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Author: Mr.Alexander Culiuc
Publisher: International Monetary Fund
ISBN: 1484383133
Category : Business & Economics
Languages : en
Pages : 46
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Book Description
The paper estimates the impact of macroeconomic supply- and demand-side determinants of tourism, one of the largest components of services exports globally, and the backbone of many smaller economies. It applies the gravity model to a large dataset comprising the full universe of bilateral tourism flows spanning over a decade. The results show that the gravity model explains tourism flows better than goods trade for equivalent specifications. The elasticity of tourism with respect to GDP of the origin (importing) country is lower than for goods trade. Tourism flows respond strongly to changes in the destination country’s real exchange rate, along both extensive (tourist arrivals) and intensive (duration of stay) margins. OECD countries generally exhibit higher elasticties with respect to economic variables (GDPs of the two economies, real exchange rate, bilateral trade) due to the larger share of business travel. Tourism to small islands is less sensitive to changes in the country’s real exchange rate, but more susceptible to the introduction/removal of direct flights.
Author: Mr.Alexander Culiuc
Publisher: International Monetary Fund
ISBN: 1484383133
Category : Business & Economics
Languages : en
Pages : 46
Get Book Here
Book Description
The paper estimates the impact of macroeconomic supply- and demand-side determinants of tourism, one of the largest components of services exports globally, and the backbone of many smaller economies. It applies the gravity model to a large dataset comprising the full universe of bilateral tourism flows spanning over a decade. The results show that the gravity model explains tourism flows better than goods trade for equivalent specifications. The elasticity of tourism with respect to GDP of the origin (importing) country is lower than for goods trade. Tourism flows respond strongly to changes in the destination country’s real exchange rate, along both extensive (tourist arrivals) and intensive (duration of stay) margins. OECD countries generally exhibit higher elasticties with respect to economic variables (GDPs of the two economies, real exchange rate, bilateral trade) due to the larger share of business travel. Tourism to small islands is less sensitive to changes in the country’s real exchange rate, but more susceptible to the introduction/removal of direct flights.
Author: François Vellas
Publisher: Palgrave Macmillan
ISBN: 9780312127237
Category : Tourism.
Languages : en
Pages : 359
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Book Description
This new book for international tourism students analyses the characteristics of the international tourism market and the tourism development policies pursued by industrialised and developing countries. International Tourism applies theories of international trade to the international tourism sector, and analyses the fundamental aspects of international tourism demand and supply, focusing on a number of fascinating developments. The book also includes statistics, market trends and forecasts. It has a great number of international cases and should be a useful tool for any student of tourism.
Author: Klaus Schmerler
Publisher: Springer
ISBN: 3030039889
Category : Business & Economics
Languages : en
Pages : 262
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Book Description
This book examines the drivers of inbound medical tourism in Germany. In light of growing international trade of medical services, it provides a quantitative analysis of the determinants of international patients’ choice of destination. It develops coherent definitions of medical tourism and medical travel, and presents multiple unique data sets to identify inbound medical travelers in Germany. Further, it introduces an empirical modeling framework for investigating and quantifying the drivers and effects of a patient's choice of destination at the national, hospital and individual level. A particular focus of the analysis lies on cultural proximity and personal networks as key channels to convey trust in a destination’s service. In addition, real consideration sets of international patients are presented. The findings presented are embedded in a global context and will help inform future empirical investigations and modeling.
Author: Kemal Kantarci
Publisher: CRC Press
ISBN: 1771880554
Category : Business & Economics
Languages : en
Pages : 398
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Book Description
This book will be a major resource for all academic researchers and practitioners interested in issues dealing with the development of tourism, its potential and challenges, and policy and regulatory issues in the Central Asian countries of Kazakhstan, Uzbekistan, Turkmenistan, Kyrgyzstan, and Tajikistan. These countries are gaining more attention as emerging destinations. There is limited research that focuses on these countries with respect to their potential and characteristics as tourism destinations. This book aims to be an invaluable source for both practitioners and academicians who are in international marketing and tourism. The central Asia region (also termed the Silk Road region) as an emerging destination is ripe for future tourism development. The region is rich with historical, cultural, and natural beauty that could provide significant utility to many potential visitors. This book brings together key writings on this topic in a single resource.
Author: Haiyan Song
Publisher: Routledge
ISBN: 0080436730
Category : Tourism
Languages : en
Pages : 183
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Book Description
A textbook for a graduate or final-year undergraduate course in tourism studies that might also find interest among researchers and practitioners who want to apply recent developments in econometric modeling and forecasting to tourism demand analysis. Song and Witt (both management in the service sector, U. of Surrey, Britain) begin with the fundamentals of tourism demand analysis, and the problems of traditional modeling and forecasting. Then they explore the general- to-specific approach, the time-varying parameter model, and the panel- data approach. Annotation copyrighted by Book News, Inc., Portland, OR
Author: Yvette Reisinger, PhD
Publisher: Routledge
ISBN: 1136438882
Category : Business & Economics
Languages : en
Pages : 440
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Book Description
In recent years there has been a considerable interest in the cultural aspects of tourism such as the impacts of culture on tourism planning, development, management, and marketing. However, the focus has been on material forms of culture such as arts, music, or crafts. The impacts of national culture on tourist behavior and travel decision-making have not been paid much attention. Only in the last two years have cross-cultural issues begun to generate significant interest among academics. An examination of cultural characteristics and differences is extremely important to the tourism industry because today’s tourism environment is becoming increasingly international. Information on the nature of the cultural differences between international tourists and locals is not readily available in tourism literature. The concept of culture is very complex and includes such abstract concepts as satisfaction, attitude and loyalty. International Tourism brings these concepts to the undergraduate student in tourism, as well as students in the related fields of marketing, management, international business, and cross-cultural communication. Designed as a textbook, it isorganized and presented in an integrated and relevant way for the benefit of a worldwide audience.
Author: Clare Lade
Publisher: Goodfellow Publishers Ltd
ISBN: 1911635247
Category : Business & Economics
Languages : en
Pages : 237
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Book Description
Examines influential factors such as the demographic, political, economic and technological changes, which will affect the nature, trends and participation in tourism, hospitality and events. It discusses contemporary concepts associated with the tourism, hospitality and event sector, generating plausible ideas and identifying future trends.
Author: Tom Baum
Publisher: Routledge
ISBN: 1136367071
Category : Business & Economics
Languages : en
Pages : 202
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Book Description
Seasonal variation in demand is a reality for most tourism destinations. This work provides a balanced overview of the evidence and issues relating to tourism seasonality using European, North American and Pacific Rim cases and research evidence.
Author: Geoffrey Ian Crouch
Publisher:
ISBN: 9780646084015
Category : Tourism
Languages : en
Pages : 21
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Book Description
Author: Valeri, Marco
Publisher: IGI Global
ISBN: 1668438917
Category : Business & Economics
Languages : en
Pages : 357
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Book Description
As competition is increasingly taking place on a global scale, tourist destinations must act more like businesses than they have in the past. Development in the tourism sector has often been beset by ambiguities and contradictions and has been the subject of debate across a range of disciplines in terms of its sustainability and level of social commitment. New Governance and Management in Touristic Destinations analyzes the most proper governance model to be implemented to increase the competitiveness of tourist destinations. It also focuses on the need to develop a managerial orientation capable of making the tourism system interact with tourism demand. Covering topics such as electronic word of mouth, gastronomic tourism, and sustainable development, this book is essential for practicing hospitality and tourism managers, professionals in the hospitality and tourism industry, specialists and consultants, government officials, researchers, educators, academicians, and students.
