the aim of this paper is to develop a prediction model of energy demand of iran’s industrial sector. for that matter a markov chain grey model (mcgm) has been proposed to forecast such energy demand. to find the effectiveness of the proposed model, it is then compared with grey model (gm) and regression model. the comparison reveals that the mcgm model has higher precision than those of the gm ...

In this paper we explore the hierarchical nature of tourism demand time series and produce short-term forecasts for Australian domestic tourism. The data and forecasts are organized in a hierarchy based on disaggregating the data for different geographical regions and for different purposes of travel. We consider five approaches to hierarchical forecasting: two variations of the top-down approa...

How the informal sectors create and share innovation in gaining competition is very important in tourism development. Commonly, informal sectors are embedded in their routines and lack of innovation capacities. Based on the case of pedicab drivers in Yogyakarta, it was found that as informal sector in tourism activity, the drivers have created product innovation. This street level of innovation...

The market for hotel and travel-related services can be seen as one in which the goods are differentiated products. Classification by the information content of goods – search goods, experience goods, post-experience goods and credence goods applies well to this market. Corrective measures are suggested for the market imperfections implied by asymmetry of information and transactions costs. Imp...

tourism as a growing industry needs special attention in developing countries. during last decades, nature based tourism has been growing faster than other tourism fields and it seems to grow even faster. ever growing demand for nature based tourism emphasizes the necessity of a holistic planning for preserving environment against degradation. objective of this study is to present a nature base...

This study provides a comprehensive comparison of the performance of the commonly used econometric and time-series models in forecasting seasonal tourism demand. The empirical study is carried out based on the demand for outbound leisure tourism by UK residents to seven destination countries: Australia, Canada, France, Greece, Italy, Spain and the USA. In the modelling exercise, the seasonality...

In this paper the factors having influence on travel demand to Iran are paper explored. The hypothesis of the research specifies the variable of “domestic upheavals and insecurity” as the most significant obstacle to expansion of the demand for travel to Iran. To test the above hypothesis, first several demand models that have been proposed to study demand for tourism in different countries, ar...