Volume 7, Issue 5, May – 2022 International Journal of Innovative Science and Research Technology

ISSN No:-2456-2165

Economic Impact of Covid-19 Restrictions on Resort

Industry in Indang, Cavite
Malabanan, Mearah Andrea D., Tacorda, Bless D., Valdez, Andrea Eunice V., Dr. Ernesto C. Mandigma Jr.
DBB-B, 4115 West Ave, Dasmariñas, Cavite, Philippines

Abstract:- The research relates to resort businesses in questions, the researchers have modified online learning
Indang that have a socio-economic influence on Covid- and are using Google Forms as a data collection tool.
19. The study is a qualitative research, and the chosen The researchers use the social media platform to share
resorts are well known in Indang, thanks to the the link to the survey form. Out of ethical consideration,
assistance of the owners of these resorts. The the researchers wrote a letter to a formal conduct or
quantitative technique is used in this study to measure survey questionnaire. This research aims to help the
attitudes, behaviors, and other categorical resort economy in this circumstance, especially in
characteristics and to simplify the results for a larger Indang, Cavite, by conducting a survey and analyzing
population. To acquire the essential data, survey the situation to implement a long-term strategy.
questions are used. Also, to calculate the total number of
respondents, a statistical processing approach was used Keywords: Economic impacts, Covid-19, Resorts.
in data collection. The average technique of weight and
ranges are used for economic impacts. To answer the
I. INTRODUCTION Diseases Compilation Guidelines on the Application of
Community Quarantine in the Philippines defines the "New
Indang Cavite is one of the places sufferings from the Normal" as "emerging attitudes, circumstances, and
COVID-19 pandemic, affecting markets, livelihoods, community health standards" that will be established in
infrastructure, and opportunities on all continents. The facts common or routine practices and can last long after the
are clear that this pandemic has plenty of negative effects in pandemic has passed, according to the Department of
every industry and workplace, especially in the tourism Tourism's official website. While the virus cannot be
industry. It includes reducing places to go to like beaches, completely eradicated by means like mass vaccination, a
hotels, and resorts, traveling in several countries and cities in requirement to incorporate recommendations is needed to
terms of economic impact, following new protocols and send revised health and safety procedures within the
guidelines by the govt., observing, isolating that is infected, procedures of accommodation establishments within the New
and taking swab tests whenever one wants to travel outside. Normal Situation.
Still, the government continues to find ways to control this
pandemic so the attractions and lifestyle of the many will As per the article titled "GDP Growth Hits 8-Year Low
bring back to what they used to be. Indang could be a in 2019," In the first half of 2019, the Philippines' economy
settlement within the Philippines that will be visited in an grew at a slower rate. The country's GDP grew at a steady 6.3
exceedingly single day. It is a historic and beautiful province percent between 2010 and 2018, before falling to 5.5% in the
that is ideal for both business and pleasure. During this city, first half of 2019. The Philippines' economy is projected to
there are few things to try to or places to determine. Since it rise 5.8% this year. The coronavirus outbreak could have a
is a little town, there are fewer lodging options. People big effect on the Philippine economy within the coming
usually consider stopping here for a brief break before months. If it lasts six months, it could cost the Philippine
continuing to the neighboring cities. You will stop for a brief economy $600 million, or 0.8 percent of GDP. According to
snack and an opening from your journey here. While this is the Department of Tourism (DOT) (2020) when it involves
often a little town, resorts are scattered altogether 32 accommodation establishments, visitors must fill out a Health
Barangays. Since it is a well-liked tourist destination, it is Declaration Form upon arrival, and eligible health or medical
best to go to the resort during the week. control or skilled personnel must conduct temperature checks
employing a thermal electronic scanner at the entrances for
According to GMA News Online, while there's Covid all guests. Only cleared guests by security are going to be
19 Pandemic, there is a resort in Indang Cavite that plenty of able to access the boundary to test in. Those with an illness or
tourists went there without noticing of preventing physical flu-like symptoms are not allowed and can be said to the
distancing. Young and old people gathered within the streets assigned doctor, the closest hospital, or the Barangay Health
or within the cottages, which were often crowded.Many Emergency Response Team (BHERT) as per DOH protocol.
visitors were seen without their face shields and mask. It also Huge impacts are being experienced on the macro and micro
connects to Republic Act 9593 or Tourism Act of 2009, that levels of tourism sectors. Relative to the overall level, it
the DOT is chargeable for enacting formalities that regulate disrupts the provision chain, particularly in Cavite, and result
the activity and activities of all tourism businesses. In which, in the loss of jobs and other businesses its outlook growth. At
the government and tourism sectors are authorized to the micro-level, transportation, accommodation, resort
implement rules and regulations to destinations to stay the industries were affected drastically. The vulnerable and poor
tourist attractions protected. The IATF (Inter-Agency Task are greatly affected regarding the loss of income,
Force) for the Organization of Emerging Transferrable deterioration in livelihoods, and well-being. As tourism

