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

Silvia Iftime and Paulina Cornelia Podina
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Silvia Iftime: University Artifex, Bucharest
Paulina Cornelia Podina: MHR Promt Services Tour Ltd

Theoretical and Applied Economics, 2013, vol. XX, issue 1(578), 141-148

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.

Keywords: global economic crisis in tourism; standard tourism services; personalized tourist packages; coping strategies under crisis conditions; holistic approach. (search for similar items in EconPapers)
Date: 2013
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