How do Overnight Stays React to Exchange Rate Changes?
Christian Stettler ()
Swiss Journal of Economics and Statistics, 2017, vol. 153, issue 2, 123-165
Summary This paper analyses the effect of a change in the real exchange rate on the number of overnight stays in Swiss hotels. It uses unique three-dimensional panel data on the monthly number of overnight stays by the visitor’s country of origin in 141 Swiss communities during the ten-year period from January 2005 to December 2014. We find low exchange rate elasticities of 0.2 for cities, but much higher elasticities of 1.4 for touristic communities. On the source market side, we find large exchange rate elasticities for German, Dutch, and Belgian visitors, while travellers from France and Italy are less price sensitive.
Keywords: F14; F31; E52; Z31; Real Exchange Rate; Tourism; Overnight Stays; Swiss Franc; Switzerland (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/BF03399437 Abstract (text/html)
Journal Article: How do Overnight Stays React to Exchange Rate Changes? (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:sjecst:v:153:y:2017:i:2:d:10.1007_bf03399437
Ordering information: This journal article can be ordered from
Access Statistics for this article
Swiss Journal of Economics and Statistics is currently edited by Rafael Lalive
More articles in Swiss Journal of Economics and Statistics from Springer, Swiss Society of Economics and Statistics Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla ().