Volatility of Tourism Movement in the Hong kong Inbound Market
Journal: World Academic Journal of Business & Applied Sciences (WAJBAS) (Vol.1, No. 3)Publication Date: 2013-06-07
Authors : Kaewta Muangasame; Nate-tra Dhevabanchachai;
Page : 5-16
Keywords : volatility; tourism movement; Hong Kong; tourism demand; inbound market;
Abstract
Exploring trends of tourism demand from the past is essential in measuring the different tourism movement volatility which occurred either nature or man-made. This study analyzes the volatility of tourism demand by data mining tourist numbers arriving in Hong Kong from 1999 to 2010. Eight different markets will be examined, both short haul and long haul, to compare and contrast the characteristic tourist profile and the behavior and attitude changes of each market according to the volume of visitors that come to Hong Kong. There have been significant changes over the past 12 years in different countries with some positive and negative impacts from natural disasters, an economic crisis and mega-events. This paper will compare and contrast different markets and analyze the tourism demand with regards to volatility in relation to the profile characteristics, spending pattern behaviors with tourist’s satisfaction level.
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Last modified: 2013-06-10 18:33:27