Using a market basket analysis in tourism studies
Damjan VavpotiÄ,
Karmen Knavs and
Ljubica Knežević Cvelbar
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Damjan VavpotiÄ: University of Ljubljana, Slovenia
Karmen Knavs: University of Ljubljana, Slovenia
Ljubica Knežević Cvelbar: University of Ljubljana, Slovenia
Tourism Economics, 2021, vol. 27, issue 8, 1801-1819
Abstract:
Understanding tourist visitation patterns is crucial for decision makers in order to create smart tourism industry. A growing body of tourism research uses geo-location data in order to better understand tourism demand. In this article, we present a new approach based on a market basket analysis. This approach uses geo-location data shared by tourists on tourism platforms in order to bundle the range of available tourism services and understand which experiences are consumed together. The approach was tested on the case of Vienna, Austria. Based on our analyses, we argue that the proposed approach has the potential for use at the destination level and provides relevant information on tourism demand patterns important for smart tourism decision-making.
Keywords: destination management; market basket analysis; tourists visitation; web-generated data (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:27:y:2021:i:8:p:1801-1819
DOI: 10.1177/1354816620944264
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