International Journal of Hospitality & Tourism Management

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Recovery After the Covid-19 Pandemic: The Case of Peruvian Tourism

Received: 16 April 2021    Accepted: 5 May 2021    Published: 27 May 2021
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Abstract

The situation Peru is facing with the global COVID-19 pandemic and the economic recession during this 2020 constitutes the worst crisis over the last 100 years. This economic recession has not happened since the crisis of 1980. GPD may decline by 15% this year. Also, the perspective on global economy is terrible and a sharp contraction of global GDP is expected. On the other hand, the period between 2020 and 2021 will be considered as years of economic development lost. Specifically, receptive tourism in Peru is in danger of extinction because of the pandemic. Activity in the tourism market, which gives employment to 1.4 million people who are mainly women, is in total collapse. This article aims to make a proposal to help tourism sales recover their position as the most important section of service exports in Peru. The proposal is intended to encourage a non-traditional form of tourism in the tropical coast of the north of the country that should complement the traditional archeological tourism. The conclusions make emphasis on the fact that, at present, Peru is not exploiting its historical richness or using its comparative advantage in tourism, which could become a leading sector of domestic economy. Finally, our thesis is based on the notion that, from 2021 onwards, the recovery of the Peruvian economy must necessarily be based on exploiting the recovery of external demand rather than putting our trust in domestic demand growth.

DOI 10.11648/j.ijhtm.20210501.14
Published in International Journal of Hospitality & Tourism Management (Volume 5, Issue 1, June 2021)
Page(s) 21-26
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

International Trade, Tourism, Peruvian Economy

References
[1] Arroyo J. (2015) “Motor sin aprovechar” (“Non-exploited Engine”), El Comercio, 26 November, 2015.
[2] Banco Central de Reserva del Perú (2020) Nota Semanal. Recuperado de www.bcrp.org.pe el 20-06-2020.
[3] Boloña, C. (1993). Cambio de Rumbo. Quinta edición. [ de Economía de Libre Mercado. Lima: SIL.
[4] Canatur (2019). Turismo generó divisas al Perú por US$ 4,895 millones en 2018, Portalturismo / 3 abril 2019. https://portaldeturismo.pe/seccion/estadisticas.
[5] Canatur (2020) Aviso: Nuestro Turismo Agoniza. Diario El Comercio, 15-06-2020, página 5.
[6] Economist Intelligence Unit (2020). Special Report: Sovereign debt crises are coming. http://pages.eiu.com/SubsMagmt.html
[7] El Comercio (2020) El Golpe Económico del COVID-19. Edición del 25-06-2020, página 11.
[8] IDB-INTAL (2020) How Covid-19 is impacting Foreign Trade in LAC. Newsletter#5, www.iadb.org
[9] IPE (2020) Economía peruana caería a dos dígitos este 2020 por COVID-19. Diario El Comercio, 30-05-2020.
[10] Mankiw N. (2014). Principles of Economics. Mexico DF: Cengage Learning, South-Western.
[11] The Economist (2020) Covid-19 to send almost all G20 countries into recession. EIU, 27-03-2020.
[12] Tietenberg T. (1992) Environmental and Natural Resource Economics. New York: Harper Collins Publishers.
[13] Torres Zorrilla J. (2015) “Un shock de exportaciones para la economía peruana”, El Comercio, 4 Noviembre, 2015.
[14] Torres-Zorrilla J. (2016). Shock de Exportaciones y mayor Impulso al Turismo. Revista Strategia, Edición Internacional, Año 10, Nº 41, Centrum Publishing.
[15] Torres-Zorrilla J., (2019). Production and Sector Multipliers in Peru: A comparison with Other Latin American countries. IBIMA 34th Conference Proceedings. Madrid, Spain
[16] WTTC (2020) Latin America Scenarios 2020 & Economic Impact from Covid-19. www.wttc.org, recuperado el 22-06-2020.
[17] Wikipedia (2020). Zonas Económicas Especiales: China. Recuperado el 22-06-2020 de: https://es.m.wikipedia.org/wiki/Zonas_economicas_especiales_de_China.
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  • APA Style

