Research Paper

Cultural values, Tourism valorization and authenticity: The Case of Vrnjačka Banja

Nataša Đorđević

DP

Danijela Pantović

MS

Marijana Seočanac

Journal Information

Journal

The European Journal of Applied Economics

Volume / Issue

Vol. 20, No. 1 (2023)

Pages

93–106

Published

16 March 2023

DOI

10.5937/EJAE20-42657

Abstract

In recent years, there has been an increasing research interest and potential of cultural heritage tourism. The potential of the Republic of Serbia's cultural legacy has, however, received little attention. The paper, after providing a theoretical framework in the context of cultural heritage tourism, analyzes the impact of tourism commercialization and authenticity on the loyalty and satisfaction of tourists in Vrnjačka Banja using PLS-SEM method. The results of this study make it possible to identify the potential for new segments of tourism and new tourist offers. The originality of the paper belongs to the development of the emerging forms of tourism. The paper will show how, in an innovative way, the needs of tourists can be met with the abandoned ruins of old villas and new tourist products can be created.

Keywords

cultural tourismcultural heritageold villastourism valorizationauthenticity

Citation

Nataša Đorđević, Danijela Pantović, Marijana Seočanac (2023). Cultural values, Tourism valorization and authenticity: The Case of Vrnjačka Banja The European Journal of Applied Economics. 20(1) 93–106. DOI: 10.5937/EJAE20-42657