Did 9/11 change the New York state of mind? Lessons from NYC's leisure and hospitality labour market

• Rebecca LeFebvre ^[1] ; Marcus Marktanner ^[1]
  1. [1] Kennesaw State University

     Kennesaw State University

     Estados Unidos

     
• Localización: Tourism economics: the business and finance of tourism and recreation, ISSN 1354-8166, Vol. 20, Nº. 4, 2014, págs. 831-848
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The authors show that the terrorist attacks of September 11, 2001 caused a permanent structural break in NYC's leisure and hospitality labour market. This structural break is visible from both an interrupted time-series perspective and a comparison with NYC's overall economic development. Assuming that the labour market dynamics of the leisure and hospitality industry mirror a city's feel in the hedonism�asceticism spectrum, the authors conclude that the 9/11 terrorist attacks have permanently shifted 'New York's state of mind' from hedonism towards asceticism. These results suggest that greater attention must be given to the formulation of effective industry marketing strategies in response to the legacy of urban terrorism.