@article{494501c8f8474cf38341149973462c95,
title = "Destination Events, Stability, and Turning Points of Development",
abstract = "This study investigates the effects generated by tourism events and investments to improve destination development (dynamics) and stability (topology). The horizontal visibility graph framework (a technique able to transform a time series into a network) was used. Two hypotheses were tested: the first was the ability of these events and investments to generate a turning point, and the second was their ability to increase the system{\textquoteright}s stability. The findings are based on a longitudinal analysis of three different destinations in terms of size, type of destination events and investments, and the prevalent market segment. For each case, a daily longitudinal time series was considered, and the empirical evidence confirmed both hypotheses. In the concluding remarks, the theoretical and empirical implications are reported, and some future research avenues are discussed.",
keywords = "destination events, horizontal visibility graph, multiple case study, network topology, system dynamics, turning point",
author = "Ruggero Sainaghi and Rodolfo Baggio",
note = "Funding Information: https://orcid.org/0000-0003-4306-9625 Sainaghi Ruggero 1 Baggio Rodolfo 2 3 1 Department of Business, Law, Economics, and Consumer Behaviour, Universit{\`a} IULM, Milan, Italy 2 Master in Economics and Tourism, Bocconi University, Milan, Italy 3 National Research Tomsk Polytechnic University, Tomsk, Russian Federation Ruggero Sainaghi, Department of Business, Law, Economics, and Consumer Behaviour, Universit{\`a} IULM, Via Carlo Bo, 1, Milan, I-20143, Italy. Email: ruggero.sainaghi@iulm.it 12 2019 0047287519890927 {\textcopyright} The Author(s) 2019 2019 SAGE Publications This study investigates the effects generated by tourism events and investments to improve destination development (dynamics) and stability (topology). The horizontal visibility graph framework (a technique able to transform a time series into a network) was used. Two hypotheses were tested: the first was the ability of these events and investments to generate a turning point, and the second was their ability to increase the system{\textquoteright}s stability. The findings are based on a longitudinal analysis of three different destinations in terms of size, type of destination events and investments, and the prevalent market segment. For each case, a daily longitudinal time series was considered, and the empirical evidence confirmed both hypotheses. In the concluding remarks, the theoretical and empirical implications are reported, and some future research avenues are discussed. multiple case study destination events network topology system dynamics horizontal visibility graph turning point Ministry of Education and Science of the Russian Federation https://doi.org/10.13039/501100003443 Competitiveness Enhancement Program of the Tomsk P edited-state corrected-proof typesetter ts1 Declaration of Conflicting Interests The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article. Funding The author(s) disclosed receipt of the following financial support for the research, authorship, and/or publication of this article: Rodolfo Baggio acknowledges the financial support of the Ministry of Education and Science of the Russian Federation in the framework of the Competitiveness Enhancement Program of the Tomsk Polytechnic University. ORCID iD Ruggero Sainaghi https://orcid.org/0000-0003-4306-9625 Publisher Copyright: {\textcopyright} The Author(s) 2019. Copyright: Copyright 2020 Elsevier B.V., All rights reserved.",
year = "2021",
month = jan,
doi = "10.1177/0047287519890927",
language = "English",
volume = "60",
pages = "172--183",
journal = "Journal of Travel Research",
issn = "0047-2875",
publisher = "SAGE Publications Ltd",
number = "1",
}