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Volume 7, Issue 5, May – 2022 International Journal of Innovative Science and Research Technology
ISSN No:-2456-2165
students, it is the will of the researchers to find out more
about the consequences of the Covid-19 Pandemic, especially (Rapoza, 2020). As stated in the International
on tourist destinations, particularly the resort, which is the Development Law Organization, there is an application of
focus of this study. Enhanced Community Quarantine policies that involves
strict control, police-military checkpoints, postponement
During this case, the research aims to assess the of public transport, and closing companies and
economic impact of the COVID-19 Pandemic on the resorts government services (Rimando M. 2020). As the last
in Indang, Cavite as a part of a proposed long-term strategy. update in keeping with the Municipality of Indang, on
It will aim to attain subsequent goals: March 18, 2021, there are 510 reported cases and 39
active cases. Indang remains promoting following such
 To measure the economic impact of the Covid-19 safety guidelines to decrease stated numbers.
Pandemic within the resort of Indang Cavite that affects the
business with regards to sales, revenue, employment, wage The effect on the MSME's SALES study traced down
and salary, and financial conditions. 59.9% of micro-enterprises in March 2020. Because of the
 To ascertain the differences in the respondents' assessment short-term closing of the company, trailed with small
of the economic impact within the resort that affects the companies (44.8%) along with average companies
business due to the Covid-19 Pandemic when grouped in (35.8%), recommending real effect on micro-enterprises.
line with the profile. MSMEs that worked constantly during the lockdown
 To propose an economically sustainable plan. encountered vital call deals: 27.7% miniature, 43.6%
small, and 41.0% average-sized companies which
The researchers found out that other sections of the encountered a business decline of 30% in March since
resort's economy are infected with the COVID-19 pandemic. February (a month before lockdown). Each area—
This study will look at how the virus affects a tourist administrations, assembling, and farming had no deals on
attraction like a resort, which can provide information and following the lockdown (the bigger component of MSMEs
link it to other tourist destinations in the area. Indang will in each area). Because several MSMEs had a deal
also reflect destinations that have been affected by COVID- expansion due to request through the lockdown, as an
19 in terms of economic position. This type of research is example, selling exchange offering everyday merchandise
important since it is timely and is now taking place in our and goods.
tourism business.
The effect on MSME REVENUE happened just like
II. LITERATURE REVIEW AND CONCEPTUAL the outcomes for MSME agreements. It has 61.7% of
FRAMEWORK micro-enterprises without salary in March 2020 because
of business terminations, supported by small companies
The literature review is one of the important parts of (49.1%) plus average companies (35.8%). MSMEs that
the study. The data included under the literature review worked during the lockdown had an intense call income
were connected to the entire study to see current updates including 26.5% miniature, 40.8% small, and 41.0%
that connect with the Resorts of Indang Cavite. The entire medium-sized companies having a 30% income decline
discussions are the idea of the researcher compiled to such during March since February. All three modern areas do
essential information that became helpful for the study. not have revenue after the lockdown (60% of MSMEs in
The results of the gathered data are the guide of the governments as well as assembly). Certain gatherings of
researcher throughout reporting of the topic matter. MSMEs extended their income because of extraordinary
COVID-19 is having financial failure to some prominent interest due to the lockdown. In general, many MSMEs
brands in numerous projects as the clients' lodge at home EMPLOYMENT encountered lockdown (65.7%
base and economies are shut down (Tucker, 2020). In the miniature, 50.8% small, then 66.3% average companies).
US, prominent groups like JCPenney, Sears, Hertz, However, MSMEs started decreasing representatives from
Neiman Marcus, and J. Group are under economic the start to continue (68.0% miniature, 59.5% small, and
hardship. The tourism industry is extremely hit; 80% of 78.6% average companies) particularly in assembling
accommodations are unoccupied (Asmelash and Cooper, (69.4%) and administrations (67.3%). The bigger the
2020), carriers their workforce at 90% and travel business company scope, the more extra working choices were
concerns are not likely to determine repayment in 2020. available. Along with average-sized companies, 41.1%
Furthermore, games, meetings, exhibitions, and other huge reduced their worker's working hours, then 34.8% small
events such as social foundations, displays, and historical companies along with 26.5% micro-enterprises. Minor
centers are canceled. Individual administrations like firms had lots of trouble in introducing this course of
stylists, exercise centers, and taxicabs, are also prohibited action: 24.9% average, 19.8% small, and 11.3% of micro-
due to quarantine. There are a few inquiries that could enterprises.
pose in association with this sudden lockdown. For
instance, how could we cater for work in these An enormous part of MSMEs has been postponed
circumstances? Why can organizations not handle such WAGE PAYMENT to representatives after the
circumstances (e.g., putting aside profit or considering Coronavirus and quarantine, and this was more obvious
alternative earnings)? How are organizations as well as for micro-enterprises (59.8%) and buildings (61.0%).
nations utilizing this circumstance to upgrade this serious Around 30% of small and average activities are declined
circumstance? within the full compensation payments to representatives

