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Evolution Of Tourism In The Year 2020, In The Context Of Measures On The Prevention Of Covid-19

Author

Listed:
  • Cosmin Sandu Badele

    (Ministry of Internal Affairs)

  • Lucian Ivan

    (Ministry of Internal Affairs)

Abstract

The COVID-19 pandemic is of major affect small and medium-sized enterprises (SMEs) worldwide, with measures to combat the pandemic by blocking and quarantine leading to severe decreases in production capacity utilisation, with supply chains interrupted, leading to a lack of intermediate materials and goods in the field of and tourism. There is a dramatic and sharp drop in demand and therefore in revenues, which severely affects their ability to function due to a lack of liquidity, with SMEs being more vulnerable to 'social distance' than other types of companies.

Suggested Citation

  • Cosmin Sandu Badele & Lucian Ivan, 2021. "Evolution Of Tourism In The Year 2020, In The Context Of Measures On The Prevention Of Covid-19," Management Strategies Journal, Constantin Brancoveanu University, vol. 52(2), pages 97-105.
    • Handle: RePEc:brc:journl:v:52:y:2021:i:2:p:97-105
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