The Effects of Economic Crisis on Tourism

Abstract

Objectives. This paper proposes a listing of the main effects of economic and financial crisis ontourism, followed by an analysis of key trends in tourism development and mutations occurring in consumerbuying behavior of such services. Prior Work. All these have a significant impact on the strategies thatshould be used for tourist destinations, given that the last 20 years, tourism has made a great contribution tothe global economy, being the fastest growing sector in terms of External revenue and create jobs, andeconomic and financial crisis that has affected the world economy in 2008, has led to decreasing the flow ofboth domestic and international tourists. Approach. In terms of sustainable development, a concern must beemphasized that tourism as a phenomenon, but also as an activity is unique in its kind that manifests itself bydependence on the environment, social environment and cultural values, that are found in areas of interest.Value. Because of this dependency, tourism has an undeniable interest in ensuring the sustainability of thesevalues.

Keywords

• economic and financial crisis
• tourism
• sustainable development
• rural tourism