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| Author: | Hiemstra, S. Wong, K. K. F. |
| Title: | Factors affecting demand for tourism in Hong Kong |
| Journal: | Journal of Travel & Tourism Marketing
2002 : VOL. 13:1-2, p. 43-62 |
| Index terms: | Travel Tourism Hong Kong Econometric models |
| Language: | eng |
| Abstract: | The study developed a set of seven demand models that identify the major factors associated with changes in tourism to Hong Kong. The included a model for each of the major countries that provide Hong Kong's incoming tourists. The significant parameters include those measures commonly used to assess the financial crisis that hit Asia in 1997-1998: gross domestic product, relative consumer prices, exchange rates, and interest rates. Also the change in Hong Kong sovereignty and seasonality were found the be very significant. |
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