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futureofromania

Analysis of the Day: How much money does a foreign tourist spend in Romania and what percentage of the amount remains in bars and restaurants

Findings:

  • Over 378,000 foreign tourists visited Romania in Q1 2024, spending over 1.15 billion lei.

  • Average tourist expenditure was 3,037 lei (around €630).

  • Business travelers dominated (58.9%), contributing most to spending (60.8%).

  • Leisure travel is growing (41.1% of tourists, 39.2% of spending).

  • Accommodation was the top spending category for both groups.

  • Air travel was the preferred mode of arrival (79.5%), followed by cars (15.2%).

Key Takeaway:

Romania's tourism industry is experiencing a rebound, with business travel leading the way and leisure travel gaining traction.

Trend:

There's a significant increase in foreign tourist arrivals and spending, indicating a recovering tourism sector.

Conclusions:

  • Both business and leisure travel are contributing to Romania's tourism growth.

  • Tourists are spending a considerable amount, particularly on accommodation.

Implications for Brands:

  • Tourism businesses should cater to both business and leisure travelers.

  • Marketing efforts should target foreign tourists, especially those from nearby countries.

  • Invest in improving accommodation and overall tourist experience.

Overall, the data suggests a promising future for Romanian tourism. By adapting to evolving traveler needs and preferences, brands can capitalize on this growth.

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