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Banks’ Influence, through Tailor Made Services Offered to Tourists, on Encouraging International Transit: High-Tech Tourism of the 20th Century

Author

Listed:
  • Aurora Costina Lincã

    (The Bucharest University of Economic Studies)

  • Adrian Cãtãlin Voinilã

    (The Bucharest University of Economic Studies)

Abstract

In addition to basic indicators which determine the level of tourism at national and worldwide level, the alternative methods stand out increasingly more, helping to a deeper understanding of travel preferences that people have. When deciding whether to be a tourist or not, what matter are both the intrinsic motivation and environmental factors created particularly to facilitate the respective journey. Commercial banks in Romania have understood that, in order to survive in a competitive environment (over 35 commercial banks are sharing the same market), they must adapt to customer needs and be receptive to partnerships with other industries. Thus, they launched various types of cards with facilities for persons who travel and, by intense promotion, the banks urge other customers to become tourists. Considering these assumptions, the current paper analyzes quantitatively the transactions at ATMs abroad and the number of Romanian outgoing tourists (people residing in Romania).

Suggested Citation

  • Aurora Costina Lincã & Adrian Cãtãlin Voinilã, 2016. "Banks’ Influence, through Tailor Made Services Offered to Tourists, on Encouraging International Transit: High-Tech Tourism of the 20th Century," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 198-202, July.
  • Handle: RePEc:ovi:oviste:v:xvi:y:2016:i:1:p:198-202
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    More about this item

    Keywords

    tourism; international tourism; bank services; debit card; ATM transactions;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • Z32 - Other Special Topics - - Tourism Economics - - - Tourism and Development
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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