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Adaptation of the tourism in Romania to the new economic context imposed by the global economic crisis (in 2010)

Author

Listed:
  • Silvia IFTIME

    (University Artifex, Bucharest)

  • Paulina Cornelia PODINA

    (MHR Promt Services Tour Ltd)

Abstract

The global economic crisis affected the tourist market from Romania since 2008. 2010 was for the Romanian tourism enterprises the year of successful attempts to respond to the economic and social stimuli imposed by the economic crisis. The way in which they managed to cope with the crisis shows that solutions are available to those who adapt to the conditions of fierce competition. The global economic crisis rippled its effects in all areas of activity, tourism included. Some field entrepreneurs consider that tourism will be the most affected sector of services by this crisis because the consumers will leave it at the bottom of the basket of consumption goods and services.

Suggested Citation

  • Silvia IFTIME & Paulina Cornelia PODINA, 2013. "Adaptation of the tourism in Romania to the new economic context imposed by the global economic crisis (in 2010)," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(1(578)), pages 141-148, January.
    • Handle: RePEc:agr:journl:v:xx:y:2013:i:1(578):p:141-148
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    Cited by:

    1. Claudia E. Tuclea & Dragos C. Vasile & Andreea F. Schiopu & Monica Marin, 2014. "Facets of Economic and Financial Crisis Impact on Strategic Planning of travel Agencies," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 16(Special 8), pages 1222-1222, August.

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