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The Tourism Industry in Italy during the Great Recession (2008-12): What Data Show and Suggest

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  • Cellini, Roberto
  • Cuccia, Tiziana

Abstract

– The purpose of this article is to describe the evolution of the tourism industry in Italy during the recent years of the so-called ‘Great recession’ (2008-12). We highlight the most prominent features of the changes occurred in both the supply and the demand side, over these years. We describe the differences across different categories of accommodation structures, different kinds of destinations and different regions. The issue of “resilience” is used to explain the different degrees of success in responding to the national adverse shock hitting the industry. However, our interpretation is that deep structural changes in the demand and supply sides of the tourism industry, rather than specific resilient adjustments, have occurred in these years of recession.

Suggested Citation

  • Cellini, Roberto & Cuccia, Tiziana, 2014. "The Tourism Industry in Italy during the Great Recession (2008-12): What Data Show and Suggest," MPRA Paper 62473, University Library of Munich, Germany, revised Feb 2015.
    • Handle: RePEc:pra:mprapa:62473
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    Cited by:

    1. Martínez, José Manuel Guaita & Martín, José María Martín & Rey, María del Sol Ostos, 2020. "An analysis of the changes in the seasonal patterns of tourist behavior during a process of economic recovery," Technological Forecasting and Social Change, Elsevier, vol. 161(C).

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    More about this item

    Keywords

    Tourism; Structural changes; Regions; Resilience; Great Recession;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • R39 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Other

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