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Romania’s Tourism Market. Trends and Influencing Factors

Author

Listed:
  • Marian Ionel

    („Ovidius”University of Constanta, Faculty of Economic Sciences, Romania)

Abstract

The tourism market is the economic space in which all transactions in the form of tourism consumption and production take place. Although competition is the main instrument that defines a free market economy, nevertheless in the tourism market it is necessary for the state to intervene by establishing certain regulations concerning the provision of tourism services by hoteliers and tourism intermediaries in order to ensure the protection of tourists as consumers of tourism services. The tourist market is a complex and dynamic market, which is constantly subject to both endogenous and exogenous factors, such as economic, political, social, legislative, psychological, natural, geographical, military and health factors. In Romania, the tourism market has shown trends of decline, stagnation or growth under the influence of factors specific to the Romanian economy, the aim of this paper being to highlight these aspects.

Suggested Citation

  • Marian Ionel, 2023. "Romania’s Tourism Market. Trends and Influencing Factors," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 397-401, August.
    • Handle: RePEc:ovi:oviste:v:xxiii:y:2023:i:1:p:397-401
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    More about this item

    Keywords

    tourism market; tourism demand; tourism supply;
    All these keywords.

    JEL classification:

    • L80 - Industrial Organization - - Industry Studies: Services - - - General
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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