Investment theory proposes that interest rate affects an individual's cross-time consumption decision. This study examines the impact of interest rate on air travel, national park stay and restaurant patronage, as compared with its impact on two non-tourism consumption activities. Monthly average...

Estimates of U.S. demand for travel to Western Europe (including the UK, France, Germany, Italy, Switzerland, Spain, Austria and Denmark) are calculated using a gradual switching regression procedure (GSRP) based on the U.S. annual data of visits from 1960-85. The two benefits of this procedure...

This publication presents an overview of recent tourism trends and key figures (for 1999-2000) in the EU, EFTA, Central European, and Mediterranean countries. Country profiles cover: the number of hotels and similar establishments; nights spent in collective tourist accommodation; tourist and...

This paper reviews recent developments in the youth tourism and backpacking markets. Youth traveller profiles, destinations, trip characteristics, motivations and activities, and expenditures and economic contribution, are discussed. Case studies are then presented of backpacking in Thailand,...

Developments in tourism that are occurring in South East Asia are discussed, including: the growth of tourist arrivals to the region; the emergence of a regional middle class with the means to travel; changing trends in destinations; the development of new resort destinations; Indochina's emerging...

Data on the holiday travel propensity and travel frequency of EU residents in 2001, as well as on the travel market potential in the EU countries, are presented and discussed.

Understanding the factors that contribute to changing patterns of tourist flows and activity participation is important for the sustainable management of tourism within destination regions. This paper reports on a study of changing patterns of use of commercial reef tour operations in the Great...

Secondary data related to the travel industry of Montana and surrounding states were analysed to identify trends in visitor numbers, rooms sold, expenditures, and travel promotion budgets. It was found that: Montana nonresident visitor growth is declining while those of other states are increasing; ...

This paper looks at recent developments in air transport and what they mean for travel and tourism. It highlights improvements in long-haul air travel, as well as the changes in regional air travel in Asia through the so-called 'low-cost airline' phenomenon. The growth in travel volumes in Asia is...

Tourism is a key cultural form of connectivity across the world and it is not limited to the social margins, resorts and times away from home. Contemporary society has experienced a remarkable time-space compression as people travel more conveniently and cheaply than ever before. However, in its...