Forecasting Tourism Demand

Author : Douglas Frechtling
Publisher : Routledge
Page : 279 pages
File Size : 48,8 Mb
Release : 2012-05-23
Category : Business & Economics
ISBN : 9781136402425

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Forecasting Tourism Demand by Douglas Frechtling Pdf

'Forecasting tourism demand' is a text that no tourism professional can afford to be without. The tourism industry has experienced an overwhelming boom over recent years, and being able to predict future trends as accurately as possible is vital in the struggle to stay one step ahead of the competition. Building on the success of 'Practical Tourism Forecasting' this text looks at 13 methods of forecasting and with a user friendly style, 'Forecasting Tourism Demand' guides the reader through each method, highlighting its strengths and weaknesses and explaining how it can be applied to the tourism industry. 'Forecasting Tourism Demand' employs charts and tables to explain how to: * plan a forecasting project * analyse time series and other information * select the appropriate forecasting model * use the model for forecasting and evaluate its results Ideal for marketing managers and strategic planners in business, transportation planners and economic policy makers in government who must project demand for their products among tourists. Executives who rely on forecasts prepared by others will find it invaluable in assisting them to evaluate the validity and reliability of predictions and forecasts. Those engaged in analysing business trends will find it useful in surveying the future of what has been called the largest industry in the world.

Author : Douglas Frechtling
Publisher : Routledge
Page : 305 pages
File Size : 50,5 Mb
Release : 2012-05-23
Category : Business & Economics
ISBN : 9781136402418

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Forecasting Tourism Demand by Douglas Frechtling Pdf

'Forecasting tourism demand' is a text that no tourism professional can afford to be without. The tourism industry has experienced an overwhelming boom over recent years, and being able to predict future trends as accurately as possible is vital in the struggle to stay one step ahead of the competition. Building on the success of 'Practical Tourism Forecasting' this text looks at 13 methods of forecasting and with a user friendly style, 'Forecasting Tourism Demand' guides the reader through each method, highlighting its strengths and weaknesses and explaining how it can be applied to the tourism industry. 'Forecasting Tourism Demand' employs charts and tables to explain how to: * plan a forecasting project * analyse time series and other information * select the appropriate forecasting model * use the model for forecasting and evaluate its results Ideal for marketing managers and strategic planners in business, transportation planners and economic policy makers in government who must project demand for their products among tourists. Executives who rely on forecasts prepared by others will find it invaluable in assisting them to evaluate the validity and reliability of predictions and forecasts. Those engaged in analysing business trends will find it useful in surveying the future of what has been called the largest industry in the world.

Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 55,5 Mb
Release : 2001
Category : Electronic
ISBN : OCLC:742283994

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Forecasting Tourism Demand by Anonim Pdf

Author : Haiyan Song,S.F. Witt
Publisher : Routledge
Page : 183 pages
File Size : 45,7 Mb
Release : 2012-08-21
Category : Business & Economics
ISBN : 9781136353550

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Tourism Demand Modelling and Forecasting by Haiyan Song,S.F. Witt Pdf

The phenomenal growth of both the world-wide tourism industry and academic interest in tourism over the last thirty years has generated great interest in tourism demand modelling and forecasting from both sectors. However, the tendency for researchers and practitioners engaged in quantitative causal tourism modelling and forecasting to run many regression equations and try to choose the 'best' model based on various parametric and non-parametric criteria has been widely criticised as failing to provide credible results. The aim of this book is to present the recent advances in econometric modelling methodology within the context of tourism demand analysis at a level that is accessible to non-specialists, and to illustrate these new developments with actual tourism applications. The book begins with an introduction to the fundamentals of tourism demand analysis, before addressing the problems of traditional tourism demand modelling and forecasting, i.e. data mining and spurious regression due to common trends in the time series. Three chapters explore the general-to-specific approach to tourism demand modelling and forecasting, including the use of autoregressive distributed lag processes, cointegration analysis and error correction models. The time varying parameter model together with the use of the Kalman filter as an estimation method is a useful tool for examining the effects of regime shifts on tourism demand elasticities: this is explored next. The panel data approach is introduced as a way of overcoming the problem of estimation and forecasting biases caused by insufficient time series data. The book concludes by evaluating the empirical forecasting performance of the various models and putting forward some general conclusions.

Author : Luiz Moutinho,Alfonso Vargas-Sanchez
Publisher : CABI
Page : 378 pages
File Size : 53,6 Mb
Release : 2018-02-26
Category : Business & Economics
ISBN : 9781786390240

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Strategic Management in Tourism, 3rd Edition. CABI Tourism Texts by Luiz Moutinho,Alfonso Vargas-Sanchez Pdf

This comprehensive textbook has, at its core, the importance of linking strategic thinking with action in the management of tourism. It provides an analytical evaluation of the most important global trends, as well as an analysis of the impact of crucial environmental issues and their implications. Now in its third edition, and reviewing the major factors affecting international tourism management, this well-established student resource provides an essential overview of strategic management for students and professionals in the tourism sector.

