Forecasting Tourism Demand: The Role of Seasonality
Anna Serena Vergori
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Anna Serena Vergori: University of Salento, via per Monteroni, 73100 Lecce, Italy
Tourism Economics, 2012, vol. 18, issue 5, 915-930
Abstract:
Most tourism destinations are affected by seasonality. Seasonal demand causes various problems for local firms and administrations hampering the efficient use of available facilities and the development of local capabilities. This paper discusses, from an econometric point of view, another important issue stemming from strong seasonality: the effect on forecasting tourist flows. This aspect of seasonality is addressed through an analysis of tourist arrivals in the Province of Lecce, southern Italy.
Keywords: seasonality; seasonal adjustments; forecasts; unit roots; Italy (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:18:y:2012:i:5:p:915-930
DOI: 10.5367/te.2012.0153
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