Volatility effects of cryptocurrencies on foreign tourism in India

Kanoujiya, Jagjeevan; Pal, Sumanta K.; Rastogi, Shailesh

doi:10.1080/10941665.2023.2228936

Cited by 2 publications

(1 citation statement)

References 51 publications

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“…Çapar (2021) highlights the link between the increasing use of cryptocurrencies in tourism and hospitality and an increase in monetary risk. Kanoujiya and Rastogi (2023) reserch the link between crpytocurrencies and the tourism industry and the impact of cryptocurrency volatility on tourism. Barreto et al (2019) propose the use of cryptocurrencies and blockchain technology as a tool to reduce poverty in Latin America and the Caribbean through economic activities in tourism.…”

Section: Literature Reviewmentioning

confidence: 99%

Application of cryptocurrency as a method of payment in tourism

Mujačević

2023

Tour. hosp. manag.

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Purpose - The paper summarizes the theoretical and empirical knowledge on the use and transactions of cryptocurrencies in tourism and examines the use of cryptocurrencies as a means of payment in Croatian tourism. Methodology/Design/Approach – The empirical research examines the attitudes and opinions of tourists in Croatian tourism regarding their willingness to pay with cryptocurrencies while travelling. Findings - The research results show a low level of payment for tourism services with cryptocurrencies in the Republic of Croatia, but a fairly open acceptance of cryptocurrencies as a means of payment for tourism services. The study found no correlation between the profile of respondents and the motivation to pay with cryptocurrencies. However, a correlation was found between the age of the respondents and the intention to pay, but there were no statistically significant differences in the intention to pay according to the age group of the respondents. No correlation was also found between motivation and intention to pay with cryptocurrencies. Originality of the research – The study can serve as a basis for further research on the use of cryptocurrencies in tourism. It helps to expand knowledge about the motivation and intention to use cryptocurrencies on a tourism trip and to understand tourists’ behavior

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Section: Literature Reviewmentioning

confidence: 99%

Application of cryptocurrency as a method of payment in tourism

Mujačević

2023

Tour. hosp. manag.

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Navigating career success: How career commitment shapes self-efficacy and career resilience for subjective career success

2023

Tour. hosp. manag.

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Purpose– This study examines the subjective dimension of career success in the dynamic global tourism industry, specifically the relationship between Career Commitment (CC) and Subjective Career Success (SCS). It uses a serial mediation framework with self-efficacy (SE) and career resilience (CR) as mediators and focuses on tourism professionals. Research methodology – We developed a theoretical serial mediation model to investigate this relationship. We conducted regression analysis using SPSS version 25 and AMOS (the Process Macro model 6) to test our proposed hypotheses. A total of 357 employees from various tourism-related organizations participated in this research. Findings – Employees who invested in their careers reported higher satisfaction with SCS in their working lives. Independently and consecutively, SE and CR influenced the association between CC and SCS. Research implications and Originality – The implications of this research extend to individuals and tourism organizations. For individuals, it provides a deeper understanding of how CC, SE and CR interact to manage the complexities of the tourism industry and promote professional success. For organizations, it highlights the importance of promoting CC through effective career development initiatives that can lead to a competent and motivated workforce, which ultimately increases employee engagement and retention.

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Volatility effects of cryptocurrencies on foreign tourism in India

Cited by 2 publications

References 51 publications

Application of cryptocurrency as a method of payment in tourism

Application of cryptocurrency as a method of payment in tourism

Navigating career success: How career commitment shapes self-efficacy and career resilience for subjective career success

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