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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Format: | Article |
Language: | English |
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Nicolae Titulescu University
2015-12-01
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Series: | Global Economic Observer |
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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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format | Article |
id | doaj.art-fdc48d859a4b44adb23459f5ebb529e8 |
institution | Directory Open Access Journal |
issn | 2343-9742 2343-9750 |
language | English |
last_indexed | 2024-04-12T00:50:59Z |
publishDate | 2015-12-01 |
publisher | Nicolae Titulescu University |
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series | Global Economic Observer |
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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