Final answer:
The study aims to determine the significance of e-wallet usage in three 5-star resorts in Bohol during the COVID-19 pandemic. It will analyze consumer behavior changes and business adaptations, focusing on a specific timeframe with a survey to collect data.
Step-by-step explanation:
Significance of the Study
- The significance of studying the usage of e-wallets in top resorts in Bohol during the COVID-19 pandemic lies in understanding behavior shifts in payment methods among consumers and the adaptation of businesses to digital transactions. Insights from this study could be valuable for stakeholders within the tourism and service industry by identifying opportunities and challenges in implementing cashless solutions. Additionally, it may provide a blueprint for other regions to follow in advancing their own cashless initiatives.
Scope and Limitations
- This study will focus on examining e-wallet transactions in three top-tier resorts in Bohol - Hennan, Bellevue, and BE Grand Resort. The time frame will be the height of the COVID-19 pandemic, considering this period led to heightened health concerns and thus potentially increased the use of contactless payments. Limitations may include the restricted geographical area, the small sample size of resorts, and the dynamic nature of the pandemic affecting consumer behavior.
Survey Form
- To gather data effectively, a survey form will be utilized, which will inquire about the frequency, preferences, and satisfaction levels regarding e-wallet usage among guests and staff at the resorts during the specified period. Questions will aim at capturing the extent of e-wallet adoption and identifying any barriers to its usage.