Tourism and hospitality firms’ response to COVID-19: the role of entrepreneurial orientation and managers’ market recovery perception

Maria de Lurdes Calisto, Teresa Costa and Jorge Umbelino

Cogent Business & Management, 2024, vol. 11, issue 1, 2311112

Abstract: Literature is prolific on how several crises have affected tourism and hospitality. However, those studies are primarily concerned with the impacts at the destination level and less with tourism businesses’ resilience and recovery. However, recently, some studies have addressed tourism resilience in a broader range, primarily because of how tourism and hospitality has been affected by COVID-19. The pandemic had completely different characteristics from other disasters that affected tourism businesses previously—namely, its global range and long duration. When studying business recovery, it is relevant to investigate how managerial models and perceptions affected how T&H firms responded to the consequences of the pandemic. The purpose is to study how T&H firms’ entrepreneurial orientation and managers’ perception of the external environment, namely market recovery, relate to the actions taken during the pandemic. We conducted a cluster analysis to test our propositions considering two clustering variables: EO (Entrepreneurial Orientation) and MRP (Market Recovery Perception). Results suggest three types of T&H firms exist and that these opted for different recovery actions during the COVID-19 pandemic. Finally, our work presents a set of important theoretical and practical implications that can be useful to several stakeholders, namely academics and professionals.

Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/23311975.2024.2311112 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:oabmxx:v:11:y:2024:i:1:p:2311112

Ordering information: This journal article can be ordered from
http://cogentoa.tandfonline.com/journal/OABM20

DOI: 10.1080/23311975.2024.2311112

Access Statistics for this article

Cogent Business & Management is currently edited by Len Tiu Wright and Tahir Nisar

More articles in Cogent Business & Management from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().