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Volume 7, Issue 5, May – 2022 International Journal of Innovative Science and Research Technology
ISSN No:-2456-2165
after the incident. Over 20% of MSMEs in assembling and 28.7% of the standard-sized company had enough
agricultural businesses decreased their wage expenses. capital and investment to make all the difference of
Most MSMEs came up short on the economic situation business for a month. Each of the areas faced a scarcity of
and wanted to maintain their business after the quarantine. assets. There have been 43.7% of administration MSMEs
The aspects in terms of capital loss were more genuine in without money or funds, trailed by agricultural (42.1%) as
adding companies. It has 43.8% of miniature, 23.2% well as producing MSMEs (34.2%). MSMEs (47.8%)
small, and 3.9% standard-sized projects without money or stated that their assets have ended in 30 days, trailed by
spare funds at the hour of the overview. Furthermore, administrations (37.4%) and cultivation (35.1%). Around
61.4% of standard-sized, 53.1% of small, and 37.8% of 22.5% of agricultural MSMEs showed that there are
micro-enterprises announced that there are finished assets sufficient money and properties to remain in their
in a very month. Just 14.8% of miniature, 19.0% of small, company for a month.

STATUS AND
ECONOMIC IMPACT OF ONLINE SURVEY FOR
RESORT INDUSTRY IN MANAGERIAL ECONOMIC
INDANG, CAVITE POSITION IN RESORT SUSTAINABLE PLAN
REGARDING 5 INDUSTRY
VARIABLES
Fig. 1: Conceptual framework.

III. METHODOLOGY The researchers arranged a letter to a formal manner

of survey questionnaire for ethical consideration. The
This study adopts a quantitative method because it is letter was emailed to avoid direct contact with individuals
used to review opinions, behaviors, and other categorical and to keep respondents and the entire data collection
variables and is used to simplify the findings of a larger process confidential. Legal letters have been forwarded to
population. The researchers also selected several resorts: owners or managers of specific stations to notify them of
Alta Rios Resort (2013), Siglo Paraiso Farm Resort the collection of information of this concern. The validity
(2019), Villa Colmenar Natural Spring Resort (2017), of the questionnaire was checked. The researchers
Carasuchi Villa (201), Rio Villa Nuevo Mineral Water introduced him to a statistician, an advisor, and board
Resort (1993), and Villa Filomena. Natural Spring Resort members. All questions regarding the economic impact of
(2017) to collect information for this study. A pre-test was Covid19 restrictions for the Indang resort industry.
conducted with 30 resort owners to check the validity and Researchers statistically scrutinized and explained the
reliability of the survey questionnaire. Once approved by information gathered from the survey. Different results
the statistician, the researchers collected data from 100 have been presented in tables to summarize and analyze
respondents representing the total population of resort data collected to easily identify differences with each
owners in Indang, Cavite. other. The statistical instruments utilized in the
quantitative investigation of the study have been depicted
Researchers apply samples of descriptions and by insights like frequency, rate, median, and standard
designs. The questioner is the owner of the statistics deviation.
stations because they have the main source and related
information on the economic impact of the Covid19 IV. RESULTS
limitations in the Indang and Cavite stations industry.
Survey questionnaires are also used to collect required A. Interpretation for Gender:
data. The percentage method has been used in the The table shows the least number of beach resort
investigation questionnaire to understand the answers owners in Indang Cavite who are women. It shows that
collected from the respondent. The investigation is divided 43% are women. While this rate in men is 57%. In this
into 2 parts: gender, age, and educational level of category, the greater area is men, which means more male
participants. For the second part, they must answer the owners than women. The total is 100% for the combined
questions divided into options: Agree, fully agree, numbers from the overall survey for this category.
disagree, fully disagree. Researchers have also used a
frequency method and percentage for respondents. In GENDER Frequency Percent
addition, a statistical processing method is also used in FEMALE 43 43.0
data collection to determine the total number of MALE 57 57.0
respondents. For economic impacts, weighted and Total 100 100.0
averaged methods are used. The researchers adapted the e- Table 1: Demographic Profile of The Respondents
learning and used the Google form as a data collection
tool to answer the questions provided. Survey form link is
distributed by researchers through social media platform.

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Volume 7, Issue 5, May – 2022 International Journal of Innovative Science and Research Technology
ISSN No:-2456-2165

AGE Frequency Percent

B. Interpretation for Age:
20 - 29 41 41.0
The table shows that the fewest respondents are
between the ages of 30 and 39, representing 18% of the 30 - 39 18 18.0
total number of respondents. The most successful owners 40 - 49 22 22.0
are between the ages of 20 and 29. The conclusion of a 50 ABOVE 19 19.0
total of 100% gives the aggregate numbers of the overall Total 100 100.0
survey in this category. Table 2

C. Interpretation for Educational Attainment:

The respondents had at least a master's degree,
representing 34% Of the absolute number of respondents.
While the bachelor's degree corresponds to 66% of the
respondents. It just means that some of the owners already
have a master's degree. Conclusion of 100% total
quantities of the general overview for this classification.

