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Comparative Analysis between Romania, Bulgaria and Hungary’s Tourism Activity

Author

Listed:
  • Andreea Marin-Pantelescu
  • Bianca Voicu
  • Andreea Vîrtopeanu
  • Andreea Voinea
  • Ana-Maria Saveliev

Abstract

The tourism industry is composed of a set of organizations involved in meeting the needs of tourists. These organizations are extremely diverse and are part of several categories, including the public sector, the private sector, and professional associations. Thus, the main structures involved in the tourism industry are transportation, accommodation, tour operators and retail travel agents, restaurants, entertainment, leisure facilities. The importance of the tourism industry is reflected in its contribution to the country's economic development through GDP growth and employment. The present article aims to carry out a comparative analysis of Romania, Bulgaria and Hungary on tourism activity. The balance of payments for tourism, the analysis of the tourists' receipts and expenditures, their strengths in tourism and the calculation of the relative tourism preferences, for the three countries are considered.

Suggested Citation

  • Andreea Marin-Pantelescu & Bianca Voicu & Andreea Vîrtopeanu & Andreea Voinea & Ana-Maria Saveliev, 2018. "Comparative Analysis between Romania, Bulgaria and Hungary’s Tourism Activity," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 4(4), pages 176-182, December.
    • Handle: RePEc:khe:scajes:v:4:y:2018:i:4:p:176-182
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    More about this item

    Keywords

    Tourism; arrivals; receipts; tourism balance of payments; preferences;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • Z3 - Other Special Topics - - Tourism Economics
    • Z32 - Other Special Topics - - Tourism Economics - - - Tourism and Development

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