In the present age of globalization, technology-revolution and sustainable development, the presence of seasonality in tourist arrivals is considered as a key policy issue that affects the global tourism industry by creating instability in the demand and revenues. The seasonal component in a time-series distorts the prediction attempts for policy-making. In this context, it is quintessential to...

The study attempts to test a hypothesis and explore some additional empirical evidences of a causal relationship between International Tourist Arrivals, Foreign Direct Investment (FDI) and Economic Growth (GDP). Although tourism has been regarded as one of the most dynamic economic industries in the world, the previous studies of the causality between three variables are exceptionally rare. In ...

5 This paper introduces Singular Spectrum Analysis (SSA) for tourism demand forecasting 6 via an application into total monthly U.S. Tourist arrivals from 1996-2012. The global 7 tourism industry is today, a key driver of foreign exchange inflows to an economy. Here, we 8 compare the forecasting results from SSA with those from ARIMA, Exponential Smoothing 9 (ETS) and Neural Networks (NN). We f...

Accurate prediction of foreign tourist numbers is crucial for each country to devise sustainable tourism development policies. Tourism time series data often have significant temporal fluctuation, so Grey–Markov models based on a grey model with a first order differential equation and one variable, GM(1,1), can be appropriate. To further improve prediction accuracy from Grey–Markov models, this...

Tourism represents one of the most important industries in the global economy. Medical tourism is not a new phenomenon: mankind has traveled to foreign lands to access treatment for many years. Current research in information and communication technology considerably affects the tourism industry by providing innovative tools capable, on the one hand, of supporting tourists in organizing their h...

introduction: today the market of medical tourism is growing as one of the competitive and profitable industries in the world. the aim of this study was to determine medical tourist attraction in tehran hospitals. methods: this is a descriptive study which was carried out in 8 hospitals of tehran in 2012. 195 people from the managing boards of these hospitals participated in the study. a questi...

Signs are everywhere in our lives. They make our lives easier when we are familiar with them. But sometimes they also pose problems. For example, a tourist might not be able to understand signs in a foreign country. In this paper, we present our efforts towards automatic sign translation. We discuss methods for automatic sign detection. We describe sign translation using example based machine t...

This study applied a financial portfolio theory to estimate optimal market mixes to minimize the instability of inbound tourist market demand. An empirical analysis was applied to inbound tourists to Taiwan. The results shed light on diversification in tourism market and offer tourism authorities and policy-makers explicit guidelines for risk management in the destination planning process. Spec...