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The Evolution of Tourist Accommodation Capacity in Romania. The Case of the Romanian Black Sea Tourist Coastal Resorts

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  • Ion DănuÈ› Jugănaru

    ("Ovidius" University of Constanta, Faculty of Economic Sciences, Romania)

Abstract

After 1990, in Romania, following the privatization of most tourist accommodation units, investments were directed towards modernizing and raising the comfort level of tourist accommodation units and new units were built. In this paper, we have analyzed the evolution of Romania's tourist accommodation capacity in recent years, especially regarding the coastal area. The analysis can be useful in making future investment decisions in new units. Even though, compared to the EU-27 countries’ average, in Romania the increase in the number of bed - places has been superior in the last decade, nevertheless we consider that there is still a need for investment in new units of superior comfort and for further modernization of the older units. The main issues faced by tourism in Romania are not about the existing accommodation capacity, but rather with the low occupancy rate, the short average length of stay and the small number of foreign tourists.

Suggested Citation

  • Ion DănuÈ› Jugănaru, 2022. "The Evolution of Tourist Accommodation Capacity in Romania. The Case of the Romanian Black Sea Tourist Coastal Resorts," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 594-603, Decembrie.
  • Handle: RePEc:ovi:oviste:v:xxii:y:2022:i:2:p:594-603
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    File URL: https://stec.univ-ovidius.ro/html/anale/RO/2022-issue2/Section%204/17.pdf
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    References listed on IDEAS

    as
    1. Ion Danut Juganaru, 2022. "Destination Management Organizations in Romania: Important Steps Taken Recently for Their Operationalization," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 298-308, September.
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      Keywords

      tourist accommodation capacity; Romania; Romanian tourist coast; net occupancy rate; evolution perspectives;
      All these keywords.

      JEL classification:

      • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
      • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
      • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
      • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
      • Z31 - Other Special Topics - - Tourism Economics - - - Industry Studies

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