Modelling Short-Break Holiday Destination Choices
Twan Huybers
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Twan Huybers: School of Business, University of New South Wales, Australian Defence Force Academy, Canberra ACT 2600, Australia
Tourism Economics, 2003, vol. 9, issue 4, 389-405
Abstract:
This paper presents the results of a stated choice modelling study of the factors underlying holiday destination choices. The study comprises the analysis of short-break holiday choices by tourists from Sydney, Australia in the context of six destination regions. The response data reflect the way the attributes of competing destinations influence Sydney residents' destination choices. The modelling of these choices enables estimation of the trade-offs between varying levels of destination attributes. This includes estimation of the implicit prices of attribute changes, which are reported in this paper. The simulated market share effects of selected changes in destination attributes and respondent characteristics are also presented.
Keywords: discrete choice modelling; nested logit; destination choice; implicit price; market share; Australia (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:9:y:2003:i:4:p:389-405
DOI: 10.5367/000000003322662989
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