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Achieving Excellence through Memorable Traveler Experience and Challenges,Opportunities and Solutions for Romanian Travel and Hospitality Industry



    () (Romanian-American University, Bucharest)


    () (Institute of National Economy, Romanian Academy)


    (Romanian-American University, Bucharest)


Hospitality industry is probably the fastest growing one in the world. The tourism company should endeavour to shape the overall perception of value in this industry. What matters is the provision of experiences, but not services. To meet international standards the Romanian tourism should consider challenges, opportunities and solutions to cope with the specific requirements in this field.

Suggested Citation

  • Theodor Valentin Purcarea & Valeriu Ioan Franc & Monica Paula Ratiu, 2010. "Achieving Excellence through Memorable Traveler Experience and Challenges,Opportunities and Solutions for Romanian Travel and Hospitality Industry," Romanian Journal of Economics, Institute of National Economy, vol. 30(1(39)), pages 52-75, June.
  • Handle: RePEc:ine:journl:v:1:y:2010:i:39:p:52-75

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    References listed on IDEAS

    1. Michael Fritsch & Alina Rusakova, 2010. "Personality Traits, Self-Employment, and Professions," Jena Economic Research Papers 2010-075, Friedrich-Schiller-University Jena.
    2. José Millán & Emilio Congregado & Concepción Román, 2012. "Determinants of self-employment survival in Europe," Small Business Economics, Springer, vol. 38(2), pages 231-258, February.
    3. Carl Magnus Bjuggren & Dan Johansson & Mikael Stenkula, 2012. "Using self-employment as proxy for entrepreneurship: some empirical caveats," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 17(3), pages 290-303.
    4. Ferrante, Francesco & Sabatini, Fabio, 2007. "Education, social capital and entrepreneurial selection in Italy," MPRA Paper 2451, University Library of Munich, Germany.
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    Cited by:

    1. Monica Paula Rațiu & Aurelia-Felicia Stăncioiu & Anca-Daniela Vlădoi & Nicolae Teodorescu, 2011. "Considerations Regarding the Design of Specific Tourism Products for the Tourism Destination Romania," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 11(3), pages 255-262.

    More about this item


    Hausehold Behaviour; Sustenable Development; Regional Development Policy; Tourism;

    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • D6 - Microeconomics - - Welfare Economics
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products


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