Tourism in conditions of global economic crisis

Abstract

The market of tourist services is constantly changing due to various impulses coming from international environment as well as from factors of national, regional and local level. The determinants of change in global tourism are primarily associated with the processes of globalization (including the global economic crisis’ years 2008−2010). The aim of this study is to analyze the tourism sector in conditions of global economic crisis. The analysis of demand and supply data – for the period of years 2006−2010 with forecasts for 2011 – made it possible to determine the economic condition of the sector. It seems that tourism was sensitive to the contemporary global economic crisis, while decreases in the indicators analyzed were relatively small and were mainly observed in 2009