Romanians spend over 480 million Euro on vacation, business travels in first quarter
Romanian residents spent over 480 million Euro on vacation and business travels in the first quarter of this year, of which 77.6 percent for those targeting domestic destinations, according to data centralized by the National Statistics Institute (INS).
Of the total tourist expenses for vacation trips in the first quarter of 2020, 81.3 percent represented travel expenses in the country and 18.7 percent for foreign travels.
The peak month for holidays in both the country and abroad was January, with 72.5 percent of total domestic travel and 63.5 percent of all foreign travel. The peak month for business trips was February for both domestic trips, with a share of 46.4 percent and for foreign travels, with a share of 43.4 percent.
In the proportion of 96.3 percent foreign holidays made in the first quarter of 2020 were aimed at countries in Europe, with European Union countries accounting for 85.0 percent of all such trips.