Forecasting international demand for Philippine tourism

College

Ramon V. Del Rosario College of Business

Department/Unit

Economics

Document Type

Article

Source Title

DLSU Business and Economics Review

Volume

21

Issue

1

First Page

61

Last Page

76

Publication Date

12-1-2011

Abstract

Time series forecasting models for tourist arrivals to the Philippines from the top 12 source countries are empirically developed in this paper. Together with a reliable procedure of modeling background noise, this study employed a modeling framework which took into account influential events that impact on the level and direction of arrival series. From this framework, the study was able to establish twelve time series models for the monthly incoming tourism traffic from the top tourists sending countries to the Philippines for use in predicting future visitor arrivals scenarios. © 2011 De La Salle University, Philippines.

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Disciplines

Economics | Tourism and Travel

Keywords

Tourism--Philippines—Forecasting

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