A ROMANIAN TOURISM MARKET ANALYSIS – DEVELOPMENTS AND TRENDS AFTER THE EU ACCESSION

In Romania, a country of rich touristic heritage, the total contribution of tourism to the 2014 GDP was 4.8% and, according to the country report published by the World Tourism and Travel Council (WTTC), this contribution is expected to rise to only 5.1% over the next decade. Obviously, for an emerg...

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Main Authors: DANIEL BULIN, SARMIZA PENCEA
Format: Article
Language:English
Published: Nicolae Titulescu University 2015-12-01
Series:Global Economic Observer
Subjects:
Online Access:http://www.globeco.ro/wp-content/uploads/vol/split/vol_3_no_2/geo_2015_vol3_no2_art_012.pdf
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author DANIEL BULIN
SARMIZA PENCEA
author_facet DANIEL BULIN
SARMIZA PENCEA
author_sort DANIEL BULIN
collection DOAJ
description In Romania, a country of rich touristic heritage, the total contribution of tourism to the 2014 GDP was 4.8% and, according to the country report published by the World Tourism and Travel Council (WTTC), this contribution is expected to rise to only 5.1% over the next decade. Obviously, for an emerging economy with a high touristic endowment this current condition cannot be satisfying. In this paper we intend to accomplish a specific analysis of the tourism market evolution after its EU accession. Our undertaking starts from two complementary questions: How did the Romanian tourism market develop, following the country’s EU accession? Are there any tourism development gaps between the country’s counties? Our research includes assessments of both the touristic demand and supply by counties and the municipality of Bucharest, as well as of the county groupings resulted from a cluster analysis using 6 indices (2 for demand, 2 for supply and 2 aggregate ones). The assumptions we start from are that a positive impact has been induced on Romania’s tourism after its accession into the EU, but in terms of its regional development, major development gaps between counties still persist and even deepen.
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spelling doaj.art-fdc48d859a4b44adb23459f5ebb529e82022-12-22T03:54:45ZengNicolae Titulescu UniversityGlobal Economic Observer2343-97422343-97502015-12-0132106115A ROMANIAN TOURISM MARKET ANALYSIS – DEVELOPMENTS AND TRENDS AFTER THE EU ACCESSIONDANIEL BULIN0SARMIZA PENCEA1PhD, Researcher, Institute for World Economy, Romanian Academy, Calea 13 Septembrie, no. 13, District 5, Bucharest ROMANIAPhD, Senior Researcher, Institute for World Economy, Romanian Academy, Calea 13 Septembrie, no. 13, District 5, Bucharest ROMANIAIn Romania, a country of rich touristic heritage, the total contribution of tourism to the 2014 GDP was 4.8% and, according to the country report published by the World Tourism and Travel Council (WTTC), this contribution is expected to rise to only 5.1% over the next decade. Obviously, for an emerging economy with a high touristic endowment this current condition cannot be satisfying. In this paper we intend to accomplish a specific analysis of the tourism market evolution after its EU accession. Our undertaking starts from two complementary questions: How did the Romanian tourism market develop, following the country’s EU accession? Are there any tourism development gaps between the country’s counties? Our research includes assessments of both the touristic demand and supply by counties and the municipality of Bucharest, as well as of the county groupings resulted from a cluster analysis using 6 indices (2 for demand, 2 for supply and 2 aggregate ones). The assumptions we start from are that a positive impact has been induced on Romania’s tourism after its accession into the EU, but in terms of its regional development, major development gaps between counties still persist and even deepen.http://www.globeco.ro/wp-content/uploads/vol/split/vol_3_no_2/geo_2015_vol3_no2_art_012.pdftourism markettourism demandtourism supplycluster analysisRomania
spellingShingle DANIEL BULIN
SARMIZA PENCEA
A ROMANIAN TOURISM MARKET ANALYSIS – DEVELOPMENTS AND TRENDS AFTER THE EU ACCESSION
Global Economic Observer
tourism market
tourism demand
tourism supply
cluster analysis
Romania
title A ROMANIAN TOURISM MARKET ANALYSIS – DEVELOPMENTS AND TRENDS AFTER THE EU ACCESSION
title_full A ROMANIAN TOURISM MARKET ANALYSIS – DEVELOPMENTS AND TRENDS AFTER THE EU ACCESSION
title_fullStr A ROMANIAN TOURISM MARKET ANALYSIS – DEVELOPMENTS AND TRENDS AFTER THE EU ACCESSION
title_full_unstemmed A ROMANIAN TOURISM MARKET ANALYSIS – DEVELOPMENTS AND TRENDS AFTER THE EU ACCESSION
title_short A ROMANIAN TOURISM MARKET ANALYSIS – DEVELOPMENTS AND TRENDS AFTER THE EU ACCESSION
title_sort romanian tourism market analysis developments and trends after the eu accession
topic tourism market
tourism demand
tourism supply
cluster analysis
Romania
url http://www.globeco.ro/wp-content/uploads/vol/split/vol_3_no_2/geo_2015_vol3_no2_art_012.pdf
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