COVID-19 Tourism Recovery in the ASEAN and East Asia Region: Asymmetric Patterns and Implications
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ERIA (Economic Research Institute for ASEAN and East Asia)
This paper from ERIA looks at the tourism flows and revenue for Southeast Asian and East Asian countries when the COVID-19 pandemic ends.
The coronavirus disease (COVID-19) pandemic has been particularly hard on the tourism sector of developing countries in Asia.
This paper from the Economic Research Institute for ASEAN and East Asia (ERIA) forecasts tourism flows and revenues for Southeast Asian and East Asian countries when the COVID-19 pandemic ends. It gives an outlook for the recovery patterns for the first 12 months after the end of the crisis, with worst- and best-case scenarios.
The paper shows that recovery is asymmetric across Southeast Asia and East Asia and that recovery in tourism revenue is generally slower than in tourist arrivals.
The results can be used by policymakers as they determine recovery plans, where tourism will undoubtedly play an important role.
Contents
Introduction
Literature Review
Methodology
Empirical Results
Policy Implications and Suggestions
Published June 2021
