Comparative Assessments of the Seasonality in "The Total Number of Overnight Stays" in Romania, Bulgaria and the European Union

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

Ovidius University Annals, Economic Sciences Series, 2017, vol. XVII, issue 2, 95-100

Abstract: It is thought that tourism started to display a significant activity only towards the end of the nineteenth century. At the international level, its development has been almost explosive since the 1960s; therefore, the current period is characterized by a real revolution in travel. However, in most countries, tourism is characterized by a seasonal evolution. The objective of this paper is represented by the comparative analysis of the seasonality in the tourism activities from Romania and Bulgaria, with a reference to the average seasonality registered in the EU member countries. For the quantitative research carried out in this study, we processed a database consisting of the monthly values of “the total number of overnight stays†indicator, recorded between January 2005 and December 2016, using the moving average method, the seasonality coefficient and EViews 5. The results led to the formulation of comparative assessments regarding the seasonality in the tourism activities from Romania and Bulgaria and their situation compared to the average of the seasonality recorded in the EU.

Keywords: number of overnight stays; tourism seasonality; seasonality indicators (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:95-100

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