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An alternate approach to modeling the slack season provision of guided tours to tourists

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  • Batabyal, Amitrajeet A.
  • Beladi, Hamid

Abstract

We discuss an approach to modeling the slack season provision of guided tours to tourists that accounts for the twin phenomena of stochastic demand and tourist heterogeneity but is different from the way in which this problem has been modeled in the extant tourism literature. Our discussion uses the theory of discrete-time Markov chains and it models the slack season from a tourist demand perspective. Specifically, we first study a case in which the wait plus tour or the excursion time of an arriving tourist is exponentially distributed with a fixed mean. Next, we focus on a scenario in which the excursion time is exponentially distributed with one of two possible fixed means and these two means arise with specific probabilities.

Suggested Citation

  • Batabyal, Amitrajeet A. & Beladi, Hamid, 2011. "An alternate approach to modeling the slack season provision of guided tours to tourists," Tourism Management, Elsevier, vol. 32(5), pages 1047-1049.
    • Handle: RePEc:eee:touman:v:32:y:2011:i:5:p:1047-1049
    DOI: 10.1016/j.tourman.2010.09.001
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    1. Raphael Raymond Bar-On, 1999. "The Measurement of Seasonality and its Economic Impacts," Tourism Economics, , vol. 5(4), pages 437-458, December.
    2. Nicole Koenig & Eberhard E. Bischoff, 2003. "Seasonality of Tourism in Wales: A Comparative Analysis," Tourism Economics, , vol. 9(3), pages 229-254, September.
    3. Batabyal, Amitrajeet A. & Yoo, Seung Jick, 2010. "A probabilistic analysis of guided tours for tourists during the slack season," Tourism Management, Elsevier, vol. 31(4), pages 482-485.
    4. Christine Lim & Michael McAleer, 2000. "A seasonal analysis of Asian tourist arrivals to Australia," Applied Economics, Taylor & Francis Journals, vol. 32(4), pages 499-509.
    5. Andrea Baez Montenegro & Mario Niklitschek Huaquin & Luis Herrero Prieto, 2009. "The valuation of historical sites: a case study of Valdivia, Chile," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 52(1), pages 97-109.
    6. Konstantinos Andriotis, 2005. "Seasonality in Crete: Problem or a Way of Life?," Tourism Economics, , vol. 11(2), pages 207-224, June.
    7. J. Cunado & L.A. Gil-Alana & F. Péarez de Gracia, 2005. "The Nature of Seasonality in Spanish Tourism Time Series," Tourism Economics, , vol. 11(4), pages 483-499, December.
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    Cited by:

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    2. Yasushi Shoji & Takahiro Tsuge, 2015. "Heterogeneous Preferences for Winter Nature-Based Tours in Sub-Frigid Climate Zones: A Latent Class Approach," Tourism Economics, , vol. 21(2), pages 387-407, April.

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