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Effects of the COVID - 19 Impact on the Tourism Sector in Bulgaria

Author

Listed:
  • Marin Marinov

    (D.A. Tsenov Academy of Economics, Svishtov, Bulgaria)

  • Lyubomira Todorova

    (D.A. Tsenov Academy of Economics, Svishtov, Bulgaria)

Abstract

The negative consequences of the Covid-19 pandemic are significant and cover all sectors of the economy, with the biggest impact on the Tourism sector. Some of the impacts are related to the growth of the registered unemployed, the financial difficulties of the enterprises and the impossibility to carry out economic activities due to the decline in the interest of tourists in travel and leisure. It is necessary to derive a set of measures to deal with the complicated situation of the enterprises in the tourism industry, which will quickly overcome the critical situation for the sector.

Suggested Citation

  • Marin Marinov & Lyubomira Todorova, 2020. "Effects of the COVID - 19 Impact on the Tourism Sector in Bulgaria," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 9(2), pages 68-75, August.
    • Handle: RePEc:vra:journl:v:9:y:2020:i:2:p:68-75
    DOI: 10.36997/IJUSV-ESS/2020.9.2.68
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    Citations

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    Cited by:

    1. Zaharia Marian & Balacescu Aniela & Gogonea Rodica-Manuela, 2021. "Aspects Of The Impact Of Covid-19 On The Number Of Employees In Accommodation And Food Service Activities. Return Trends," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 42-48, October.
    2. Aniela Balacescu & Marian Zaharia & Loredana Paunescu & Delia Nica Badea, 2023. "Post Covid Evolutions Of Tourism In Member States Of The European Union. Similarities And Disparities," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 36-44, February.

    More about this item

    Keywords

    tourism; tourism industry; tourism in Bulgaria; Covid-19;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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