Open AccessCRISIS AND RECOVERY OF BUSINESS ENTITIES IN TOURISM IN THE POST PANDEMIC PERIOD IN SLOVAKIA
Author(s) -
Peter Gallo,
Daniela Matušíková,
Anna Šenková,
Kristína Šambronská,
Tomáš Molčák
Publication year - 2021
Publication title -
geo journal of tourism and geosites
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.377
H-Index - 12
eISSN - 2065-1198
pISSN - 2065-0817
DOI - 10.30892/gtg.38407-741
Subject(s) - christian ministry , tourism , period (music) , slovak , pandemic , covid-19 , business development , business , state (computer science) , marketing , economy , economics , czech , political science , computer science , medicine , linguistics , philosophy , physics , disease , pathology , algorithm , acoustics , infectious disease (medical specialty) , law
The aim of the paper is to examine the issue of market recovery and business entities in the pandemic and post-pandemic period. Overall it points out the possibilities of the solution on the basis of interviews and utilizing the models of simulation of the results of companies that have been affected by the crisis. The paper used statistical data obtained by research in the analysed period March - April 2020 and in the examined years 2019 to 2023, including prognostic data from the sources of the Ministry of Finance of the Slovak Republic. Based on the results of selected companies with and without pandemic measures were simulated. Resulting from the research findings, proposed model presents the state of the company affected by the crisis and ways of solving how to get out of this crisis and design further development in the post-pandemic period. The paper pointed out the need to increase expertise in decision-making on the development of the economy of business entities and subsequently the development of the industry with targeted support from the state based on research base in combination with future modelling methods.