Author : Kevin Wong,Haiyan Song
Publisher : Routledge
Page : 160 pages
File Size : 50,6 Mb
Release : 2012-10-12
Category : Business & Economics
ISBN : 9781136411557

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Tourism Forecasting and Marketing by Kevin Wong,Haiyan Song Pdf

Stay up to date with the most effective practices in tourism demand forecasting! Tourism Forecasting and Marketing presents vital, up-to-date research on the latest practice and applications of tourism demand modeling and forecasting. The book addresses both econometric and time series approaches to forecasting, focusing on the concepts, model specification, data analysis, and methodologies used in day-to-day tourism planning. An international panel of practitioners and academics call on a diverse range of empirical research findings to discuss commonly used theoretical frameworks for forecasting and future directions tourism demand is likely to take. Tourism Forecasting and Marketing presents research findings from the United States, the United Kingdom, Asia, and Australia that are invaluable for guiding government and private sector tourism investment and development decisions. The book addresses traditional versus modern forecasting techniques; evaluations of current and past forecasting methods; modeling and forecasting destination choice; and the impact of forecasting and marketing on tourism demand. Topics include: using time series models to forecast inbound tourism demand for China and Greece determining the economic factors that influence tourism demand in Hong Kong, Indonesia, and Malaysia examining domestic travel expenditures in South Korea developing a model to forecast ski tourism using the Palmore cohort analysis for tourism forecasting and much more! Tourism Forecasting and Marketing is an important textbook for educators and students working in tourism policy planning and management, and tourism marketing. The book is equally effective as a reference for travel and tourism researchers, and for professionals dealing with tourism demand analysis and forecasting.

Author : Doris Chenguang Wu,Gang Li,Haiyan Song
Publisher : Taylor & Francis
Page : 327 pages
File Size : 52,9 Mb
Release : 2022-10-27
Category : Business & Economics
ISBN : 9781000773446

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Econometric Modelling and Forecasting of Tourism Demand by Doris Chenguang Wu,Gang Li,Haiyan Song Pdf

This insightful and timely volume provides a succinct, expert-led introduction to the latest developments in advanced econometric methodologies in the context of tourism demand modelling and forecasting. Written by a plethora of worldwide experts on this topic, this book offers a comprehensive approach to tourism econometrics. Accurate demand forecasts are crucial to decision-making in the tourism industry and this book provides real-life tourism applications and the corresponding R code alongside theoretical foundations, in order to enhance understanding and practice amongst its readers. The methodologies introduced include general to specific modelling, cointegration, vector autoregression, time-varying parameter modelling, spatiotemporal econometric models, mixed-frequency forecasting, hybrid forecasting models, forecasting combination techniques, density forecasting, judgemental forecasting, scenario forecasting under crisis, and web-based tourism forecasting. Embellished with insightful figures and tables throughout, this book is an invaluable resource for those using advanced econometric methodologies in their studies and research, including both undergraduate and postgraduate students, researchers, and practitioners.

Author : Stephen F. Witt,Christine A. Witt,Christine Hope
Publisher : Unknown
Page : 216 pages
File Size : 52,7 Mb
Release : 1992
Category : Business & Economics
ISBN : WISC:89046274189

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Modeling and Forecasting Demand in Tourism by Stephen F. Witt,Christine A. Witt,Christine Hope Pdf

Based on data on outbound tourism from France and Germany collected through personal interviews of residents or micro censuses covering the period 1965 to 1983; and from the UK for the period 1965 to 1985 and the USA for the period 1965 to 1984 through surveys carried out at airports and seaports. Additional surveys record USA land border crossing tourist data.

Author : Jennifer Raga
Publisher : Unknown
Page : 0 pages
File Size : 49,6 Mb
Release : 2022
Category : Electronic
ISBN : 1774693232

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Tourism Demand Forecasting by Jennifer Raga Pdf

Author : World Tourism Organization
Publisher : Unknown
Page : 104 pages
File Size : 46,6 Mb
Release : 2008
Category : Business & Economics
ISBN : MINN:31951D02920054D

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Handbook on Tourism Forecasting Methodologies by World Tourism Organization Pdf

This handbook aims to be a simple guide to the complex world of tourism forecasting. The chapters set out the basic forecasting techniques explaining their advantages and disadvantages and providing examples. The handbook also includes an excel file where the following methodologies are further explained and exemplified: simple linear regression; decomposition; differencing; no-change models; moving average models; single exponential smoothing. The handbook seeks to contribute to the further development and understanding of tourism in general and encourage more organisations and individuals to engage in the forecasting process and enhance strategic planning and sustainable development of tourism.

