyan, 2011. "Impact of financial/economic crisis on demand for hotel rooms in Hong Kong," Tourism Management, Elsevier, vol. 32(1), pages 172-186.
    8. Wunong Zhang & Yuxin Wang & Lili Yang & Chuanyi Wang, 2020. "Suspending Classes Without Stopping Learning: China’s Education Emergency Management Policy in the COVID-19 Outbreak," JRFM, MDPI, vol. 13(3), pages 1-6, March.
    9. Arellano, Manuel, 2003. "Panel Data Econometrics," OUP Catalogue, Oxford University Press, number 9780199245291.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rasa Kanapickiene & Deimante Teresiene & Daiva Budriene & Greta Keliuotytė-Staniulėnienė & Jekaterina Kartasova, 2020. "The Impact Of Covid-19 On European Financial Markets And Economic Sentiment," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 14(1), pages 144-163.
    2. Robert Krzysztofik & Iwona Kantor-Pietraga & Tomasz Spórna, 2021. "Multidimensional Conditions of the First Wave of the COVID-19 Epidemic in the Trans-Industrial Region. An Example of the Silesian Voivodeship in Poland," Sustainability, MDPI, vol. 13(8), pages 1-17, April.
    3. Nikola Pejić & Zaharije Radivojević & Miloš Cvetavnović, 2023. "Analyzing the Impact of COVID-19 on GitHub Event Trends," Sustainability, MDPI, vol. 15(19), pages 1-16, October.
    4. Monika Widz & Renata Krukowska & Bartłomiej Walas & Zygmunt Kruczek, 2022. "Course of Values of Key Performance Indicators in City Hotels during the COVID-19 Pandemic: Poland Case Study," Sustainability, MDPI, vol. 14(19), pages 1-16, September.
    5. Yijia Wen & Li Fang & Qing Li, 2022. "Commercial Real Estate Market at a Crossroads: The Impact of COVID-19 and the Implications to Future Cities," Sustainability, MDPI, vol. 14(19), pages 1-16, October.
    6. Rafal Rosinski & Krzysztof Dziadek & Beata Zaleska, 2021. "Liquidity Loans as an Element of Support for the SME Sector during the COVID-19 Pandemic in the Area of Central Pomerania," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 576-589.
    7. Md. Mazharul Islam & Majed Alharthi, 2022. "Impact of COVID-19 on the Quality of Life of Households in Saudi Arabia," IJERPH, MDPI, vol. 19(3), pages 1-22, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gabriele Cervino & Luca Fiorillo & Giovanni Surace & Valeria Paduano & Maria Teresa Fiorillo & Rosa De Stefano & Riccardo Laudicella & Sergio Baldari & Michele Gaeta & Marco Cicciù, 2020. "SARS-CoV-2 Persistence: Data Summary up to Q2 2020," Data, MDPI, vol. 5(3), pages 1-16, September.
    2. , Aisdl, 2020. "Employing Value Chain Theory To Address COVID-19 Outbreak In Tourism Management: A Resilience and Stakeholder View," OSF Preprints tmzvf, Center for Open Science.
    3. Montes, Gabriel Caldas & da Cunha Lima, Luiza Leitão, 2018. "Effects of fiscal transparency on inflation and inflation expectations: Empirical evidence from developed and developing countries," The Quarterly Review of Economics and Finance, Elsevier, vol. 70(C), pages 26-37.
    4. Katarzyna Czech & Michał Wielechowski & Pavel Kotyza & Irena Benešová & Adriana Laputková, 2020. "Shaking Stability: COVID-19 Impact on the Visegrad Group Countries’ Financial Markets," Sustainability, MDPI, vol. 12(15), pages 1-19, August.
    5. Batarce, Marco & Basso, Franco & Basso, Leonardo J., 2023. "The elasticity of demand on urban highways: The case of Santiago," Transport Policy, Elsevier, vol. 133(C), pages 234-241.
