The Evolution of Tourist Accommodation Capacity in Romania. The Case of the Romanian Black Sea Tourist Coastal Resorts

Ion Dănuț Jugănaru ()
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Ion Dănuț Jugănaru: "Ovidius" University of Constanta, Faculty of Economic Sciences, Romania

Ovidius University Annals, Economic Sciences Series, 2022, vol. XXII, issue 2, 594-603

Abstract: After 1990, in Romania, following the privatization of most tourist accommodation units, investments were directed towards modernizing and raising the comfort level of tourist accommodation units and new units were built. In this paper, we have analyzed the evolution of Romania's tourist accommodation capacity in recent years, especially regarding the coastal area. The analysis can be useful in making future investment decisions in new units. Even though, compared to the EU-27 countries’ average, in Romania the increase in the number of bed - places has been superior in the last decade, nevertheless we consider that there is still a need for investment in new units of superior comfort and for further modernization of the older units. The main issues faced by tourism in Romania are not about the existing accommodation capacity, but rather with the low occupancy rate, the short average length of stay and the small number of foreign tourists.

Keywords: tourist accommodation capacity; Romania; Romanian tourist coast; net occupancy rate; evolution perspectives (search for similar items in EconPapers)
JEL-codes: L83 O11 O47 O57 Z31 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xxii:y:2022:i:2:p:594-603

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