Market Potential Estimation for Tourism in Emerging Markets

The objective of this paper was to develop a useful framework for estimating demand for tourism in emerging markets. Tourism has become one of the most crucial sectors in a large number of emerging countries. Moreover, the tourism industry in such markets is forecasted to keep increasing in the next...

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Detalles Bibliográficos
Autores: Baimai, Chaiwat, Daniel, Jose Luis
Tipo de recurso: artículo
Fecha de publicación:2009
País:España
Institución:Universidad de La Laguna (ULL)
Repositorio:RIULL. Repositorio Institucional de la Universidad de La Laguna
OAI Identifier:oai:riull.ull.es:915/18109
Acceso en línea:http://riull.ull.es/xmlui/handle/915/18109
Access Level:acceso abierto
Palabra clave:Market estimation
Tourism
Emerging markets
International marketing
Descripción
Sumario:The objective of this paper was to develop a useful framework for estimating demand for tourism in emerging markets. Tourism has become one of the most crucial sectors in a large number of emerging countries. Moreover, the tourism industry in such markets is forecasted to keep increasing in the next decade. Hence, understanding and accurately forecast demand in the industry is essential in order to manage this sector effectively. Using stepwise regression analysis, we found a number of im-portant variables in estimating demand for tourism in emerging markets. Our regression model can benefit travel agencies and policy makers dealing with the tourism industry