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

Aivaz Kamer Ainur (), Jugănaru Mariana () and Jugănaru Ion Dănut ()
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Aivaz Kamer Ainur: “Ovidius†University of Constanta
Jugănaru Mariana: “Ovidius†University of Constanta
Jugănaru Ion Dănut: “Ovidius†University of Constanta

Ovidius University Annals, Economic Sciences Series, 2017, vol. XVII, issue 2, 355-360

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.

Keywords: words: number of overnight stays; tourist seasonality; seasonality indices (search for similar items in EconPapers)
JEL-codes: C10 C21 C53 J63 M21 Z33 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xvii:y:2017:i:2:p:355-360

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