Tourism demand forecasting - a review on the variables and models
Alongside with the growth of the tourism industry, researchers took advantage to conduct numerous studies in forecasting of tourism demand. The objective of this paper is to review the studies on tourism demand starting from 2010 to 2018 which varies on the independent variable such as tourist incom...
| Main Authors: | , , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
IOP Publishing
2019
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| Subjects: | |
| Online Access: | http://umpir.ump.edu.my/id/eprint/26472/13/Tourism%20demand%20forecasting.pdf |
| _version_ | 1796993676419792896 |
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| author | Sarah, Mohd Khaidi Noratikah, Abu Noryanti, Muhammad |
| author_facet | Sarah, Mohd Khaidi Noratikah, Abu Noryanti, Muhammad |
| author_sort | Sarah, Mohd Khaidi |
| collection | UMP |
| description | Alongside with the growth of the tourism industry, researchers took advantage to conduct numerous studies in forecasting of tourism demand. The objective of this paper is to review the studies on tourism demand starting from 2010 to 2018 which varies on the independent variable such as tourist income, exchange rate, gross domestic product, and others. Besides, this study will focus on the models used to forecast and analyse tourism demand which are time-series model, economic causal model and artificial intelligence model. The result from this review shows it is difficult to conclude which models performed the best for tourism demand. However, it is worth to mention that combined models outperformed single model in most of the studies. Furthermore, the authors mentioned about the roles of tourism practitioners in the industry, tourism seasonality and suggestions for further studies in the future. |
| first_indexed | 2024-03-06T12:37:18Z |
| format | Conference or Workshop Item |
| id | UMPir26472 |
| institution | Universiti Malaysia Pahang |
| language | English |
| last_indexed | 2024-03-06T12:37:18Z |
| publishDate | 2019 |
| publisher | IOP Publishing |
| record_format | dspace |
| spelling | UMPir264722019-12-04T07:00:33Z http://umpir.ump.edu.my/id/eprint/26472/ Tourism demand forecasting - a review on the variables and models Sarah, Mohd Khaidi Noratikah, Abu Noryanti, Muhammad T Technology (General) Alongside with the growth of the tourism industry, researchers took advantage to conduct numerous studies in forecasting of tourism demand. The objective of this paper is to review the studies on tourism demand starting from 2010 to 2018 which varies on the independent variable such as tourist income, exchange rate, gross domestic product, and others. Besides, this study will focus on the models used to forecast and analyse tourism demand which are time-series model, economic causal model and artificial intelligence model. The result from this review shows it is difficult to conclude which models performed the best for tourism demand. However, it is worth to mention that combined models outperformed single model in most of the studies. Furthermore, the authors mentioned about the roles of tourism practitioners in the industry, tourism seasonality and suggestions for further studies in the future. IOP Publishing 2019 Conference or Workshop Item PeerReviewed pdf en cc_by http://umpir.ump.edu.my/id/eprint/26472/13/Tourism%20demand%20forecasting.pdf Sarah, Mohd Khaidi and Noratikah, Abu and Noryanti, Muhammad (2019) Tourism demand forecasting - a review on the variables and models. In: Journal of Physics: Conference Series, 2nd International Conference on Applied & Industrial Mathematics and Statistics (ICoAIMS 2019) , 23-25 July 2019 , Kuantan, Pahang, Malaysia. pp. 1-8., 1366 (012111). ISSN 1742-6596 https://doi.org/10.1088/1742-6596/1366/1/012111 |
| spellingShingle | T Technology (General) Sarah, Mohd Khaidi Noratikah, Abu Noryanti, Muhammad Tourism demand forecasting - a review on the variables and models |
| title | Tourism demand forecasting - a review on the variables and models |
| title_full | Tourism demand forecasting - a review on the variables and models |
| title_fullStr | Tourism demand forecasting - a review on the variables and models |
| title_full_unstemmed | Tourism demand forecasting - a review on the variables and models |
| title_short | Tourism demand forecasting - a review on the variables and models |
| title_sort | tourism demand forecasting a review on the variables and models |
| topic | T Technology (General) |
| url | http://umpir.ump.edu.my/id/eprint/26472/13/Tourism%20demand%20forecasting.pdf |
| work_keys_str_mv | AT sarahmohdkhaidi tourismdemandforecastingareviewonthevariablesandmodels AT noratikahabu tourismdemandforecastingareviewonthevariablesandmodels AT noryantimuhammad tourismdemandforecastingareviewonthevariablesandmodels |