Rural tourism development and financing in Romania: A supply-side analysis

Daniel Bădulescu, Adriana Giurgiu, Nicolae Istudor, Alina Bădulescu · 2015 · Agricultural Economics (Zemědělská ekonomika)

Summary. Rural tourism businesses in Romania can drive sustainable development by leveraging natural and cultural resources, but they struggle to secure bank financing. Banks identify these ventures as risky due to poor management, seasonality, and small scale, yet recognize their resilience. Rural tourism firms must diversify income, form associations, and maintain healthy debt levels to attract funding. Private domestic banks prove more willing to finance rural tourism than other bank types, and EU co-financing programs offer promising pathways for growth.

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@article{b-dulescu-2015-rural-tourism-development-financing-romania,
  title   = {Rural tourism development and financing in Romania: A supply-side analysis},
  author  = {Daniel Bădulescu and Adriana Giurgiu and Nicolae Istudor and Alina Bădulescu},
  journal = {Agricultural Economics (Zemědělská ekonomika)},
  year    = {2015},
  doi     = {10.17221/94/2014-agricecon},
  url     = {https://doi.org/10.17221/94/2014-agricecon}
}

TY  - JOUR
TI  - Rural tourism development and financing in Romania: A supply-side analysis
AU  - Daniel Bădulescu
AU  - Adriana Giurgiu
AU  - Nicolae Istudor
AU  - Alina Bădulescu
JO  - Agricultural Economics (Zemědělská ekonomika)
PY  - 2015
DO  - 10.17221/94/2014-agricecon
UR  - https://doi.org/10.17221/94/2014-agricecon
ER  - 

Details

DOI

10.17221/94/2014-agricecon

Countries

Romania

Regions

Europe

Categories

entrepreneurship, funding, regional-innovation-systems

Added

2026-04-28