EDUCATIONAL ATTAINMENT Frequency Percent

Bachelor's Degree 66 66.0
Master's degree 34 34.0
Total 100 100.0
Table 3: Assessments of Economic Impact of Covid-19 in Sales

SALES Mean Standard Verbal Rank

Deviation Interpretation
The resort gets a good response from its prospects in terms of sales. 2.80 .696 Agree 2
Sales are still stable during the pandemic. 2.50 .772 Agree 5
The resort is stable to operate even in pandemic season. 2.57 .728 Agree 4
The resort’s number of sales is increasing even in times of
2.60 .725
pandemic. Agree 3
The resort strictly monitors the number of sales. 3.29 .591 Agree 1
Overall mean for Sales 2.752 .5126 High Impact
Table 4

Another result of the table is shown in Table 2. This unusual demand. It is also said that the crisis also causes
shows the average weighted method, standard deviation, unexpected and unusual insistence on demand and prices,
explanation, and verbal ratings. In terms of sales, end sometimes increasing, but often going to a pandemic. In
assessment points rank 5. This article has the smallest many fields, air transit to durable and non-durable goods,
number of agreements in this category. It only means that net demand, redundancy, and rates increase to converge
people are asked to agree less that sales are always stable in prices to support prices and pull-down merit. What's more
the pandemic. It has a 2.50 average response and a standard for this, numerous clients require a markdown and dealings
deviation of 0.772. On average it implies that respondents as indicated by the agreement, while certain contenders
have a significant impact on sales. The overall average is settle on choices regarding forceful costs. Yet, they won't
2.752, with standard deviations of 0.5126. The results relate endorse it so deals will diminish more if they begin making
to this study (Abdelnour, Babbitz, and Moss 2020) that it happen.
most companies are going through a sharp decline and

REVENUE Mean Standard Verbal Rank

Deviation Interpretation
The resort gains revenue even in pandemic. 2.56 .686 Agree 4
The resort maintains its revenue even in pandemic. 2.54 .688 Agree 5
There is flexibility in the resort’s revenue. 3.29 .574 Agree 1
The resort’s lists of revenue keep its confidentiality. 3.26 .613 Agree 2
The resort has strategies and gives consideration when it
3.25 .592
comes to its revenue. Agree 3
Overall mean for Revenue 2.980 .4095 High Impact
Table 5: Assessments of Economic Impact of Covid-19 in Revenue

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Volume 7, Issue 5, May – 2022 International Journal of Innovative Science and Research Technology
ISSN No:-2456-2165
Table 3 shows the evaluation of the economic impact (Sheiner and Campbell, 2020) that there is a large variation
of Covid19 on sales. Rank 5 is the lowest level with an in tax loss related to COVID. Country and regional tax
average of 2.54 and the standard deviation is 0.688. This income are predicted to reduce by 0.7% in 2020, 7.5% in
article has the smallest number of agreements in this 2021, and 7.7% in 2022: $22 billion, $37 billion, and $37
category. This means that respondents agree less that the billion, respectively. 0 billion USD. These moderate
resort maintains its revenue even in the pandemic. The declines, especially compared with estimated declines in
average implies that respondents have a significant impact previous recessions, reflect the low incomes of most
on income. The overall mean is 2.980, with a standard unemployed workers and the generous tax incentives
deviation of 0.4095. The findings are tied to this study outlined above.

EMPLOYMENT Mean Standard Verbal Rank

Deviation Interpretation
The resort gives support for employed workers. 3.31 .526 Agree 1
There is job security in terms of employment in resorts. 3.16 .721 Agree 5
There are proper guidelines and protocols for safety of
3.22 .645
personnel in the area of employment in the resort. Agree 4
In terms of employment, the resort provides enough
resources (Equipment, time, people, and money) to the 3.26 .597
employees. Agree 2
Fair treatment is implemented in the area of employment in
the 3.25 .592
resort. Agree 3
Overall mean for Employment 3.240 .5700 High Impact
Table 6: Assessments of Economic Impact of Covid-19 in Employment

Table 4 presents an assessment of the economic Labor and Industrial Relations at the University of the
impact of Covid19 on employment. Rank 5 is the lowest Philippines (UP Solair) believes that the layoff plan will
with a mean of 3.16 and a standard deviation of 0.721. This lead to increased spending on health services. SMEs in the
item has the fewest deals in this category. This means that range of 200 to 300 pesos per employee per month.
respondents are less likely to agree that there is job security Tolentino also said promoting job security for workers
in terms of recruitment at the station. The overall average gives them the job security provided for by the bill of
implies that respondents have a high impact on rights. "If there is job security, employee satisfaction will
employment. The overall mean is 3.240, with a standard increase. Tolentino says there will be fewer strikes and
deviation of 0.5700. The findings are related to this study layoffs, so there will be more productivity.
(Cagahastian, 2016) that Acting Provost of the College of

