ETIKONOMI
Vol 21, No 1 (2022)

Policy Socialization and Business Strategy Direction of Eco-Tourism

Miguel Angel Esquivias (Faculty of Economics and Business, Study Of Economic Development, Airlangga University, Surabaya, Indonesia)
Lilik Sugiharti (Faculty of Economics and Business, Study Of Economic Development, Airlangga University, Surabaya, Indonesia)
Hilda Rohmawati (Faculty of Economics and Business, Study Of Economic Development, Airlangga University, Surabaya, Indonesia)
I Made Laut Mertha Jaya (Universitas Mahakarya Asia, Yogyakarta)



Article Info

Publish Date
19 Mar 2022

Abstract

This study aims to estimate the losses of tourism-related sectors and businesses to take recovery steps by disseminating policies and strategic directions. This study uses the Seasonal Autoregressive Integrated Moving Average (SARIMA) to calculate losses. This study indicates that the average percentage of losses in the tourism sector from January to August 2020 is 68% (9,508 million USD) to 69% (10,328 million USD). Several sectors experienced losses, especially accommodation (2978 to 3235 million USD); food and beverages (1750 to 1900 million USD); and shopping (1530 to 1662 million USD). Business actors need to know the socialization of government policies such as fiscal stimulus, CHSE (Cleanliness Health Safety Sustainability) certification, and market reactivation. The direction of the right strategy is also carried out, such as product innovation, improvement of health protocols, digitization, and certification. How to Cite:Esquivias, M. A., Sugiharti, L., Rohmawati, H., & Jaya, I.M.L.M. (2022). Policy Socialization And Business Strategy Direction Of Eco-Tourism. Etikonomi, 21(1), 193-212. https://doi.org/10.15408/etk.v21i1.23068.

Copyrights © 2022






Journal Info

Abbrev

etikonomi

Publisher

Subject

Economics, Econometrics & Finance

Description

Etikonomi is a peer-reviewed journal on Economics, Business and Management by Faculty of Economic and Business State Islamic University (UIN) Syarif Hidayatullah Jakarta. FOCUS This journal focused on economics, business, and management studies and present developments through the publication of ...