D 2015

Development of Consumption in Czech Tourism In The Time of Changing the Monetary Policy

KOSTKOVÁ, Miroslava, Pavlína PELLEŠOVÁ and Milena BOTLÍKOVÁ

Basic information

Original name

Development of Consumption in Czech Tourism In The Time of Changing the Monetary Policy

Authors

KOSTKOVÁ, Miroslava (203 Czech Republic, guarantor, belonging to the institution), Pavlína PELLEŠOVÁ (203 Czech Republic, belonging to the institution) and Milena BOTLÍKOVÁ (203 Czech Republic, belonging to the institution)

Edition

Madrid, Spain, 26th International-Business-Information-Management-Association Conference, p. 480 - 488, 9 pp. 2015

Publisher

INT BUSINESS INFORMATION MANAGEMENT ASSOC-IBIMA, 34 E GERMANTOWN PIKE, NO. 327, NORRISTOWN, PA 19401 USA

Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50204 Business and management

Country of publisher

Spain

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

electronic version available online

RIV identification code

RIV/47813059:19520/15:A0000110

Organization unit

School of Business Administration in Karvina

ISBN

978-0-9860419-5-2

UT WoS

000366872700050

Keywords in English

Consumption; Czech tourism; change; currency intervention; monetary policy
Změněno: 4/3/2020 10:19, Ing. Miroslava Kostková, Ph.D.

Abstract

V originále

The article deals with the changes in consumption of Czech tourism after a currency intervention by the Czech National Bank in the autumn 2013. It explores selected aspects of macroeconomic (balance of payments, national accounts data), microeconomic and non-financial performance indicators, focusing on catching the changes of consumer behaviour in tourism. It explores the impacts of currency intervention on the incomes and spending of tourism, the number of the trips and stays, the attitude of different groups of tourists and deals with the change of substitution of the tourist product. The initial negative reaction to CBN's monetary intervention during one year was changed, the Czech tourism market quickly coped with that and adapted to the incurred situation.