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on Tourism Economics |
| By: | KONISHI Yoko; SAITO Takashi |
| Abstract: | Since 2012, the number of inbound tourists has increased every year, and new records of tourism-related economic indicators are being updated in Japan. On the other hand, the sudden inbound boom has led to a concentration of travel destinations, and over-tourism has become a problem in various places. In this paper, we first statistically observe the concentration of tourists by accommodation type for each country of origin. Second, by identifying tourism amenities that contribute to inbound demand, we gain the knowledge necessary to shift demand from facilities with a high concentration of inbound tourists to facilities with lower occupancy. For the analysis, we utilized establishment data from the "Accommodation Travel Statistics Survey," OTA (Online Travel Agency) information, and data on tourism resources by region. The results show that the number of rooms, average price, membership of the hotel in a chain, internet availability, room type, number of World Heritage sites, and number of direct flights positively affect inbound demand. In particular, for Ryokan (Japanese style inn) with low occupancy rates and inbound guest ratios, independence of the Ryokan, internet availability, Western-style room availability, number of World Heritage sites, and hot spring facilities are effective in capturing demand. |
| Date: | 2020–02 |
| URL: | http://d.repec.org/n?u=RePEc:eti:rdpsjp:20014&r=all |
| By: | Simplice A. Asongu (Yaounde, Cameroon); Paul N. Acha-Anyi (Walter Sisulu University, South Africa) |
| Abstract: | This study complements existing literature by investigating how military expenditure can modulate the effect of terrorism externalities on tourism. The geographical and temporal scopes are 163 countries and the period 2010-2015. The empirical evidence is based on negative binomial regressions. Terrorism externalities are measured in terms of terror-related incidents, injuries, fatalities and damaged properties. We find that military expenditure significantly lessens the destructive impact of these terror-related incidents in order to induce positive net effects on tourism. This finding is robust to all measurements of terrorism. Homicides and violent demonstrations reduce tourists’ arrivals whereas the rate of incarceration of convicted offenders has the opposite effect. The analysis is extended to income levels and regions in order to provide more opportunities for policy implications. Justifications for differences in these comparative tendencies are discussed. |
| Keywords: | Military Expenditure; Terrorism; Tourism |
| JEL: | D74 H56 Z32 Z38 |
| Date: | 2019–01 |
| URL: | http://d.repec.org/n?u=RePEc:abh:wpaper:19/062&r=all |
| By: | Longman, John; Williams, Timothy |
| Abstract: | Brand confusion takes place when a person views an advertisement for a particular brand as a communication about a different brand. This empirical study was conducted in a sample of 134 men and women and based on 24 mass tourism destination advertisements of 8 different Mediterranean countries. Advertisements that were perceived as likeable and distinctive, and that were not information-overloaded suffered less from brand confusion. Destination brands with weak advertising support were found to be more vulnerable to brand confusion. Consumers with higher levels of product category involvement and higher levels of brand awareness and brand loyalty appear to confuse mass tourism destination brands less frequently. |
| Keywords: | mass tourism, destination promotion, advertising campaigns, brand confusion |
| JEL: | L83 M37 |
| Date: | 2020–02–10 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:99367&r=all |
| By: | Gartner, Simone; Nicholson, Alexander; Christou, Eleftherios |
| Abstract: | The research presented in this manuscript investigates consumers’ experiences with technology-related service encounters, through examining the validity of Mick and Fournier’s paradoxes of technology adoption to the social media as a marketing channel in tourism and its impact on business economic performance. Qualitative research was performed to examine consumers’ attitudes when using social media as marketing and purchasing channels and the results were compared to those of Mick and Fournier. Findings appear comparable, indicating that when consumers adopt online distribution channels, they also develop positive and negative attitudes. Findings of this survey also indicate that the type of some of the paradoxes experienced by consumers may depend on the particular industry and the medium being investigated. Last, conclusions are presented in relation to the economic performance of the tourism businesses using social media as marketing and distribution channels. |
| Keywords: | adoption of innovations, economic performance, social media, distribution, tourism marketing |
| JEL: | L83 M31 O14 |
| Date: | 2020–03–16 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:99194&r=all |
| By: | Sotiriadis, Marios; Magadán-Díaz, Marta; Rivas-García, Jesús |
| Abstract: | Eco-innovation is a challenge for tourism industry, given the connection and interrelationship between environmental quality, economic development and business performance. Th eco-innovation plans represents a new field of research in its infancy. This paper addresses the conceptual evolution of eco-innovation to subsequently develop an analytical framework that tentatively explores this concept and its implementation in Spanish hotel companies through two basic internal characteristics of these organizations: their economic development and business performance, and their respective size, measured in terms of capacity. A qualitative research method was implied, making a set of case studies of 10 Spanish hotel groups, through documentary evidence and structured interviews. Findings suggest the influencing and determining factors for eco-innovation action. |
| Keywords: | Eco-innovation, economic development, environmental responsibility, hospitality industry, drivers, organizational change, Spain |