WAGE PAYMENT Mean Standard Verbal Rank

Deviation Interpretation
The resort implements wage payment on time. 3.24 .605 Agree 4
There is overtime pay in the resort. 3.25 .626 Agree 3
Equal Pay is implemented in the rules of wage payment of the
3.23 .601
resort. Agree 5
There are accurate time records in wage payment of the
3.26 .630
resort. Agree 2
On-time payroll processing is implemented in terms of wage
3.27 .584
payment in the resort. Agree 1
Overall mean for Wage Payment 3.250 .5515 High Impact
Table 7: Assessments of Economic Impact of Covid-19 in Wage payment

Table 5 shows the economic impact assessment of (International Labor Organization, 2020) that about a third
Covid19 in terms of payment. Section 5 is classified at the of the entire Philippine workforce is working in a
lowest level with an average of 3.23 and a standard vulnerable situation. Vulnerable workers, d. H. Those who
deviation of .601. This article has the lowest deal in this help family members and the self-employed are generally
category. This means that people who are asked are less lower paid, have low levels of job security, and are more
appropriate than the equivalent remuneration level are likely to face occupational hazards. Vulnerable
carried out in payroll settlement rules. The general average employment, as well as part-time work, is common in
implies that respondents have a significant impact on sectors with moderate to high risk of COVID-19
payment. The overall mean is 3.250, with a standard shutdowns, including transportation and warehousing,
deviation of 0.5515. The findings are related to this study housing, and hotels, as well as wholesale and retail trade.

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Volume 7, Issue 5, May – 2022 International Journal of Innovative Science and Research Technology
ISSN No:-2456-2165
FINANCIAL CONDITION Mean Standard Verbal Rank
Deviation Interpretation
The resort is doing their calculating financial differences. 3.23 .617 Agree 2.5
The resort has a financial statement that reflects in real time.3.25 .592 Agree 1
The resort has good financial condition for the business to
2.74 .691
sustain. Agree 5
The resort is prepared for liquidity of cash flows. 3.07 .685 Agree 4
There is revising of procedures in the records of financial
condition to prevent its discrepancies. 3.23 .601
Agree 2.5
Overall mean for Financial Condition 3.104 .4605 High Impact
Overall Impact 3.0652 0.4367 High Impact
Table 6: Assessments of Economic Impact of Covid-19 in financial condition

Table 6 shows the evaluation of the economic impact categories (sales, revenue, employment, payment, financial
of Covid19 on financial conditions. Rank 5 has the lowest conditions), there are 3.0652 and standard deviations are
with an average of 2.74 and standard deviations of 0.691. 0.4367. The results related to this study (Farrell, Wheat,
This article has the lowest deal in this category. This means and Mac, 2020) that small businesses are affected by
that the respondents agree to less than a good financial Covid19 in a monetary aspect. Financial companies are
terminal for the company to be maintained. The average more vulnerable, with lower income and less liquidity than
implies that respondents have a high impact on financial Willow town companies. Therefore, they can be more
status. The total average is 3.104 with a standard deviation likely to be more negative shocks, especially if they also
of .4605. For the general average of all designated work in highly affected industries.

A. In Terms of Gender
T-TEST RESULT

GENDER N Mean Std. Deviation Mean Difference p-value Interpretation

Sales MALE 57 2.747 .5392 -0.018 0.918 Not Significant.
FEMALE 43 2.758 .4812
Revenue MALE 57 3.014 .4373 0.0792 0.341 Not Significant.
FEMALE 43 2.935 .3696
Employment MALE 57 3.365 .6212 0.2905 0.008 Significant.
FEMALE 43 3.074 .4494
Wage MALE 57 3.400 .5769 0.3488 0.001 Significant.
FEMALE 43 3.051 .4495
Financial MALE 57 3.207 .4750 0.2396 0.008 Significant.
FEMALE 43 2.967 .4069
Overall MALE 57 3.147 .4555 0.1895 0.028 Significant.
FEMALE 43 2.957 .3898 .
Table 7: Differences on the Impact According to Profile

A pair of pairs are made to determine the effectiveness significant effect between the resort owner of women and
of the genre of real estate materials. There is no significant men. It is shown that there are a bigger number of
effect on sales (average in male = 2.747 and average in individuals in men who answer the survey than women.
women = 2.758; SD (Standard Deviation) in male = .5392 The results show that some are insignificant, and others are
and SD in female = 0.4812) and on revenue (average in not. Substantial results show that there is a difference if the
south = 3.014 and an average of 2.935; SD in male = sexes are different. It is mainly based on how they do their
0.4373 and SD in female = 0.3696). On the other hand, the work and think about their strategies on how to market their
comparison of post-hoc tests are indicated in (average in business. Although the results are not significant, the sex
the south = 3,365 and average in women = 3.074; SD in differences are not significant based on this category.
male = 0.6212 and SD in female = 0.4494), in the bar Math Related results (Kuppuswamy and Mollick, 2019) men are
of wages (average salary = 3.400 and female vehicles = more likely to try but otherwise, try to increase numbers.
3.051; SD in male = .5769 and SD in female = 0.4495), Women again, more and more incompatible are less likely
financial conditions (average in south = 3.207 and average to retry than men. In short, men have more people who
in Female = 2.967; SD in male = 0.4750 and SD in female accept more than women. Strategic men than women.
= .4069). For the overall results of this category, there is a

