Restoring hope and optimism through staycation programs: an application of psychological capital theory

This study marks an early attempt to evaluate staycation incentive programs initiated by local authorities. It aims to gauge the effectiveness of staycation programs in cultivating learning opportunities and restorative benefits with an emphasis on temporal positive psychological outcomes amid this continuing pandemic. Relying on a survey-based research design, we conducted a survey with 409 local tourists in Macau, where a recent staycation initiative has attained prominent success. We then undertook the structural equation modeling test using AMOS. Results show how short local excursions could still fortify one’s psychological capital with respect to ephemeral improvement in hope, confidence, optimism, and resilience in the face of extenuating circumstances. By synthesizing a path leading from COVID-related distress to fortification of a more prepared mental state for the new normal through the staycation’s experiential benefits, this study thus puts forth a mechanism that explains why tourists/residents engage in staycation programs, as well as illuminating the psychological values associated with such activities. By answering these questions, this research improvises a three-stage process that identifies pre-trip, during-trip, and post-trip mental encounters that improve participants’ psychological capabilities, even if only temporarily. The present inquiry sheds light on a new form of sustainability: mental (or psychological) sustainability.