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

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  • Jugănaru Ion DănuÈ›

    (“Ovidius†University of Constanta)

  • Aivaz Kamer Ainur

    (“Ovidius†University of Constanta)

  • Jugănaru Mariana

    (“Ovidius†University of Constanta)

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.

Suggested Citation

  • Jugănaru Ion DănuÈ› & Aivaz Kamer Ainur & Jugănaru Mariana, 2017. "Comparative Assessments of the Seasonality in "The Total Number of Overnight Stays" in Romania, Bulgaria and the European Union," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 95-100, December.
    • Handle: RePEc:ovi:oviste:v:xvii:y:2017:i:2:p:95-100
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    References listed on IDEAS

    as
    1. Miloš Bigovic, 2011. "Quantifying Seasonality in Tourism: A Case Study of Montenegro," Academica Turistica - Tourism and Innovation Journal, University of Primorska Press, vol. 4(2), pages 15-32.
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    More about this item

    Keywords

    number of overnight stays; tourism seasonality; seasonality indicators;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs
    • Z33 - Other Special Topics - - Tourism Economics - - - Marketing and Finance

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