| JEL: | L83 Q56 |
| Date: | 2018–10–28 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:99161&r=all |
| By: | Barusman, Andala Rama Putra; Rulian, Evelin Putri; Susanto, Susanto (Universitas Bandar Lampung) |
| Abstract: | Taking a case study of tourism as hospitality industry in Lampung Province in Indonesia, we analyze the antecedent of customer satisfaction and its impact on customer retention. Using Structural Equation Model (SEM), we find that customer relationship management has a significant impact on service quality, customer satisfaction and customer retention. |
| Date: | 2020–03–12 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:af8pb&r=all |
| By: | Kono, Tatsuhito; Yoshida, Jun |
| Abstract: | The Travel Cost Method (TCM) is a typical benefit measurement method, using the fact that people substitute the benefit of visiting some sites for their travel cost. However, in the case of tourist sites, travelers do not choose the number of days spent in a tourist city as continuous numbers but integer numbers. We investigate how a bias could arise from ignoring integer numbers of nights in TCM. We derive the formula of what factors constitute the bias. Next, we numerically show that when measuring benefits of improving quality at sites, the maximum bias could be around 20%. |
| Keywords: | Project Evaluation, Travel cost method, Integer property |
| JEL: | Q26 Q56 |
| Date: | 2020–03–24 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:99244&r=all |
| By: | Andrew A. Alola (Istanbul Gelisim University, Turkey); Simplice A. Asongu (Yaoundé, Cameroon); Uju V. Alola (Istanbul Gelisim University, Turkey) |
| Abstract: | This study investigates the nexus between tourism development and house prices in the Republic of Cyprus over the period spanning from 2005Q1 to 2016Q4. Tourism indicators vis-Ã -vis tourism arrivals along with other explanatory variables (domestic credit, land area per person, and the consumer price index) are employed in a multivariate Autoregressive Distributed Lag (ARDL)-bound test model. The empirical results indicate a significant evidence of cointegration. Indicatively, an observed adjustment of about 44% from short-run to long-run implies that the model is not relatively slow to adjust to disequilibrium. Importantly, a percent increase in tourism arrivals is observed to cause a rise in house price by about 37%. Expectedly, it is statistically observed that as the land area per person decreases, it is accompanied by a hike in house price. Also, the impacts of domestic credit offered to private enterprises and the consumer price index are different from the results in previous studies. As a policy guide, the government of Cyprus and stakeholders in the tourism and housing sectors should outline a strategy that will ensure the social welfare of people such that housing availability is not hampered by tourism activities. |
| Keywords: | house prices; tourism; domestic credit; cointegration; ARDL; Republic of Cyprus |
| JEL: | C22 O50 R31 |
| Date: | 2019–01 |
| URL: | http://d.repec.org/n?u=RePEc:abh:wpaper:19/067&r=all |
| By: | naryono, endang (STIE PASIM SUKABUMI) |
| Abstract: | This study aims to determine and analyze the analysis using SWOT analysis which includes Strengths, Weakness, Opportunities, Threats as one of the strategies to improve competitiveness in Anugrah Hotel Sukabumi. This research is a type of associative descriptive research using primary data that is collecting data for hypothesis testing and answering questions from research subjects by collecting through a list of questions with survey research instruments. This research uses triangulation method. The population in this study is Anugrah Hotel Sukabumi. The data used are primary and secondary data. Data collection techniques in this study were carried out through interviews and observations. The research method used is a descriptive qualitative analysis research method. The results of the study show that currently Anugrah Hotel Sukabumi has not fully utilized the opportunities available. The strategy implemented by Anugrah Hotel Sukabumi has not yet fully used a good marketing strategy, for that Anugrah Hotel Sukabumi must implement a suitable strategy to use in optimizing its competitiveness by managing hotels by evaluating and implementing the strategies that must be achieved. By improving marketing strategies and increasing hotel facilities so as to provide satisfaction and desire for patients in Anugrah Hotel Sukabumi. |
| Date: | 2020–03–12 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:mtk6e&r=all |
| By: | Breisinger, Clemens; Abdelatif, Abla; Raouf, Mariam; Wiebelt, Manfred |
| Abstract: | Egypt’s recent economic success will almost certainly be interrupted by the COVID-19 pandemic. We examine the likely impact on the Egyptian economy of a significant reduction in tourism, payments received from the Suez Canal, and remittances from Egyptians working abroad because of the slowdown in the global economy due to the COVID-19 virus. Our results suggest that COVID-19 could reduce national GDP by between 0.7 and 0.8 percent (EGP 36 to 41 billion) for each month that the global crisis continues. Similarly, household consumption and expenditure is estimated to decline on average by between EGP 153 and EGP 180 per person per month, which is between 9.0 and 10.6 percent of average household income. The cumulative loss in GDP from these three external shocks alone could amount to between 2.1 and 4.8 percent of annual GDP in 2020 if the crisis lasts for 3 to 6 months. While the country’s focus currently is rightly on fighting the health crisis and mitigating its immediate impacts, planning on how to re-open the economy should also start now. |
| Keywords: | EGYPT, ARAB COUNTRIES, MIDDLE EAST, SOUTHWESTERN ASIA, ASIA, Coronavirus, tourism, Suez Canal, pandemics, remittances, household income, economic situation, economic crises, Covid-19 |
| Date: | 2020 |
| URL: | http://d.repec.org/n?u=RePEc:fpr:menapn:4&r=all |