DYNAMICS AND EFFICIENCY OF EVENTS TOURISM, FACTORS IN GLOBAL ECONOMIC GROWTH

Raluca Georgiana Stoian () and Manuela Liliana Muresan ()
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Raluca Georgiana Stoian: Doctoral School of Business Administration, Bucharest University of Economic Studies, Bucharest
Manuela Liliana Muresan: Doctoral School of Business Administration, Bucharest University of Economic Studies, Bucharest

CBU International Conference Proceedings, 2016, vol. 4, issue 0, 073-078

Abstract: Meetings, Incentives, Conventions, and Exhibitions (MICE) is an elite segment of tourism linked to business tourism. It has become dynamic worldwide in recent years. The efficiency of tourism events emerges with the connection between the corporate world and world travel organizations. This connection is a dynamic link that is profitable for all parties involved. Currently, about 40% of the activity and profit is due to worldwide business travel and the event industry. This paper aims to highlight the efficient role of tourism events through the dynamic “Convention Bureau”, at both the international and Romanian level, in terms of global economic growth. We found from the study of this activity sector that one of the important directions of innovation and raising the competitiveness of the tourist offer of any country is given the additional service diversification by stimulating tourism dynamics of events. The advantages and benefits that may be mentioned in business events tourism are revenues from services such as accommodation, facilities conference, catering, leisure, transport and entertainment. These revenues are stimulating the growth of the world economy.

Keywords: tourism eventsassociations; Convention Bureau; economic growth (search for similar items in EconPapers)
JEL-codes: A1 M2 O4 Z32 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:aad:iseicj:v:4:y:2016:i:0:p:073-078

DOI: 10.12955/cbup.v4.745

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