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Advisor(s)
Abstract(s)
This article aims to characterize the hotel industry in Romania and Portugal. For this purpose, the authors use a set of statistical indicators, also applying the Buys Ballot model. The results show that, between 2015 and 2020, in Romania and Portugal, in the months of June, July, August, September and October the seasonal factor deflected the number of nights spent by domestic tourists over the trend line. Thus, the seasonal factors varied between 0.065 and 0.454 in Romania and between 0.02 and 0.388 in Portugal. It should be mentioned that, in the period 2015-2019, on average, the share of domestic tourists’ overnight stays reached 29.2 percent in Portugal and 79.3 percent in Romania of the total overnight stays, the first country being mainly focused on non-residents tourists originated from EU Member States. Moreover, the GDP per capita at constant 2010 prices stood at EUR 17,628 in Portugal, 2.1 times higher than in Romania. In this context, in the case of hotels and similar accommodation, the turnover had an annual variation rate of 10.8 percent in Romania, compared to 11.6 percent in Portugal. Instead, in 2020, due to the COVID-19 pandemic, in Portugal and Romania, domestic tourists held 52.0 percent and 91.8 percent respectively of nights spent in hotels and similar accommodation. These results may allow better decision-making by hotel managers in Portugal and Romania, particularly in this post-pandemic period in which it is necessary to relaunch the strong dynamism that characterized the sector.
Description
Comunicação apresentada em conferência internacional
Keywords
Tourism Hospitality industry Tourist accommodation Financial performance Buys ballot model
Citation
Enache, C., Mucharreira, P.R., & Antunes, M.G. (2022). Seasonal deviations in tourist accommodation establishments in Romania and Portugal - a quantitative analysis. In: R. Pamfilie, V. Dinu, C. Vasiliu, D. Pleșea, L. Tăchiciu (eds.) (2022). 8th BASIQ International Conference on New Trends in Sustainable Business and Consumption (pp.796-803). Graz, Austria, 25-27 May 2022. Bucharest: ASE.
Publisher
Editura Ase