IDEAS home Printed from https://ideas.repec.org/a/bum/cactus/cactus-2018-6.html

Current Business Tourism References. Case study: Hotel Novotel Bucharest

Author

Listed:
  • Manuela Liliana MureÅŸan

    (Bucharest University of Economic Studies, Romania)

  • Raluca Georgiana Stoian

    (Bucharest University of Economic Studies, Romania)

Abstract

Business tourism has proven to be an important part of the hospitality industry in terms of both travel volumes and generated revenue. This type of activity, far from being a novelty, has expanded and seems destined to continue to grow at a higher rate every year. Growth is particularly marked by international events that bring important financial gains to host cities, generated not only by these activities, but also by the multiplier effect of all tourism activities. The motivation for the chosen theme results from the fact that in the hospitality industry, business tourism is a segment in which a variety of events can be organized, such as: local, regional and national conferences and meetings - organized by associations and corporations, congresses and conventions, international courses, trainings and induction courses, fairs, exhibitions, product launches, motivation tourism, exchanges addressed to students and teachers, travel of government employees, etc., with major economic impact both at national and international level for the development of society. The evolution of business tourism in Bucharest provides a strengthening of business relations, investments, more efficient use of hotel structures and obvious increases in revenues. The starting point of this research is represented by an analysis of the current context of the evolution of business tourism and the identification of its potential at the level of the Capital of Romania. Our analysis shows that there is a correlation between the hotel sector specific to events organizing services and the development of the business tourism segment. The case study on the Novotel Hotel in Bucharest brings to light the following striking themes in the field of tourism: the organization of business events as an engine for economic growth and the attraction of new tourists, as well as the impact of events in the MICE industry on the reduction of seasonality in the Capital. Research based solely on the processing of secondary data does not present issues related to the subjectivity of tourists nor does it present the point of view of the providers. Thus, the analysis of the events organized at the Novotel Hotel in Bucharest during the period 2012-2016 reflects that the business tourism is specific to the area of events, conferences, business meetings, etc., and may have an effect in reducing the seasonality in Bucharest, but also in increasing the economic profit for the hotel industry.

Suggested Citation

  • Manuela Liliana MureÅŸan & Raluca Georgiana Stoian, 2018. "Current Business Tourism References. Case study: Hotel Novotel Bucharest," Cactus - The tourism journal for research, education, culture and soul, Bucharest University of Economic Studies, vol. 17(1).
  • Handle: RePEc:bum:cactus:cactus-2018-6
    as

    Download full text from publisher

    File URL: https://cactus-journal-of-tourism.ase.ro/Pdf/vol17/6.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics
    • P0 - Political Economy and Comparative Economic Systems - - General
    • Z31 - Other Special Topics - - Tourism Economics - - - Industry Studies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bum:cactus:cactus-2018-6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CACTUS Editorial Team (email available below). General contact details of provider: https://cactus-journal-of-tourism.ase.ro .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.