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Volume 7, Issue 5, May – 2022 International Journal of Innovative Science and Research Technology
ISSN No:-2456-2165
B. In Terms of Age
ANOVA

Sum of Squares df MeanSquare F Sig. Interpretation

Sales Between Significant.
4.452 3 1.484 6.608 .000
Groups
Within
21.558 96 .225
Groups
Total 26.010 99
Revenue Between Significant.
2.513 3 .838 5.708 .001
Groups
Within
14.087 96 .147
Groups
Total
16.600 99
Employment Between Significant.
13.323 3 4.441 22.633 .000
Groups
Within
18.837 96 .196
Groups
Total
32.160 99
Wage Between Significant.
12.935 3 4.312 24.100 .000
Groups
Within
17.175 96 .179
Groups
Total
30.110 99
Financial Between Significant.
4.952 3 1.651 9.875 .000
Groups
Within
16.047 96 .167
Groups
Total
20.998 99
Overall Between Significant.
4.562 3 1.521 10.196 .000
Groups
Within
14.317 96 .149
Groups
Total 18.879 99
Table 8

There is a significant effect on age. After comparing to make their businesses even more successful. However,
the learning test is indicated in the general result between we know that young business owners and old business
groups (Square Average = 1.521 and F = 10.196) and in the owners think, act, and act differently. The findings relate
groups (average square = .149 and f = 10.196). For the (Eitel, 2019) to the fact that "young business owners create
overall results of this list, there is a significant impact on a third of new businesses, and these businesses will grow
the age of the owner of the complex. Each type of table acts rapidly if they survive," the researchers said. "New
a significant part in this study and each result of data businesses started by old business owners are more likely to
collected in this study. Researchers want to determine the survive but may not perform as well – grow more slowly
superior person when it comes to this list. Also, to and are less likely to hire."
differentiate how people of their age think about strategies

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Volume 7, Issue 5, May – 2022 International Journal of Innovative Science and Research Technology
ISSN No:-2456-2165
C. In terms of educational attainment
T-TEST

Educational Attainment Std. Mean p- Interpretation

N Mean Deviation Difference value
Sales Bachelor’s 0.001 Significant.
66 2.870 .4992 0.3462
Degree
Master’s
34 2.524 .4645
degree
Revenue Bachelor’s 0.580 Not Significant.
66 2.964 .4281 -0.0481
Degree
Master’s
34 3.012 .3748
degree
Employment Bachelor’s 0.005 Significant.
66 3.118 .5108 -0.3583
Degree
Master’s
34 3.476 .6110
degree
Wage Bachelor’s 0.001 Significant.
66 3.109 .4787 -0.4144
Degree
Master’s
34 3.524 .5868
degree
Financial Bachelor’s 0.096 Not Significant.
66 3.048 .4548 -0.1633
Degree
Master’s
34 3.212 .4591
degree
Overall Bachelor’s 0.167 Not Significant.
66 3.022 .4316 -0.1259
Degree
Master’s
34 3.149 .4406
degree
Table 9

TTEST couples are made to determine the effects of results are linked (trends in a series of entrepreneurs,
learning about complex owners. There is a significant 2020) that about fifty-one percent (51%) of tycoons have a
effect on sales (average in Baccalaureate = 2.870 and bachelor's degree and the proportion of businesspersons
Mastery average = 2.524; SD in a bachelor's degree in with a bachelor's degree is high in most Asian
Bachelor = .4992 and SD in Mastery level = .4645). businesspersons (29.6%).
Although in revenue, there is no significant effect (Means
of Baccalaureate = 2.964 and Mastery Medium = 3.012; V. DISCUSSION
SD in Bachelor = .4281 and SD in Mastery degree =
.3748). There is a significant effect on employment (talent When researchers in this study have checked the
vehicles = 3.118 and average in control = 3.476; SD in results, they understand that to help research
bachelor's degree = .5108 and SD Master's degree = improvement, it is very useful to promote current
0.6110) and payment salary (middle Binh Tu Tai = 3.109 companies. Promoting and keeping your business living in
and average in control = 3.524; SD in a bachelor's degree a pandemic is difficult. Adapt to such modern ways on
on Bachelor = .4787 and SD control Mastery = 0.5868). how to promote and encourage visitors to the facility. By
Although in the financial situation, but there is no using social media platforms (Facebook, Instagram,
significant effect (talent vehicles = 3.048 and average in YouTube), creating attractive commercial videos and
control = 3.212; SD at the Bachelor level = .4548 and SD invitations can increase the current activity. Attracting
in the master level = .4591). For the overall results for this customers by reducing some money. In addition,
category, there was no significant effect between providing promotions for guests who have experienced
educational level versus the owner of beach resorts. The this will encourage other visitors to visit. Because it also
results show that some are insignificant, and others are increases sales and financial conditions and revenue of a
not. Substantial results demonstrate that there is a slow business. And at that time, if the situation was sent,
difference if an individual reaches a certain type of the owner of the terminal will eventually begin to get the
educational attainment, it considers a particular kind of position of sales and finance and its total revenue much
activity in their work and on how they carry out and have more.
an understanding. Although the results were not Improving the safety of health and the
significant, differences in an individual's education level implementation of the best practices for employees is safe,
were not significant based on this classification. The which is also a major factor. Identify medical and safe