    Jorge Torres Zorrilla. (2021). Recovery After the Covid-19 Pandemic: The Case of Peruvian Tourism. International Journal of Hospitality & Tourism Management, 5(1), 21-26. https://doi.org/10.11648/j.ijhtm.20210501.14

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    ACS Style

    Jorge Torres Zorrilla. Recovery After the Covid-19 Pandemic: The Case of Peruvian Tourism. Int. J. Hosp. Tour. Manag. 2021, 5(1), 21-26. doi: 10.11648/j.ijhtm.20210501.14

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    AMA Style

    Jorge Torres Zorrilla. Recovery After the Covid-19 Pandemic: The Case of Peruvian Tourism. Int J Hosp Tour Manag. 2021;5(1):21-26. doi: 10.11648/j.ijhtm.20210501.14

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  • @article{10.11648/j.ijhtm.20210501.14,
      author = {Jorge Torres Zorrilla},
      title = {Recovery After the Covid-19 Pandemic: The Case of Peruvian Tourism},
      journal = {International Journal of Hospitality & Tourism Management},
      volume = {5},
      number = {1},
      pages = {21-26},
      doi = {10.11648/j.ijhtm.20210501.14},
      url = {https://doi.org/10.11648/j.ijhtm.20210501.14},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijhtm.20210501.14},
      abstract = {The situation Peru is facing with the global COVID-19 pandemic and the economic recession during this 2020 constitutes the worst crisis over the last 100 years. This economic recession has not happened since the crisis of 1980. GPD may decline by 15% this year. Also, the perspective on global economy is terrible and a sharp contraction of global GDP is expected. On the other hand, the period between 2020 and 2021 will be considered as years of economic development lost. Specifically, receptive tourism in Peru is in danger of extinction because of the pandemic. Activity in the tourism market, which gives employment to 1.4 million people who are mainly women, is in total collapse. This article aims to make a proposal to help tourism sales recover their position as the most important section of service exports in Peru. The proposal is intended to encourage a non-traditional form of tourism in the tropical coast of the north of the country that should complement the traditional archeological tourism. The conclusions make emphasis on the fact that, at present, Peru is not exploiting its historical richness or using its comparative advantage in tourism, which could become a leading sector of domestic economy. Finally, our thesis is based on the notion that, from 2021 onwards, the recovery of the Peruvian economy must necessarily be based on exploiting the recovery of external demand rather than putting our trust in domestic demand growth.},
     year = {2021}
    }
    

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    AB  - The situation Peru is facing with the global COVID-19 pandemic and the economic recession during this 2020 constitutes the worst crisis over the last 100 years. This economic recession has not happened since the crisis of 1980. GPD may decline by 15% this year. Also, the perspective on global economy is terrible and a sharp contraction of global GDP is expected. On the other hand, the period between 2020 and 2021 will be considered as years of economic development lost. Specifically, receptive tourism in Peru is in danger of extinction because of the pandemic. Activity in the tourism market, which gives employment to 1.4 million people who are mainly women, is in total collapse. This article aims to make a proposal to help tourism sales recover their position as the most important section of service exports in Peru. The proposal is intended to encourage a non-traditional form of tourism in the tropical coast of the north of the country that should complement the traditional archeological tourism. The conclusions make emphasis on the fact that, at present, Peru is not exploiting its historical richness or using its comparative advantage in tourism, which could become a leading sector of domestic economy. Finally, our thesis is based on the notion that, from 2021 onwards, the recovery of the Peruvian economy must necessarily be based on exploiting the recovery of external demand rather than putting our trust in domestic demand growth.
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Author Information
  • Department of Economics, Faculty of Economics, Business and Finance, Universidad San Ignacio Loyola, Lima, Peru

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