Responses to COVID-19: The role of performance in the relationship between small hospitality enterprises’ resilience and sustainable tourism development

Sobaih, Abu Elnasr E.; Elshaer, Ibrahim A.; Hasanein, Ahmed; Abdelaziz, Ahmed S.

doi:10.1016/j.ijhm.2020.102824

Cited by 239 publications

(218 citation statements)

References 49 publications

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“…During this crisis, SMEs faced difficulties in performing their operational activities and severe financial risks (Omar et al, 2020). Previous studies revealed that SME managers have responded in different ways to the difficulties created by the outbreak of the pandemic (Gerald et al, 2020;Guo et al, 2020;Indriastuti & Fuad, 2020;Sobaih et al, 2021). Additionally, the literature illustrated the importance of external support for performance of SMEs after they have been exposed to the repercussions of the COVID-19 pandemic (e.g., Ahmad et al, 2020;Song et al, 2020).…”

Section: Discussion Of Resultsmentioning

confidence: 99%

“…Previous studies on SMEs' practices in response to the COVID-19 pandemic and business performance have examined the impact of each practice on business performance separately (Gerald et al, 2020;Guo et al, 2020;Indriastuti & Fuad, 2020;Sobaih et al, 2021). For example, Guo et al (2020) found that the use of digital technology helps SMEs to survive and cope with the consequences of the pandemic.…”

Section: Introductionmentioning

confidence: 99%

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Innovation practices for survival of small and medium enterprises (SMEs) in the COVID-19 times: the role of external support

2021

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Global epidemic crises, such as the coronavirus (COVID-19), usually expose small and medium enterprises (SMEs) to various kinds of challenges and may put their lives at risk. This study aims to develop a theoretical model to provide insights about the association between innovation practices and the SMEs’ performance and survival while underlining the auxiliary role of external support in such a relationship. Online questionnaire has been used to collect the data from 259 randomly selected SME managers in Saudi Arabia, and the data was analyzed using the SmartPLS3 software. The structural equation modeling results showed that the innovation practices adopted by SMEs to face the repercussions of COVID-19 had a positive impact on the performance and likelihood of business survival. PLS-SEM bootstrap results indicated that external support aids strengthen the positive impact of SMEs’ innovation practices on business survival rather than its performance. The study has several significant practical implications for SME managers, governments, and policy makers that have been stated.

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Section: Discussion Of Resultsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Innovation practices for survival of small and medium enterprises (SMEs) in the COVID-19 times: the role of external support

2021

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“…As can be seen from this definition, as well as from those previously included in different documents and declarations [9], the interdependence between economic growth and environmental conservation and the need for an equitable distribution of its benefits are the most relevant principles underpinning sustainable tourism development [43,44]. Likewise, and as can also be seen from the UNWTO definition, the new approach to tourism activity requires alternatives that respond to the change of scenario that has been observed in recent years and which demands a new tourism model based, at least exclusively, on the traditional parameters of quantitative growth of tourism demand, but also emphasizing the role of the natural environment and social variables in the development of any activity [45].…”

Section: Tourism and Responsible Entrepreneurshipmentioning

confidence: 99%

The Role of B Companies in Tourism towards Recovery from the Crisis COVID-19 Inculcating Social Values and Responsible Entrepreneurship in Latin America

et al. 2021

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One of the particularities of companies with a social purpose is that, through their business model of B companies, they have incorporated into their processes the necessary mechanisms to obtain, simultaneously, the profits to ensure the existence of the organization in the market. At the same time, social value is generated, which is necessary to address the problems of the social crisis caused by COVID-19 and the environmental problems affecting the community. The current global health and economic crisis has opened up the possibility of adopting business model B and focusing more on the individual. Based on the grounded theory method, we have examined 3500 B Corporations in Latin America, of which 57 were examined in 10 countries listed in the Directory of B Corporations for Latin America. The main conclusions are that B Corporations dedicated to tourism through responsible entrepreneurship develop a more inclusive, sustainable and environmentally friendly economy for the benefit of society, go beyond the notion of CSR and move away from traditional business, as B Corporations combine social development and economic growth.

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“…In addition, most of the respondents were dissatisfied with governmental support (Table 2). In a word, research has shown that these enterprises have been heavily affected by the pandemic and face a difficulty to adjust to COVID-19 without external support [6].…”

Section: Firms In Tourismmentioning

confidence: 99%

Review of the influences of COVID-19 pandemic on tourism

Lin

2021

E3S Web Conf.

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COVID-19 has become a major global pandemic since Jan 2020, which has made a deep impact on tourism industry. There is ongoing research about how the tourism industry is impacted by this global crisis. Researchers have explored the ways to transform e-tourism during pandemic, a special opportunity for e-tourism. In addition, researchers had investigated how the disruption of tourism affects other industry, such as retail payments and wildlife conservation. They found that these two industries incurred loss due to the disruption of tourism to some extent and also gave some suggestions on recovery strategies. What’s more, researchers have investigated the condition of firms related to tourism and inferred that firms are hard to survive if crises lasted for more than four months without external support. At last, researchers have tried to find solutions for tourism industry to recover from the disruption. In comparison with the promotion of domestic travel, bridging travel and travel tech is more effective and highly recommended by researchers. It is meaningful and significant because tourism industry is one of the fastest growing industries which is expected to be the key contributor of regaining socio-economic stability after the pandemic.

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Responses to COVID-19: The role of performance in the relationship between small hospitality enterprises’ resilience and sustainable tourism development

Cited by 239 publications

References 49 publications

Innovation practices for survival of small and medium enterprises (SMEs) in the COVID-19 times: the role of external support

Innovation practices for survival of small and medium enterprises (SMEs) in the COVID-19 times: the role of external support

The Role of B Companies in Tourism towards Recovery from the Crisis COVID-19 Inculcating Social Values and Responsible Entrepreneurship in Latin America

Review of the influences of COVID-19 pandemic on tourism

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