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What is Tourism and Hospitality Market Crisis

Socio-Economic Effects and Recovery Efforts for the Rental Industry: Post-COVID-19 Strategies
Events that threaten the usual activities of tourism and hospitality-related companies, create a negative opinion by creating the impression that the tourism region is not safe, and cause tourism businesses to disrupt their activities or shut down due to the decrease in tourism and hospitality demand and expenditure.
Published in Chapter:
Financial Leasing and Operational Leasing: An Early Assessment of the Impact of COVID-19 Pandemic
Mikail Kar (Bursa Uludag University, Turkey)
DOI: 10.4018/978-1-7998-7287-0.ch002
Abstract
Leasing emerges as an important practice that meets the needs of companies that do not want to spend their equity on investment goods or whose equity is not sufficient to acquire investment goods. At this point, investors prefer financial leasing and operational leasing methods to provide economic benefits and profits from the use of goods, not ownership. This study discusses the financial leasing and operational leasing practices that are frequently used for financing and assesses the use of these methods in the tourism and hospitality markets and the effects of the COVID-19 pandemic. In addition, the study also makes recommendations by making predictions about changes and innovations that may occur after the pandemic crisis.
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