Romania is a country located in Southeastern Europe. It is bordered by Hungary, Serbia, Ukraine, the Republic of Moldova and Bulgaria to the south. Besides Romania has a stretch of sea coast along the Black Sea. Tourism in Romania focuses on the country's rich history, natural sceneries and landscapes. The number of tourists is growing every year and tourism is becoming an increasingly important source for Romania's economy that is is characterized by a huge potential for tourism with about 7 million people now visiting every year. Number of tourists visiting this country grows each year. Tourism is a significant contributor to the Romanian economy and GDP. In the mid 90s the government promoted the development of skiing in the Romanian Carpathians. Tourism after commerce is the second largest component of the services sector. The four most important trade fairs take place in Bucharest, Iaşi and Timişoara. Tourism is one of the fastest developing sectors in Romania. According to some travel agencies, 17 of the 100 best hotels of the world are located in Romania. Over the years, Romania has emerged as a popular tourist destination for many travelers, often competing with Greece, Italy and Spain. Romania destinations such as Constanta and Mamaia have become very popular among European tourists.