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Volume 7, Issue 5, May – 2022 International Journal of Innovative Science and Research Technology
ISSN No:-2456-2165
measures that are needed to prevent subsequent some are low but to summarize all are significant to the
transmission. Business owners should implement whole study of this research. Also, to conclude Indang is
necessary safety distance practices. Using gloves, having a challenging time recovering because of the
plexiglass barriers, providing a variety of alcohol in the damage of the pandemic. As an effect, there are big
facility, strict by informing customers to keep their masks, adjustments to be implemented just for the business to
which forces them to check its temperature before entering continue, especially tourism sites like resort industries.
the installation Set, etc., therefore there will be no But even though the pandemic happened, they used the
problems or problems with problems if any problems are time to improve their facilities resulting in a secure
guests who will visit this place. At least they know that economic condition. With the profile of the respondents in
complexes follow the protocols and visitors feel safe terms of educational attainment, most of them have a
within the facility. Station owners should also have a master's degree which shows that they are knowledgeable
backup plan for employees who have been quarantined. in terms of owning and managing a resort.
They should be prepared for the worst-case scenario if
most workers are quarantined for prolonged exposure. The The most complicated issue we face in this crisis is
preparation of work schedules, communication plans finding the correct balance between preventing not only
(including employees, customers, suppliers), and the the damage caused by Covid-19 but also the damage
number of isolation days must be clear. For this, there will caused by a substantial downturn of economic activity. A
be no complications, especially about the wages of severe recession is likely to cause widespread suffering,
workers, especially if they do not work on a certain day. including higher mortality rates due to causes other than
Resort owners need to carefully craft a clear and concise the virus, making this a question of life and death, as well
message, plan regular updates, and optimize technology to as prosperity or poverty. As a result, we must devise
deliver the message. Also, it will be more organized and clever techniques for reopening enterprises while reducing
clearer to employees because they are the ones to be health concerns. Make sales the focal point of your plan.
exposed, especially if the time comes, and everything will This may have worked well enough in a good economy,
be back to normal. Assigning someone you trust to do this but in a tight market, look to your sales function to win
is a particularly important task. business. Sales are where strategy is put into action, as it
connects all your offerings to the market. Your sales
Finally, station owners should develop an ongoing strategy, sales experience, and customer contacts can
weekly cash flow plan. It is better to anticipate business emerge from the epidemic stronger than ever with smart
losses and prepare a solution than to not find the means to revisions, planning, and a little innovation. Create policies
achieve it. Having specific and solid strategies and and procedures for social distancing, hygiene, cleaning,
combining them in a cash flow plan will help businesses and general operations. Employees should be educated in
determine the exact amount of working capital needed. new policies and procedures. Make sure you have all the
Presenting a list of weekly week's cash flows is a must. It tools and resources you will need to reopen securely.
should be updated at the beginning and the end of each Website, when clients search for you, update the sites so
week because the cash flow plans act as a fuel measure for that your reopening plans and practices are evident. If
a company. Money is fuel for each company; a Cash flow your website offers live chat, you might wish to have an
plan is a measure of the amount of working capital needed automatic message appear that summarizes the most
to achieve behavioral objectives. List cash flow, cash flow valuable information. Channels on social media create a
and analyze the cash flow forecast so that the situation is series of posts for each platform of business utilizes and
monitored in the case of a problem. And if there is a distribute them regularly in the weeks leading up to your
problem encountered, it's easy to act and place a solution reopening and during your first few weeks back in
because it is updated every week. operation. Frequent updates on your team and operations
will demonstrate to your employees that you are open to
VI. CONCLUSIONS business and actively responding to their requirements.
Always keep an open mind. Do not get caught up in the
This study is designed to help the economy of the perpetual flux. Consider everything that might be able to
tourist area in this situation, especially in Indang, Cavite, help you improve your situation. Make a list of all you are
by conducting a survey and assessing the situation to take capable of. While most of what happened during the
a long-term planned action. The first part of the study epidemic were out of your hands, it is vital to remember
presents the number of respondents that filled out an that you may always have an impact on things. We are in
online survey about the economic impact of Covid-19 a unique situation where we must act quickly and socially
restrictions on the resort industry in Indang, Cavite. responsibly while constantly ensuring the safety of our
Gender, Age, and Educational Attainment are the three customers and employees.
categories on the responders' profile. It shows different
percentages of how every single one of them is different ACKNOWLEDGEMENTS
from one another. The second part of the paper presents
the body of the paper: Sales, Revenue, Employment, The completion of this research paper could not have
Wage Payment, and financial conditions. This paper been possible without the participation and assistance of
shows different percentages and data about the five numerous people whose names may not all be mentioned.
categories when it comes to the performances of each Their contributions to this paper are sincerely appreciated
resort in Indang Cavite. Some are high percentages, and and deeply acknowledged. Also, the group of students in

