81592771_Impact of recession on tourism

81592771_Impact of recession on tourism - The effect of the...

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The effect of the recession on the travel industry 1 Dissertation Proposal: The effect of the recession on the travel industry Name Tourism Word count: 3082 Submission date
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The effect of the recession on the travel industry 2 Contents 1. Introduction ................................................................................................................................ 2 2. Research Background ................................................................................................................ 2 3. Aim and Objectives .................................................................................................................... 3 4. Literature Review ...................................................................................................................... 4 4.1 Economic theories and recession ........................................................................................... 4 4.2 Effect of previous recessions on tourism ................................................................................ 5 4.3 Strategies to cope with the recession ..................................................................................... 6 5. Methodological Framework ...................................................................................................... 7 5.1 Research Philosophy .............................................................................................................. 7 5.2 Approach ................................................................................................................................ 7 5.3 Strategy .................................................................................................................................. 7 5.4 Time Horizon ......................................................................................................................... 8 5.5 Data Collection Tools ............................................................................................................ 8 5.6 Sampling and Data Analysis .................................................................................................. 9 6. Planning and Critical Analysis ............................................................................................... 10 6.1 Timetable .............................................................................................................................. 10 6.2 Ethical considerations ......................................................................................................... 10 6.3 Challenges ........................................................................................................................... 11 6.4 Limitations ........................................................................................................................... 11
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The effect of the recession on the travel industry 3 Reference list ................................................................................................................................. 12
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The effect of the recession on the travel industry 4 1. Introduction The purpose of the dissertation proposal is to understand the effect of the 2008 global recession in the travel industry. The recession was a major issue that negatively affected the tourism sector, and discouraged the movement of people[Fur14]. The proposal will first begin by providing a background of the research. It will also detail the aims and objectives of the study. The study is of importance, and would require further analysis to provide vital information. A literature review will also be conducted to detail the perspectives of various scholars on the issue. The proposal will also detail the methodology used, and it will finally describe the planning and critical analysis that would ensure the success of the research. 2. Research Background Global travel has been receiving increasing attention, as it is a primary source of revenue for many countries. Furthermore, it enhances the image of many locations that tourists visit. Since December 2007, the world witnessed one of the worst economic periods since the Great Depression of the 1930s[Ste14]. The travel industry is significantly affected by the global recession. During the recession, many tourists will avoid travelling or spending money. It arises from the urge to use the money for other needs such as food and clothing, making traveling a difficult alternative. Many companies in the travel industry, especially hotel and tourism stakeholders, began to look at ways of dealing with the recession. In this regard, it is imperative to carry out a study on the research topic. It is essential to examine the impact of the recession on traveling, and this would prove beneficial in coming up with ways to prevent the devastating effects of the recession[AZa12]. The recession leads to many economic problems that are unavoidable. The topic seeks to achieve the objectives outlined below. 3. Aim and Objectives
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The effect of the recession on the travel industry 5 The global recession significantly affected the travel industry. This research is limited in scope, and it will consider the effects of the recession on the tourism industry. Furthermore, it
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