STRATEGIES FOR THE TOURIST DEVELOPMENT OF THE SOUTH-WEST OLTENIA REGION IN THE CONTEXT OF EUROPEAN FUNDS

Bogdan Budica, Ilie Budica and Florin Tudor
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Bogdan Budica: University of Craiova Faculty of Economics and Business Administration
Ilie Budica: University of Craiova Faculty of Economics and Business Administration
Florin Tudor: University of Craiova Faculty of Economics and Business Administration

Annals of University of Craiova - Economic Sciences Series, 2015, vol. 2, issue 43, 167-174

Abstract: The purpose of the present paper is to have a picture of the tourism sector in the region of South-West Oltenia in order to sketch out several medium and long-term strategies of tourist development. The conducted research encompasses several departments of analysis, one of them being the evolution of the region’s tourist activity, before and after the accession to the EU, an evolution which can be measured with the help of specific indicators of the tourist activity such as: the number of arrivals, number of guest nights, number of tourist accommodations by type and categories, rate of accommodation occupancy or the contribution of tourism to the region’s GDP. Another matter analyzed refers to the correlation of the tourism strategy in this region with both the global development strategy of the region ramified into different branches and fields and the strategies at national level regarding the economic development of the country. And last but not least, from our perspective the whole development strategy of tourism both at regional and national level should revolve around the irredeemable European funds, namely of viable projects that would lead to a higher absorption rate of more than 90% of this money.

Keywords: strategies; tourist development; European funds; investments; tourist flow (search for similar items in EconPapers)
JEL-codes: M41 M42 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:2:y:2015:i:43:p:167-174

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