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Leisure tourism demand is extremely sensitive to natural and human-made disasters. Much holiday and vacation travel is stimulated by the desire to seek refuge from the stress of the everyday environment. Moreover, today there are countless alternatives for spending leisure time pleasantly for residents of most developed nations.

Comparative Analysis of Techniques for Forecasting Tourists’ Arrival

As a result, crises such as war, terrorist attacks, disease outbreaks, crime and extreme weather conditions can easily dissuade leisure travellers from visiting a destination suffering from one of these, or from travelling at all. The ability to forecast such events and their projected impact in tourism demand can help minimize the adverse effects of catastrophes on the tourism-related sales, income, employment and tax revenue of a place. Tourism supply requires large, long lead-time investments in plant, equipment and infrastructure. A new hotel may take three to five years from concept to opening.

A new airport or ski resort may take a decade or so for all planning, approvals and construction.


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Future demand must be anticipated correctly if suppliers are to avoid the financial costs of excess capacity or the opportunity costs of unfilled demand [3]. Early warning system Accuracy of monitoring plays an important role in early warning, not only in a technical sense.


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  • References [1] A technical analysis approach to tourism demand forecast C. Methods and Strategies By Douglas Frechtling. Methods and Strategies By Douglas Frechtling; page 5.

    Editorial Reviews

    Priya Chetty Partner at Project Guru. Priya is a master in business administration with majors in marketing and finance. She is fluent with data modelling, time series analysis, various regression models, forecasting and interpretation of the data. She has assisted data scientists, corporates, scholars in the field of finance, banking, economics and marketing.

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    Latest posts by Priya Chetty see all Advantages of online shopping to consumers - November 28, Introduction of technology-based learning devices in the education sector of India - November 27, Role of organizational justice theory in performance management - November 19, Hire us for your research in Tourism. Related articles Challenge of demand forecasting in tourism Forecasting the demand in tourism industry and maintaining a proper demand-supply balance is a major challenge.

    There is no doubt about tourism being an industry of economic, social and cultural importance for the world economy. Medical tourism in India and its advantages India is a land of diversities. These diversities extend not only to geographic regimes but also to cultural and religious extremes. Demand for tourism in India Tourism in India has been on a steady rise for the past few decades. The homeland of Hinduism, the birthplace of Buddhism, the Taj Mahal, the music and poetry, art and literature, colors and culture are few of the million things that make India one of the most popular destinations in the world.

    The book is targeted Hospitality Press, Melbourne, Australia, This book, however, tries to future' back cover. Cook printed a brochure p.

    Online Forecasting Tourism Demand. Methods And Strategies 2001

    It has a strong bibliography, features to Liverpool in his own print shop and Mr Nielsen many supporting original and adapted tables and observes that by doing so he recognised the graphs and concludes each chapter with group importance of the connection between the medium discussion topics. He capitalised on the increased awareness chapters each. Nielsen sets out to provide a theoretical their destination selection. At least, this is what we foundation and empirical understanding of the think it does.

    Remember me on this computer. Enter the email address you signed up with and we'll email you a reset link. Click here to sign up. This book is an introduction to the range of forecasting methods available to forecast future demand for a tourism product. It instructs the executive who must evaluate proposals to develop a tourism demand forecasting system, or produce demand forecasts, or assess an operating forecasting system This book is an introduction to the range of forecasting forecasting Subject Category: Techniques techniques Subject Category: Techniques, Methodologies and Equipment see more details , Methodologies and Equipment see more details methods available to forecast future demand demand Subject Category: Miscellaneous see more details for a tourism tourism Subject Category: Activities see more details product.

    It instructs the executive who must evaluate proposals to develop a tourism demand forecasting system, or produce demand forecasts forecasts Subject Category: Miscellaneous see more details , or assess an operating forecasting system and its forecasts for the their usefulness in strategic management management Subject Category: Disciplines, Occupations and Industries see more details. It looks at 13 methods of forecasting highlighting their strengths and weaknesses and explaining how they can be applied to the tourism industry. Over 40 brief case studies case studies Subject Category: Techniques, Methodologies and Equipment see more details are presented to explain how to plan a forecasting project, analyze time series and other information, select and use the appropriate forecasting model, and evaluate its results.

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    The book consists of 10 chapters and is indexed. Buy Instant Access You are not logged in.


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