Analysis of the Main Components in the Evaluation of TourismPerformance in Romania (2014-2022): Essential Dimensions andStrategic Directions for Sustainable Development

Tourism contributes significantly to economic and social development, but in Romania it faces challenges related to the capitalization of resources and infrastructure development.This study applies the Principal Component Analysis (PCA) to data from 2014-2022, provided by the National Institute of Statistics (INS), to identify the essential dimensions influencing tourism performance.The indicators analysed include the share of tourism in GDP, international arrivals, average length of stay and regional distribution of tourist flows.The results highlight two main dimensions: the attractiveness of destinations and the economic contribution.The first two components explain 94.77% of the total variation, Component 1 being dominated by variables associated with destinations (e.g., "Mountain"), and Component 2 by economic variables (e.g., "PondTurPIB").The temporal evolution shows a decline in 2020 caused by the COVID-19 pandemic, followed by a partial recovery in 2021-2022.The study contributes to understanding the dynamics of Romanian tourism and provides recommendations for public policies focused on diversification of the offer and investments in infrastructure, supporting the competitiveness and sustainability of the sector.

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Publication Details

Journal
Ovidius University Annals Economic Sciences Series
Published
2025-02-20
DOI
https://doi.org/10.61801/ouaess.2024.2.44
Primary Topic
Diverse Aspects of Tourism Research
Type
article
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article

Analysis of the Main Components in the Evaluation of TourismPerformance in Romania (2014-2022): Essential Dimensions andStrategic Directions for Sustainable Development

Roxana Zaharia, Cristina Elena Georgescu
Ovidius University Annals Economic Sciences Series
Diverse Aspects of Tourism Research
article

Analysis of the Main Components in the Evaluation of TourismPerformance in Romania (2014-2022): Essential Dimensions andStrategic Directions for Sustainable Development

Roxana Zaharia, Cristina Elena Georgescu
article en

Abstract

Tourism contributes significantly to economic and social development, but in Romania it faces challenges related to the capitalization of resources and infrastructure development.This study applies the Principal Component Analysis (PCA) to data from 2014-2022, provided by the National Institute of Statistics (INS), to identify the essential dimensions influencing tourism performance.The indicators analysed include the share of tourism in GDP, international arrivals, average length of stay and regional distribution of tourist flows.The results highlight two main dimensions: the attractiveness of destinations and the economic contribution.The first two components explain 94.77% of the total variation, Component 1 being dominated by variables associated with destinations (e.g., "Mountain"), and Component 2 by economic variables (e.g., "PondTurPIB").The temporal evolution shows a decline in 2020 caused by the COVID-19 pandemic, followed by a partial recovery in 2021-2022.The study contributes to understanding the dynamics of Romanian tourism and provides recommendations for public policies focused on diversification of the offer and investments in infrastructure, supporting the competitiveness and sustainability of the sector.

Ovidius University Annals Economic Sciences SeriesVol. 24(2)
Decent work and economic growth
Openalex Percentile: Top 94%
Diverse Aspects of Tourism Research
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Analysis of the Main Components in the Evaluation of TourismPerformance in Romania (2014-2022): Essential Dimensions andStrategic Directions for Sustainable Development — Roxana Zaharia, Cristina Elena Georgescu · Ovidius University Annals Economic Sciences Series (2025) | TGRS Research Map | TGRS