The Impact of COVID-19 Vaccine Passport on Air Travelers' Booking Decision and Companies' Financial Valueopen access
- Authors
- Shin, Hakseung; Kang, Juhyun; Sharma, Abhinav; Nicolau, Juan Luis
- Issue Date
- Jun-2023
- Publisher
- SAGE PUBLICATIONS INC
- Keywords
- airline industry; COVID-19; immunity certificate; perceived health risk; risk reduction strategy; vaccine passport
- Citation
- JOURNAL OF HOSPITALITY & TOURISM RESEARCH, v.47, no.5, pp.927 - 936
- Indexed
- SSCI
SCOPUS
- Journal Title
- JOURNAL OF HOSPITALITY & TOURISM RESEARCH
- Volume
- 47
- Number
- 5
- Start Page
- 927
- End Page
- 936
- URI
- https://scholarworks.bwise.kr/hanyang/handle/2021.sw.hanyang/189217
- DOI
- 10.1177/10963480211058475
- ISSN
- 1096-3480
- Abstract
- The ongoing debate about vaccine passport policies for dealing with COVID-19 has necessitated analyzing its effectiveness in the airline and tourism industry. This study was purposed to analyze how vaccine passports are evaluated by multiple stakeholders, such as airline investors and passengers for leisure/vacation purposes. The findings of the first study show that the implementation of vaccine passports is positively evaluated by airline investors. The results of the second study highlight the role of vaccine passports in reducing perceived health risks, which is integral to leisure travelers' decision making. This study offers a theoretical lens to understand the value of vaccine passports and provides guidance for airline companies and tourism marketers in deciding whether to implement a vaccine passport policy.
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