Carregant...
Miniatura

Tipus de document

Article

Versió

Versió acceptada

Data de publicació

Tots els drets reservats

Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/54587

Forecasting tourism demand to Catalonia: neural networks vs. time series models

Títol de la revista

Director/Tutor

ISSN de la revista

Títol del volum

Resum

The increasing interest aroused by more advanced forecasting techniques, together with the requirement for more accurate forecasts of tourismdemand at the destination level due to the constant growth of world tourism, has lead us to evaluate the forecasting performance of neural modelling relative to that of time seriesmethods at a regional level. Seasonality and volatility are important features of tourism data, which makes it a particularly favourable context in which to compare the forecasting performance of linear models to that of nonlinear alternative approaches. Pre-processed official statistical data of overnight stays and tourist arrivals fromall the different countries of origin to Catalonia from 2001 to 2009 is used in the study. When comparing the forecasting accuracy of the different techniques for different time horizons, autoregressive integrated moving average models outperform self-exciting threshold autoregressions and artificial neural network models, especially for shorter horizons. These results suggest that the there is a trade-off between the degree of pre-processing and the accuracy of the forecasts obtained with neural networks, which are more suitable in the presence of nonlinearity in the data. In spite of the significant differences between countries, which can be explained by different patterns of consumer behaviour,we also find that forecasts of tourist arrivals aremore accurate than forecasts of overnight stays.

Citació

Citació

CLAVERÍA GONZÁLEZ, Óscar, TORRA PORRAS, Salvador. Forecasting tourism demand to Catalonia: neural networks vs. time series models. _Economic Modelling_. 2014. Vol. 36, núm. 220-228. [consulta: 27 de febrer de 2026]. ISSN: 0264-9993. [Disponible a: https://hdl.handle.net/2445/54587]

Exportar metadades

JSON - METS

Compartir registre