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Regression modelTourism demand analysis

Tourism Demand Elasticity Modeling

Tourism demand elasticity modeling estimates how responsive tourist demand is to changes in its key drivers, above all source-market income and the price of travel. The income elasticity measures the percentage change in demand for a one-percent change in income, and the price elasticity does the same for price; both are recovered as coefficients in econometric demand models, most simply a log-linear regression where the coefficients read directly as elasticities. Geoffrey Crouch's mid-1990s surveys of the international tourism demand literature consolidated decades of such estimates, showing that tourism is typically income-elastic — a luxury that grows faster than income — and price-sensitive, with values that vary systematically across markets and methods. Later meta-analyses, such as Peng, Song, Crouch, and Witt's, quantified that variation across hundreds of studies.

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Vyanzo

  1. Crouch, G. I. (1994). The Study of International Tourism Demand: A Review of Findings. Journal of Travel Research, 33(1), 12-23. DOI: 10.1177/004728759403300102
  2. Crouch, G. I. (1994). Price Elasticities in International Tourism. Hospitality Research Journal, 17(3), 27-39. DOI: 10.1177/109634809401700304
  3. Peng, B., Song, H., Crouch, G. I., & Witt, S. F. (2015). A Meta-Analysis of International Tourism Demand Elasticities. Journal of Travel Research, 54(5), 611-633. DOI: 10.1177/0047287514528283

Jinsi ya kunukuu ukurasa huu

ScholarGate. (2026, June 23). Income and Price Elasticity of Tourism Demand. ScholarGate. https://scholargate.app/sw/tourism-hospitality/tourism-demand-elasticity

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Imerejelewa na

ScholarGateTourism Demand Elasticity Modeling (Income and Price Elasticity of Tourism Demand). Imepatikana 2026-06-25 kutoka https://scholargate.app/sw/tourism-hospitality/tourism-demand-elasticity · Seti ya data: https://doi.org/10.5281/zenodo.20539026