Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 21 ISSUE 2
Written by Paula STOICEA, Adina Magdalena IORGA, Carina Andreia DOBRE
Affected by high debt, online competition and geopolitical uncertainty, global tourism has been hit hard by the coronavirus pandemic crisis, halting traffic and staggering the lockdown of all countries. This paper analyzes the factors that caused tourism to collapse in 2020 and implicitly precarious economic effects. Romania will be the country studied for analysis, even if the direct contribution of tourism to GDP was 2.70% (2019) and total contribution (direct and indirect) of 5.2% (2019). The key questions posed are those related to the search for means to return to normalcy and to find ways to recover the hospitality industry
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