Hotel Industry's Reactions to the Crimea Crisis
Journal: SSRN Electronic Journal
Year: 2017

Crimea was integrated into the Russian Federation in 2014. The annexation of Crimea was not simply a political event but also an economic event, as there were severe economic implications from the political situation. The political situation resulted in major changes for most businesses operating in Crimea, Ukraine, and Russia. To learn about how the tourism businesses reacted to the political shocks of the crisis, a survey of managers in the hotel and tourism industries was carried out in Crime