Tourist Industry Recovers from World Economic Crisis

Anca Gabriela Turtureanu (), Cornelia Elena Tureac () and Bogdan Constantin Andronic ()
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Anca Gabriela Turtureanu: Danubius University of Galati, Romania
Cornelia Elena Tureac: Danubius University of Galati, Romania
Bogdan Constantin Andronic: Danubius University of Galati, Romania

Acta Universitatis Danubius. OEconomica, 2012, issue 1(1), 176-185

Abstract: Tourism has become an important economic engine on the global point of view , but is extremely localized. Due to geographical distribution and nature of labor intensive activities in tourism offers a wide range of employment opportunities for poor and vulnerable groups in developing countries, especially but not exclusively, in rural and remote areas. Tourism has suffered a lot during the global economic crisis, there was a decline of 4% of international tourist arrivals in 2009, and revenues from international tourism fell by 6% by 2009. To a new report "Euro barometer" survey on the attitudes of Europeans towards tourism emphasized that the tourism industry has passed the economic crisis confirmed by the indicators. Motivations of travel for 2011 have been to traditional tourist destinations (58%), while 28% wanted to discover new destinations.

Keywords: tourism; debt crisis; economic uncertainty; growth; tourism market (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:dug:actaec:y:2012:i:1:p:176-185

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