    6. Isabel Casas & Jiti Gao & Bin Peng & Shangyu Xie, 2021. "Time‐varying income elasticities of healthcare expenditure for the OECD and Eurozone," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 36(3), pages 328-345, April.
    7. Luca Fiorillo & Gabriele Cervino & Marco Matarese & Cesare D’Amico & Giovanni Surace & Valeria Paduano & Maria Teresa Fiorillo & Antonio Moschella & Alessia La Bruna & Giovanni Luca Romano & Riccardo , 2020. "COVID-19 Surface Persistence: A Recent Data Summary and Its Importance for Medical and Dental Settings," IJERPH, MDPI, vol. 17(9), pages 1-10, April.
    8. Tomasz Czekaj & Arne Henningsen, 2013. "Panel Data Specifications in Nonparametric Kernel Regression: An Application to Production Functions," IFRO Working Paper 2013/5, University of Copenhagen, Department of Food and Resource Economics.
    9. Lucian Liviu ALBU & Ciprian Ion PREDA & Radu LUPU, 2020. "Estimates on the dynamics of the COVID-19 pandemic and its impact on the economy," Working Papers of Institute for Economic Forecasting 200518, Institute for Economic Forecasting.
    10. Shakeel Ahmed & Farah Naz & Safeer Haider, 2022. "The Macroeconomic and Microeconomic Challenges of the COVID-19 Pandemic: A Case Study of Pakistan," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 8(1), pages 13-17, March.
    11. Wei Liu & Xiao-Guang Yue & Paul B. Tchounwou, 2020. "Response to the COVID-19 Epidemic: The Chinese Experience and Implications for Other Countries," IJERPH, MDPI, vol. 17(7), pages 1-6, March.
    12. Montes, Gabriel Caldas & Ferreira, Caio Ferrari, 2020. "Does monetary policy credibility mitigate the fear of floating?," Economic Modelling, Elsevier, vol. 84(C), pages 76-87.
    13. Marta Dziechciarz–Duda, 2023. "Income Expectations in Sustainability of Subjective Perception of Households’ Wellbeing," Sustainability, MDPI, vol. 15(5), pages 1-15, February.
    14. Isabel Casas & Jiti Gao & Shangyu Xie, 2018. "Modelling Time-Varying Income Elasticities of Health Care Expenditure for the OECD," CREATES Research Papers 2018-29, Department of Economics and Business Economics, Aarhus University.
    15. Millo, Giovanni, 2014. "Robust standard error estimators for panel models: a unifying approach," MPRA Paper 54954, University Library of Munich, Germany.
    16. Perles-Ribes, José Francisco & Ramón-Rodríguez, Ana Belén & Sevilla-Jiménez, Martín & Moreno-Izquierdo, Luis, 2016. "Unemployment effects of economic crises on hotel and residential tourism destinations: The case of Spain," Tourism Management, Elsevier, vol. 54(C), pages 356-368.
    17. Lucian Liviu ALBU & Ciprian Ion PREDA & Radu LUPU & Carmen Elena DOBROTĂ & George Marian CĂLIN & Claudia M. BOGHICEVICI, 2020. "Estimates of Dynamics of the Covid19 Pandemic and of its Impact on the Economy," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(2), pages 5-17, July.
    18. Montes, Gabriel Caldas & Bastos, Júlio Cesar Albuquerque & de Oliveira, Ana Jordânia, 2019. "Fiscal transparency, government effectiveness and government spending efficiency: Some international evidence based on panel data approach," Economic Modelling, Elsevier, vol. 79(C), pages 211-225.
    19. Irena Jindřichovská & Erginbay Uğurlu, 2021. "E.U. and China Trends in Trade in Challenging Times," JRFM, MDPI, vol. 14(2), pages 1-19, February.
    20. Michael McAleer, 2020. "Ten Most Highly Cited Papers in Journal of Risk and Financial Management (JRFM), 2018–2020," JRFM, MDPI, vol. 13(12), pages 1-5, November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:12:y:2020:i:11:p:4697-:d:369057. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.