Travelers’ intentions and behaviors regarding central bank digital currency use

Authors
  • Heesup Han

    College of Hospitality and Tourism Management, Sejong University

  • Wei Quan

    College of Hospitality and Tourism Management, Sejong University

  • Bee-Lia Chua

    Department of Food Service and Management, Faculty of Food Science and Technology, Universiti Putra

  • Linda Heejung Lho

    Tourism and Hotel Management, College of Business Division, Cheongju University

Keywords:
central bank digital currency, technology acceptance model, confidence in CBDC, innovativeness, competence, cross-national influence
Abstract

The use of central bank digital currency (CBDC) is an emerging issue in the tourism industry. We uncovered travelers’ intention with respect to CBDC adoption by broadening and intensifying the technology acceptance model (TAM). A total of 598 valid samples were examined and showed that TAM variables, confidence, competence, and consumer innovativeness sufficiently contribute to explicating the intention generation process of travelers for CBDC adoption. The cross-national influence of China and the US on the intention to adopt CBDC was also explored by adding nationality as a moderator. This research is one of few studies unearthing travelers’ behaviors for CBDC use, which enriches the extant tourism literature.

References
Published
2024-01-11
Section
Articles
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