Analysis of Factors Influencing the Prices of Tourist Offers

Tourism is a significant branch of many world economies. Many factors influence the volume of tourist traffic and the prices of trips. There are factors that clearly affect tourism, such as COVID-19. The paper describes the methods of machine learning and process mining that allow for assessing the...

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Main Authors: Agata Kołakowska, Magdalena Godlewska
Format: Article
Language:English
Published: MDPI AG 2022-12-01
Series:Applied Sciences
Subjects:
Online Access:https://www.mdpi.com/2076-3417/12/24/12938
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author Agata Kołakowska
Magdalena Godlewska
author_facet Agata Kołakowska
Magdalena Godlewska
author_sort Agata Kołakowska
collection DOAJ
description Tourism is a significant branch of many world economies. Many factors influence the volume of tourist traffic and the prices of trips. There are factors that clearly affect tourism, such as COVID-19. The paper describes the methods of machine learning and process mining that allow for assessing the impact of various factors (micro, mezzo and macro) on the prices of tourist offers. The methods were used on large sets of real data from two tour operators, and the results of these studies are discussed in this paper. The research presented is part of a larger project aiming at predicting trip prices. It answers the question of which factors have the greatest impact on the price and which can be omitted in further work. Nevertheless, the dynamic world situation suggests that the ranking of factors may change and the presented universal methods may provide different results in the coming years.
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spelling doaj.art-3d190e89fbe84682a773474e18bd030e2023-11-24T13:07:26ZengMDPI AGApplied Sciences2076-34172022-12-0112241293810.3390/app122412938Analysis of Factors Influencing the Prices of Tourist OffersAgata Kołakowska0Magdalena Godlewska1Department of Intelligent Interactive Systems, Faculty of Electronics, Telecommunications and Informatics, Gdańsk University of Technology, 80-233 Gdańsk, PolandDepartment of Intelligent Interactive Systems, Faculty of Electronics, Telecommunications and Informatics, Gdańsk University of Technology, 80-233 Gdańsk, PolandTourism is a significant branch of many world economies. Many factors influence the volume of tourist traffic and the prices of trips. There are factors that clearly affect tourism, such as COVID-19. The paper describes the methods of machine learning and process mining that allow for assessing the impact of various factors (micro, mezzo and macro) on the prices of tourist offers. The methods were used on large sets of real data from two tour operators, and the results of these studies are discussed in this paper. The research presented is part of a larger project aiming at predicting trip prices. It answers the question of which factors have the greatest impact on the price and which can be omitted in further work. Nevertheless, the dynamic world situation suggests that the ranking of factors may change and the presented universal methods may provide different results in the coming years.https://www.mdpi.com/2076-3417/12/24/12938machine learningprocess miningfactorsprice predictortourism
spellingShingle Agata Kołakowska
Magdalena Godlewska
Analysis of Factors Influencing the Prices of Tourist Offers
Applied Sciences
machine learning
process mining
factors
price predictor
tourism
title Analysis of Factors Influencing the Prices of Tourist Offers
title_full Analysis of Factors Influencing the Prices of Tourist Offers
title_fullStr Analysis of Factors Influencing the Prices of Tourist Offers
title_full_unstemmed Analysis of Factors Influencing the Prices of Tourist Offers
title_short Analysis of Factors Influencing the Prices of Tourist Offers
title_sort analysis of factors influencing the prices of tourist offers
topic machine learning
process mining
factors
price predictor
tourism
url https://www.mdpi.com/2076-3417/12/24/12938
work_keys_str_mv AT agatakołakowska analysisoffactorsinfluencingthepricesoftouristoffers
AT magdalenagodlewska analysisoffactorsinfluencingthepricesoftouristoffers