A Dynamic Analysis of Repeat Visitors

Ana Isabel Moniz
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Ana Isabel Moniz: University of the Azores and Centre of Applied Economics Studies of the Atlantic (CEEAplA), Rua da Mãe de Deus, 9501-801 Ponta Delgada, Portugal

Tourism Economics, 2012, vol. 18, issue 3, 505-517

Abstract: This paper introduces the dynamic probit model to analyse the underlying reasons behind repeat visits to the Azores Islands. The advantage of the model is that it allows investigation for lags as well as for endogeneity in the covariates, thus enabling a more accurate view of the repeat visits phenomenon in a specific tourism island destination. From the model estimation, it is clear that the number of visits to the Azores Islands is a time effect that should be analysed only with dynamic models which can identify persistent variables that attract repeat tourists. The repeat tourist is supported by multiple variables, such as overall satisfaction with the destination and specific satisfaction with destination attributes. However, the most important covariates are the destination attributes that are the persistent attractors of the repeat visitor. Related policy implications are derived.

Keywords: repeat visitor; dynamic probit model; destination attributes; tourist satisfaction; destination management (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:18:y:2012:i:3:p:505-517

DOI: 10.5367/te.2012.0129

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