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The Seasonality in the Number of Overnight Stays by Residents in Romania and Bulgaria and Its Ranking in Connection to the EU Average Level

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  • Aivaz Kamer Ainur

    (“Ovidius†University of Constanta)

  • Jugănaru Mariana

    (“Ovidius†University of Constanta)

  • Jugănaru Ion Dănut

    (“Ovidius†University of Constanta)

Abstract

Studying the evolution of tourism over time, especially on the short or intra-annual term, highlights the seasonality of this economic activity. The main objective of this paper is represented by the comparative analysis of the seasonality recorded in the tourism activity, using the indicator "the number of overnight stays by residents " in Romania and Bulgaria, as well as its ranking in connection to the average seasonality registered in the EU member countries. For the purpose of our quantitative research, we processed a database comprised of the monthly values of the "total number of overnight stays by residents", recorded from January 2005 to December 2016, using the moving average method and the seasonality coefficient. We believe that this information may be especially useful to the decision-makers of the Romanian tourism activity in the conception of the tourism development strategy.

Suggested Citation

  • Aivaz Kamer Ainur & Jugănaru Mariana & Jugănaru Ion Dănut, 2017. "The Seasonality in the Number of Overnight Stays by Residents in Romania and Bulgaria and Its Ranking in Connection to the EU Average Level," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 355-360, December.
    • Handle: RePEc:ovi:oviste:v:xvii:y:2017:i:2:p:355-360
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    Keywords

    words: number of overnight stays; tourist seasonality; seasonality indices;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs
    • Z33 - Other Special Topics - - Tourism Economics - - - Marketing and Finance

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