THE IMPACT OF THE PANDEMIC CRISIS ON THE ACTIVITY OF ROMANIA'S TRAVEL AGENCIES

Abstract

A thriving tourism industry may help to create jobs, boost national income, and have a significant impact on the balance of payments. When this sector grows, it not only brings a country an abundance of wealth, but also growth, visibility, and job chances. With this in mind, we intend to examine the state of the tourist sector prior to the pandemic as well as the effects of the Covid 19 pandemic on tourism. The study looks at a sample of 250 travel agencies from the most typical counties, which are Iasi, Cluj, Bucharest, Constanta, and Timis. The importance of tourism areas (counties) was allocated based on the value of turnover documented between 2015 and 2020. The acquired data were processed using the statistical application SPSS, version 20, to model the economic database. Following the statistical analysis, we discover a fair connection or medium intensity between turnover and debt regressors and labor productivity.