The Circular Economy and the Role of Stakeholders in the Sustainability of Tourism in Romania

Abstract

The circular economy is considered one of the most pertinent solutions to major contemporary socioeconomic and environmental sustainability challenges. This paper seeks to highlight the roles that stakeholders play in sustainable tourism in the country, as well as identify some of the challenges in developing competitive advantage through the circular economy. The present research aims to evaluate the level of involvement of public and private sector organizations in circular economy practices and to characterize the current state of implementation of circular practices and strategies in private and public organizations. The conclusion of this study
is that the challenges in the tourism industry in Romania are many and the involvement of public and private sector organizations are essential to achieve a transition to the circular economy in the tourism sector.