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Crisis Management Effects on Tourism Services Firms and its Impact on Development Sustainable Cities

Author

Listed:
  • Enea Constanta
  • Enea Constantin

    (Constantin Brancusi University of Targu Jiu, Romania)

Abstract

Tourism is an industry that benefits from highly optimistic predictions for the future, its importance became increasingly large, both globally and regionally, nationally and locally. Studies in the field already demonstrates that tourism can be considered, the main industry in terms of contribution to gross world product, the number 1 as regards the assimilation of labor employed and the most important investor of capital. According to data published Monday by the Statistical Office of the EU, the spread of financial crisis has affected tourism obvious. According to statistics, last year, spent the night in hotels in the EU was 1.578 billion, registering a decrease of 0.5% over the previous year. The same number saw an increase of 3.4% in 2007 compared with the previous year and an increase of 2.9% in 2006. If an analysis of different periods, you can see the obvious influence of financial crisis on tourism development and its impact on cities. In terms of sustainable development, an issue to be highlighted concerns that tourism, as a phenomenon, but that activity is unique in its way through dependence on a show against the environment, social and cultural values what is found in the areas of interest. Because of this dependency, tourism has an undeniable interest in ensuring the sustainability of these values.

Suggested Citation

  • Enea Constanta & Enea Constantin, 2009. "Crisis Management Effects on Tourism Services Firms and its Impact on Development Sustainable Cities," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 159-170, May.
  • Handle: RePEc:cbu:jrnlec:y:2009:v:1:p:159-170
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    Citations

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    Cited by:

    1. Camelia Anghel & Adina Claudia Neamtu & Liviu Neamtu, 2017. "Sustainable Development Versus Migration In Romania," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 41-46, December.
    2. Liviu Neamtu & Adina Claudia Neamtu, 2017. "Market Capacity And Structure As Indicators For Corporate Strategy," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 81-86, December.
    3. Camelia Anghel & Adina Claudia Neamtu & Liviu Neamtu, 2017. "Migration And Regional Development In Romania," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 134-140, December.
    4. Raluca TUDOR, 2012. "The Image Of Tourist Destinations Represented In Travel Blog Photography. Case Study: Romania'S Image Reflected In French Bloggers Photos," Revista de turism - studii si cercetari in turism / Journal of tourism - studies and research in tourism, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration - Economy, Business Administration and Tourism Department., vol. 13(13), pages 32-39, June.
    5. Liviu Neamtu & Adina Claudia Neamtu, 2017. "Market Behavior And Trends As Indicators For Strategic Planning And Business Policy," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 162-167, December.
    6. Neamtu, Liviu & Neamtu, Adina Claudia, 2017. "Complex Market Analysis Model Based On Complex System Of Strategic Decision Needs For Business Company," Management Strategies Journal, Constantin Brancoveanu University, vol. 35(1), pages 311-319.

    More about this item

    Keywords

    worldwide economic crisis; tourism; gross world product; labor employed; investor; sustainable development;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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