Risk management of climate impact for tourism operators: An empirical analysis on ski resorts

Publication date: April 2020Source: Tourism Management, Volume 77Author(s): Laura Ballotta, Gianluca Fusai, Ioannis Kyriakou, Nikos C. Papapostolou, Panos K. PouliasisAbstractThe aim of this paper is to analyze the performance of hedging strategies based on snow and temperature options developed by ski operators to protect their profitability under adverse changes in climatic conditions. The setup is…

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Independent Hotels Are Disappearing as Chains Grow

This should be the heyday of independent hotels, which by their very nature offer the distinctive experiences sought by many travelers. Instead, they are up against huge hotel companies with deep pockets as well as competitors on Airbnb. The result? More independent hotels are either joining the big chains or shutting their doors. Thirty years…

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Government must change immigration policy to protect tourism workers

Cumbria Chamber of Commerce is asking the Government to change its proposed new immigration system to protect the county’s tourism and food businesses. It says that some firms could be forced out of business if ministers push ahead with plans for a points-based immigration system with salary floor after Brexit. Migrant workers would be able to come…

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