Romania has a huge tourist’s potential, but currently it is too little valued and exploited. As a result, one of the strategic developments of the economy aimed the tourism industry. The strategic decisions are based on different trends obtained from soph

This article wishes to highlight the electronic tourism and innovation role in tourism industry with impact on economic growth especially by approach of firms. So, tourism firms witch have a website well done have access to a huge tourism market, thus succeeding to present their products and...

Tourism and hotel business is becoming one of the leading industries of the world. Therefore, an increased attention needs to be paid to the study of trends in tourism because they determine the trends in hotel industry. The purpose of the paper is to point out the importance of hotel industry...

We study the intermediary role of tour operators in the market for package tourism. Intermediaries often arise in order to facilitate trade in markets characterized by asymmetric information. In the travel industry policy-makers have tried to address information asymmetries by providing hotel...

Purpose – The interest in customer experience has increased at a phenomenal rate. However, research to capture the true meaning of the concept is limited. Therefore, this study aims to address the question of what are the underlying dimensions that constitute the construct of customer...

Tourism industry/development constitutes one of only a few viable development options and is often the principal source of foreign exchange earnings without exporting any national wealth or resources. It plays an important role in the sustainable development of many developing countries. The...

This paper analyses the causes and consequences of the informality in the sun-and-beach segment in Albania. It makes use of both secondary and primary data, collected during the period November - December 2011, with focus to Durres coast, which is the major destination of this segment. The...

Czech Republic and Romania are countries that have common and different signs in the sphere of tourism. Romania has a more marked natural potential, Czech Republic proceeded to important development in (tourism) services. Thus some regions have certain reserves and barriers in tourism...

We extend the existing literature on small mixed frequency single factor models by allowing for multiple factors, considering indicators in levels, and allowing for cointegration among the indicators. We capture the cointegrating relationships among the indicators by common factors modeled as...

The demand for Thailand's international tourism by 10 major tourist origins was estimated. Income elasticities of demand for tourism are all found positive. It is elastic for rich countries, unitary for Japan and France, and inelastic for neighbouring countries. The continual growth of the world...