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The Impact Of Covid-19 Pandemic On Global Tourism Industry

Author

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  • POPSA Roxana Elena

    (Lucian Blaga University of Sibiu, Romania)

Abstract

Tourism is a complex economic and social phenomenon, that has an impact on several sectors, such as culture, education and the national economy. Travel restrictions implemented in all countries of the world due to the Covid-19 pandemic have made the tourism industry one of the most affected since the very start of the virus spread. Therefore, in 2020 there was a 73% decrease in the number of tourists, representing a loss of 1.3 trillion dollars recorded by the tourism industry. In this context, the paper aims to analyse the impact of Covid-19 pandemic on the tourism industry, as well as the measures adopted to mitigate the effects of the virus on this economic sector.

Suggested Citation

  • POPSA Roxana Elena, 2021. "The Impact Of Covid-19 Pandemic On Global Tourism Industry," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 73(3), pages 162-170, October.
    • Handle: RePEc:blg:reveco:v:73:y:2021:i:3:p:162-170
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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/73308popsa.pdf
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    More about this item

    Keywords

    tourism and travel industry; Gross Domestic Product; COVID-19 pandemic;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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