INVESTMENTS IN AGROTOURIST ESTABLISMENTS FROM MOUNTAIN AREA AND FORECASTS RELATED TO THEIR RECOVERY

  • Ciolac, R.
  • Constantinescu, S.
  • Strain, L.
  • Rujescu, C.
  • Balan, I.
Abstract:
Many EU governments recognize that rural tourism is an alternative that can save agriculture and that "over the next 20 years, tourism will be the mainstay of the economy, and tourism and rural tourism will become the tourism of the future". Peculiarities of rural tourist areas, various financing arrangements for the purpose of investment in rural tourism, create for the future investor many dilemmas. There are many regions in that serve to be promoted and visited, particularly for traditional, specific, authentic products that it offers. The paper’s goal is to realize an overview of the valuable elements of a rural, mountainous area from Romania, still not appropriate exploited in terms of tourism. Furthermore, the purpose is to realize a concrete study specifically on how the employment degree of an agrotourist household influences payback time. Were analyzed cases considered: (I.a) total investment, without loans, (I.b) total investment, subsidized with 50% case, (II.a) investment with 10 year loan, advance 50%, 7% interest, (II.b.) 10 year loan investment with 50% advance, interest 7%, subsidized with 50% case, (III.a) the investment with 10 year loan, advance 0%, 7%interest (III.b.) investment with 10 year loan, advance 0% 7% interest, subsidized with 50% case.
SGEM Research areas:
Year:
2016
Type of Publication:
In Proceedings
Keywords:
investments; agrotourist establishments; recovery
Volume:
16
SGEM Book title:
3rd International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM2016
Book number:
2.3
SGEM Series:
International Multidisciplinary Scientific Conference on Social Sciences and Arts-SGEM
Pages:
705-712
Publisher address:
51 Al. Malinov blvd, Sofia, 1712, Bulgaria
SGEM supporters:
SWS Scholarly Society; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Russian Acad Sci; Serbian Acad Sci & Arts; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; European Acad Sci, Arts & Letters; Acad Fine Arts Zagreb Croatia; C
Period:
24-30 August, 2016
ISBN:
978-619-7105-74-2
ISSN:
2367-5659
Conference:
3rd International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM2016, 24-30 August, 2016
DOI:
10.5593/SGEMSOCIAL2016/B23/S07.088
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