Author : Douglas C. Frechtling
Publisher : Routledge
Page : 245 pages
File Size : 46,5 Mb
Release : 1996
Category : Business & Economics
ISBN : 0750608773

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Practical Tourism Forecasting by Douglas C. Frechtling Pdf

Practical Tourism Forecasting is the first step-by-step guide to forecasting tourism demand. It emphasizes how alternative forecasting methods organize information about the past to shed light on the future. It highlights the strengths and weaknesses of each of 13 different forecasting techniques and presents rules for determining the optimum model for a given tourism forecasting project. Using examples from the lodging, destination, airline and international tourism sectors, this book employs charts and tables to explain how to *plan a forecasting project *analyze time series and other information *select the appropriate forecasting model * use the model for forecasting and evaluate its results. 'Practical Tourism Forecasting' is ideal for postgraduate students in tourism and hospitality degree programs specializing in marketing, finance and operations. It is also well-suited to managers and administrators who must project demand for their products among tourists. Executives who rely on forecasts prepared by others will find it will assist them in evaluating the validity and reliability of these predictions. Those engaged in analyzing business trends broadly will find it helpful in surveying the future of what has been called the largest industry in the world. Foreword written by J.Willard Marriott, Chairman and Chief Executive Officer, Marriott International, Washington DC. Step-by-step guide to forecasting tourism demand Extensive use of practical examples 'The principles can certainly be applied to other industries, so anyone looking for an exemplary textbook on forecasting can benefit from this book.' The Futurist,1997

Author : Haiyan Song,S.F. Witt
Publisher : Routledge
Page : 182 pages
File Size : 48,9 Mb
Release : 2012-08-21
Category : Business & Economics
ISBN : 9781136353567

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Tourism Demand Modelling and Forecasting by Haiyan Song,S.F. Witt Pdf

The phenomenal growth of both the world-wide tourism industry and academic interest in tourism over the last thirty years has generated great interest in tourism demand modelling and forecasting from both sectors. However, the tendency for researchers and practitioners engaged in quantitative causal tourism modelling and forecasting to run many regression equations and try to choose the 'best' model based on various parametric and non-parametric criteria has been widely criticised as failing to provide credible results. The aim of this book is to present the recent advances in econometric modelling methodology within the context of tourism demand analysis at a level that is accessible to non-specialists, and to illustrate these new developments with actual tourism applications. The book begins with an introduction to the fundamentals of tourism demand analysis, before addressing the problems of traditional tourism demand modelling and forecasting, i.e. data mining and spurious regression due to common trends in the time series. Three chapters explore the general-to-specific approach to tourism demand modelling and forecasting, including the use of autoregressive distributed lag processes, cointegration analysis and error correction models. The time varying parameter model together with the use of the Kalman filter as an estimation method is a useful tool for examining the effects of regime shifts on tourism demand elasticities: this is explored next. The panel data approach is introduced as a way of overcoming the problem of estimation and forecasting biases caused by insufficient time series data. The book concludes by evaluating the empirical forecasting performance of the various models and putting forward some general conclusions.

Author : Song
Publisher : Unknown
Page : 550 pages
File Size : 54,5 Mb
Release : 2024-06-17
Category : Electronic
ISBN : 184720984X

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Tourism Demand Forecasting by Song Pdf

Author : Haiyan Song,Stephen F. Witt,Gang Li
Publisher : Routledge
Page : 234 pages
File Size : 42,7 Mb
Release : 2008-12-09
Category : Business & Economics
ISBN : 9781135852979

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The Advanced Econometrics of Tourism Demand by Haiyan Song,Stephen F. Witt,Gang Li Pdf

Tourism demand is the foundation on which all tourism-related business decisions ultimately rest. This book introduces students, researchers and practitioners to the modern developments in advanced econometric methodology within the context of tourism demand analysis and illustrates these developments with actual tourism applications.

Author : Rob J Hyndman,George Athanasopoulos
Publisher : OTexts
Page : 380 pages
File Size : 54,5 Mb
Release : 2018-05-08
Category : Business & Economics
ISBN : 9780987507112

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Forecasting: principles and practice by Rob J Hyndman,George Athanasopoulos Pdf

Forecasting is required in many situations. Stocking an inventory may require forecasts of demand months in advance. Telecommunication routing requires traffic forecasts a few minutes ahead. Whatever the circumstances or time horizons involved, forecasting is an important aid in effective and efficient planning. This textbook provides a comprehensive introduction to forecasting methods and presents enough information about each method for readers to use them sensibly.