Abstract

This study examines the factors affecting the recovery of micro and small tourism businesses in the context of the Australian bushfires and the COVID-19 pandemic. An ordered probit model is employed to analyse survey data from 223 tourism businesses in Victoria, Australia. The results reveal that planned resilience, risk management and connectedness have a positive impact, whereas business age and size and compound disasters have a negative impact on the recovery speed of micro and small businesses. Findings from the study contribute to the empirical literature on micro and small tourism business recovery in the events of compound disasters and provide implications to assist businesses in building resilience to future shocks.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.