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Volume 7, Issue 5, May – 2022 International Journal of Innovative Science and Research Technology
ISSN No:-2456-2165
this research would like to express their greatest [9.] What is ANOVA (Analysis of Variance) and what
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Volume 7, Issue 5, May – 2022 International Journal of Innovative Science and Research Technology
ISSN No:-2456-2165
AUTHORS’ INFORMATION FORM

ECONOMIC IMPACT OF COVID-19 RESTRICTIONS ON RESORT INDUSTRY IN INDANG, CAVITE

Tacorda, Bless D.
Malabanan, Mearah Andrea D.
Valdez, Andrea Eunice V.
Bachelor of Science in Tourism Management , College of Tourism in Hospitality Management, De La Salle University
Dasmarinas, Philippines

Malabanan, Mearah Andrea D

Bachelor of Science in Tourism Management , College of Tourism in Hospitality Management, De La Salle University
Dasmarinas, Philippines

Valdez, Andrea Eunice V.

Bachelor of Science in Tourism Management , College of Tourism in Hospitality Management, De La Salle University
Dasmarinas, Philippines

Dr. Ernesto C. Mandigma Jr.

Bachelor of Science in Tourism Management , College of Tourism in Hospitality Management, De La Salle University
Dasmarinas, Philippines

First Author – Information

Name : Tacorda, Bless D.

Designation : Research Scholar
Department : College of Tourism in Hospitality Management
University : De La Salle University Dasmarinas, Philippines
Mail id. : [email protected]
Contact No. : 09679248786
Course : Bachelor of Science in Tourism Management :
Residential Address : Blk 3 Lot 13 Reginaville 2000, pearl st. Phase 1, Brgy. Inocencio, Trece Martires City, South Luzon, Cavite
4109, Philippines
ORCID id (if u have) : https://orcid.org/0000-0001-8530-3796?fbclid=IwAR2JNj2eQcK3yRLHFkv8Z9Swc2CETXF-
pSNMPXxQB8ot64jZBGl_CbIaB9k

Second Author – Information

Name : Malabanan, Mearah Andrea D

Designation : Research Scholar
Department : College of Tourism in Hospitality Management
University : De La Salle University Dasmarinas, Philippines
Mail id : [email protected]
Contact No. : (0917) 359 2376
Course : Bachelor of Science in Tourism Management
Residential Address : Blk 14 Lot 16 9th Street Berkeley Heights, Pulong Sta. Cruz, Sta. Rosa Laguna
ORCID id (if u have) : https://orcid.org/0000-0001-5015-7485

Third Author – Information

Name : Valdez, Andrea Eunice V.

Designation : Research Scholar
Department : College of Tourism in Hospitality Management
University : De La Salle University Dasmarinas, Philippines
Mail id : [email protected]
Contact No. : 09205868000
Course : Bachelor of Science in Tourism Management

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Volume 7, Issue 5, May – 2022 International Journal of Innovative Science and Research Technology
ISSN No:-2456-2165
Residential Address : Blk 17 Lt 14 Manchester St Oxford Corner, Burol Main Dasmarinas Cavite, South Luzon, Cavite 4109,
Philippines
ORCID id (if u have) : https://orcid.org/my-orcid?orcid=0000-0002-4186-3553

Fourth Author – Information

Name : Ernesto Mandigma Jr.

Designation : Thesis Adviser Faculty
Department : Faculty, Tourism Management Department
University : De La Salle University Dasmarinas, Philippines
Mail id. : [email protected]
Contact No. : 09274196887 :
Residential Address : 157- C.M.H Del Pilar St. Batangas City 4200, Philippines
ORCID id (if u have) : NA

Authors biography

T. Bless (Tacorda Bless) obtained her bachelor’s degree in BS Tourism Hospitality

Management. Currently a Fourth Year College student at De La Salle University Dasmarinas,
Philippines.

M. Mearah (Malaban Mearah) obtained her bachelor’s degree in BS Tourism Hospitality

Management. Currently a Fourth Year College student at De La Salle University Dasmarinas,
Philippines.

V. Andrea (Valdez Andrea) obtained her bachelor’s degree in BS Tourism Hospitality

Management. Currently a Fourth Year College student at De La Salle University Dasmarinas,
Philippines.

M. Ernesto (Mandigma Ernesto) obtained her bachelor’s degree in BS Tourism Hospitality

Management. Currently a Fourth Year College student at De La Salle University Dasmarinas,
Philippines.

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