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THE ANALYSIS OF COMPETITIVENESS IN THE TOURISM SECTOR IN THE ACTUAL CONTEXT OF ECONOMIC CRISIS

Vasile Robu and Irina Balan
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Vasile Robu: Academy of Economic Studies, Bucharest, Romania

Revista de turism - studii si cercetari in turism / Journal of tourism - studies and research in tourism, 2009, vol. 7, issue 7, 84-89

Abstract: The past few years have witnessed many storms in the Tourism sector. Under the influence of an extremely volatile world economy (financial crisis, commodity and oil price rises, sharp exchange rate fluctuations, increase terrorism acts in several region with tourism potential ) Tourism demand slowed significantly. Yet, despite the current difficulties, the Tourism sector remains a critical economic sector worldwide and one that provides significant potential for economic growth and development internationally. A growing national Tourism sector contributes to raise national income, employment, and can improve a country’s balance of payments. The sector is thus an important driver of growth and prosperity and, within developing countries, it can play a leading role in poverty reduction. Despite the overall importance of developing the Tourism sector, many obstacles at the national level continue to hinder its development. This analysis aims to serve two purposes. First, we intend to provide useful comparative information for making decisions related to business and tourism development. Second, and more importantly, we hope that the analysis provides an opportunity for the Tourism industry to highlight the obstacles to Tourism competitiveness.

Keywords: competitiveness; tourism sector; tourism; performance; economic growth. (search for similar items in EconPapers)
Date: 2009
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Revista de turism - studii si cercetari in turism / Journal of tourism - studies and research in tourism is currently edited by Editura Universitatii Stefan cel Mare din Suceava

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