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on Tourism Economics |
| By: | Tanaka, Kiyoyasu |
| Abstract: | Forecasting tourism demand is crucial for management decisions in the tourism sector. Estimating a vector autoregressive (VAR) model for monthly visitor arrivals disaggregated by three entry points in Cambodia for the years 2006–2015, I forecast the number of arrivals for years 2016 and 2017. The results show that the VAR model fits well with the data on visitor arrivals for each entry point. Ex post forecasting shows that the forecasts closely match the observed data for visitor arrivals, thereby supporting the forecasting accuracy of the VAR model. Visitor arrivals to Siem Reap and Phnom Penh airports are forecast to increase steadily in future periods, with varying fluctuations across months and origin countries of foreign tourists. |
| Keywords: | Tourism, Econometric model, Tourism demand, Visitor arrivals, Forecasting, VAR, Cambodia |
| JEL: | C53 L83 Z32 |
| Date: | 2016–06 |
| URL: | http://d.repec.org/n?u=RePEc:jet:dpaper:dpaper601&r=tur |
| By: | Tor Korneliussen; Michael Greenacre |
| Abstract: | This study investigates which information sources European tourists use when making decisions about their travel/ holiday plans. Using survey data based on national representative samples of tourists from 27 member countries of the European Union allows generalizable conclusions to be drawn. The data were analysed using correspondence analysis of overall country data. The findings indicate that there are systematic differences in how information sources are related to one another and that the various national cultures within the European Union have influence on tourists' use of information sources. Six segments of information source behaviour are revealed. These segments reflect economic development and the national cultures of European nations. Management implications are highlighted. The findings of this study can be used to segment tourists' use of information sources according to economic development and national culture. |
| Keywords: | Cross-cultural, information search, European Union, economic development, national culture, tourism. |
| JEL: | Z32 C19 C38 C55 |
| Date: | 2016–06 |
| URL: | http://d.repec.org/n?u=RePEc:upf:upfgen:1527&r=tur |