Romania’s Tourism Market. Trends and Influencing Factors

Marian Ionel ()
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Marian Ionel: „Ovidius”University of Constanta, Faculty of Economic Sciences, Romania

Ovidius University Annals, Economic Sciences Series, 2023, vol. XXIII, issue 1, 397-401

Abstract: The tourism market is the economic space in which all transactions in the form of tourism consumption and production take place. Although competition is the main instrument that defines a free market economy, nevertheless in the tourism market it is necessary for the state to intervene by establishing certain regulations concerning the provision of tourism services by hoteliers and tourism intermediaries in order to ensure the protection of tourists as consumers of tourism services. The tourist market is a complex and dynamic market, which is constantly subject to both endogenous and exogenous factors, such as economic, political, social, legislative, psychological, natural, geographical, military and health factors. In Romania, the tourism market has shown trends of decline, stagnation or growth under the influence of factors specific to the Romanian economy, the aim of this paper being to highlight these aspects.

Keywords: tourism market; tourism demand; tourism supply (search for similar items in EconPapers)
JEL-codes: L80 L83 (search for similar items in EconPapers)
Date: 2023
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