THE IMPACT OF COVID-19 PANDEMIC ON GLOBAL TOURISM INDUSTRY

Roxana Elena Popsa
Additional contact information
Roxana Elena Popsa: Lucian Blaga University of Sibiu, Romania

Revista Economica, 2021, vol. 73, issue 3, 162-170

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.

Keywords: tourism and travel industry; Gross Domestic Product; COVID-19 pandemic (search for similar items in EconPapers)
JEL-codes: L83 M21 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://economice.ulbsibiu.ro/revista.economica/archive/73308popsa.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:blg:reveco:v:73:y:2021:i:3:p:162-170

Access Statistics for this article

More articles in Revista Economica from Lucian Blaga University of Sibiu, Faculty of Economic Sciences Lucian Blaga University of Sibiu, Faculty of Economic Sciences Dumbravii Avenue, No.17, postal code 550324, Sibiu, Romania. Contact information at EDIRC.
Bibliographic data for series maintained by Eduard Alexandru Stoica ().