WAYS OF OBTAINING FINANCING BY TOUR OPERATORS

Carlan Adriana
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Carlan Adriana: HERMES ECONOMIC COLLEGE OF PETROSANI

Annals - Economy Series, 2015, vol. Special, 344-348

Abstract: Any field requires investment for development or implementation of new projects. One of these areas is the tourism domanin.Romania is a country with highly touristic potential that is not exploited to maximum. In order to reach a high quality level of tourism permanent development and modernization are needed and also the establishment of new businesses That conducts other activities other than those which takes place in our country. Ways of getting funds are multiple, depending on individual needs.To develop tourism activities it is necessary to require some funding that can come from various sources: auto-financing, loans from various banks or from third parties and grants offered by the European Union. There are many programs designed to support the development of tourism, such as ROP that allows people to access grants in order to implement projects for the establishment and the development of the activity in the touristic field. The purpose of this article is to highlight funding opportunities for the tourism operators and to assist them in choosing the appropriate form of financing of the current activity or the activity they want to implement in the future and description of how to obtain the necessary funds from various sources.

Keywords: investment; tourism; development; financing; potential; modernization (search for similar items in EconPapers)
Date: 2015
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