Multimethod Forecasts for Tourism Analysis
Abstract
This Paper Examines the Use of Combined Forecasting Methods in Tourism Forecasting. the Use of Multiple Methods Allows More Information to Be Incorporated into the Forecasts. the Objective of the Paper is to Show that Forecasts of Tourism Arrivals Obtained by Combining Forecasting Models Are More Accurate (Therefore More Useful to Practicing Managers) Than Single-Method Forecasts. Several Combined Forecasts of Tourist Arrivals in Florida Obtained and Compared to Single-Method Forecasts Gained through Econometric or Time-Series Methods. Parameter Interpretation and Forecasting Accuracy of Both Combined and Single-Method Forecasts Are Discussed. the Conclusion of the Paper Offers a Commentary on the Usefulness of Multimethod Approaches to Forecasting. © 1988.
Recommended Citation
Calantone, R. J., di Benedetto, A., & Bojanic, D. C. (1988). Multimethod Forecasts for Tourism Analysis. Annals of Tourism Research, 15(3), pp. 387-406. Elsevier Masson; Elsevier.
The definitive version is available at https://doi.org/10.1016/0160-7383(88)90029-1
Department(s)
Business and Information Technology
Keywords and Phrases
combined forecasts; econometric analysis; Florida tourism; time-series analysis; tourism forecasting
International Standard Serial Number (ISSN)
0160-7383
Document Type
Article - Journal
Document Version
Citation
File Type
text
Language(s)
English
Rights
© 2023 Elsevier Masson; Elsevier, All rights reserved.
Publication Date
01 Jan 1988
