{"id":120332,"date":"2019-02-11T00:00:00","date_gmt":"2019-02-10T22:00:00","guid":{"rendered":"https:\/\/rhn.ro\/holiday-vouchers-have-a-significant-impact-on-the-romanian-tourism-sector\/"},"modified":"2026-03-27T20:24:36","modified_gmt":"2026-03-27T18:24:36","slug":"holiday-vouchers-have-a-significant-impact-on-the-romanian-tourism-sector","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/holiday-vouchers-have-a-significant-impact-on-the-romanian-tourism-sector\/","title":{"rendered":"Holiday vouchers have a significant impact on the Romanian tourism sector"},"content":{"rendered":"<p>Holiday vouchers have a significant impact on the Romanian tourism sector <\/p>\n<div>Tourism in Romania is on an upward trend, and holiday vouchers have contributed significantly to this growth. From employees and employers to travel agencies, everyone reports being very satisfied or satisfied with the holiday voucher system, according to a survey conducted by the Federation of the Romanian Hotel Industry (FIHR).<\/div>\n<div><\/div>\n<div>Thus, in August 2018, the value of holiday vouchers was 17.1 million EUR, with approximately 1.3 million paper vouchers issued, worth 14.1 million EUR, and over 264,000 electronic vouchers, worth 3 million EUR.<\/div>\n<div><\/div>\n<div>The value of holiday vouchers issued between January and August reached 223 million EUR.<\/div>\n<div><\/div>\n<div>&#8211; Effects reported by beneficiaries: rediscovering Romania as an interesting holiday destination (56.6%), recovering physical and intellectual energy (55.5%), reducing the psychological, physical, and intellectual effects of fatigue (46%), increasing work capacity\/health status (35.7%), developing\/improving family relationships and the balance between professional and family life (35.7%), and satisfying social and cultural-educational needs (24.6%), according to the survey by the Romanian Hotel Industry Federation.<\/div>\n<div>&#8211; Effects reported by employers: increased employee motivation and loyalty (89.2%), increased employee labor productivity (38.4%), increased work capacity\/health status (26%), reduction in medical leave (25%), and increased efficiency (15%).<\/div>\n<div>&#8211; Effects seen by tourism operators: increased number of clients (78.8%), increased turnover (72.7%), increased occupancy rate (72.7%), business development\/consolidation (36.4%), and reduction in tax evasion (21.2%).<\/div>\n<div>&#8211; Effects seen by travel agencies: increased number of clients (88.1%), increased turnover (44.4%), increased occupancy rate (39.7%), reduction in tax evasion (33.1%), and business development\/consolidation (31.8%).<\/div>\n<div>&#8211; Effects of holiday vouchers on the state budget &#8211; for an allocation of 400 million EUR, the state recovered as direct benefits: 3.5% from revenues, 13.45% from taxation of amounts associated with granted salaries, 7.5% from taxation of other expenses, and 12.53% from taxation of investments generated in tourism; and as indirect benefits: reduction of undeclared work, reduction of tax evasion, increased labor productivity (reduction of absenteeism and medical leave), and the multiplier effect of tourism in complementary economic branches.<\/div>\n<div><\/div>\n<div>&ldquo;We estimate that the total financial benefits, direct and indirect, for the state budget (including the social insurance\/health budget) reach a level of 45-50% of the value of the vouchers issued, at the level of the year of issuance,&rdquo; stated FIHR representatives.<\/div>\n<div><\/div>\n<div>The Government decided to grant vouchers in both 2019 and 2020. Thanks to the vouchers, the number of tourists in Romania has increased significantly.<\/div>\n<p>Source: <a href=\"http:\/\/www.wall-street.ro\" data-wplink-url-error=\"true\">Wall-Street<\/a><\/p>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>What is the impact of holiday vouchers on the state budget?<\/strong><\/p>\n<p>The state recovers approximately 45-50% of the vouchers&#8217; value through direct taxes and indirect benefits, such as reduced tax evasion and undeclared work.<\/p>\n<p><strong>What benefits do these vouchers provide to employees?<\/strong><\/p>\n<p>They contribute to physical energy recovery, the rediscovery of domestic destinations, and an improved balance between professional and family life.<\/p>\n<p><strong>How have vouchers influenced the activity of tourism operators?<\/strong><\/p>\n<p>Operators reported an increase of over 78% in client numbers and a significant improvement in occupancy rates and turnover.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Holiday vouchers have a significant impact on the Romanian tourism sector Tourism in Romania is on an upward trend, and holiday vouchers have contributed significantly to this growth. From employees and employers to travel agencies, everyone reports being very satisfied or satisfied with the holiday voucher system, according to a survey conducted by the Federation&hellip;<\/p>\n","protected":false},"author":0,"featured_media":67570,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2858],"tags":[],"thb-sponsors":[],"class_list":["post-120332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tourism"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/turism-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/120332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=120332"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/120332\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/67570"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=120332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=120332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=120332"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=120332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}