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Vacation behaviour under high travel cost conditions – A stated preference of revealed preference approach

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  • van Cranenburgh, S.
  • Chorus, C.G.
  • van Wee, B.

Abstract

This paper investigates vacation behaviour under high travel cost conditions. We estimate discrete portfolio vacation choice models on data obtained in a novel free format Stated Preference of Revealed Preference (SP-off-RP) choice experiment. The substantive contribution of this paper is that we develop new insights into vacation behaviour under high travel cost conditions. We find that vacationers exhibit considerable diminishing marginal disutility of vacation travel costs. Furthermore, we have identified significant interactions effects across the following vacation choice dimensions: destination, length of stay, accommodation type and mode of transport. Therefore, a substantial increase in travel costs is likely to have marked consequences for the tourism industry – reaching beyond the transportation side of tourism. Methodological contributions of this paper are twofold: 1) it proposes a choice experiment in which SP alternatives are constructed by pivoting of late consideration set alternatives, rather than only of a chosen alternative, and 2) it proposes, and illustrates the use of, a generalization of a recently proposed SP-off-RP estimation procedure.

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  • van Cranenburgh, S. & Chorus, C.G. & van Wee, B., 2014. "Vacation behaviour under high travel cost conditions – A stated preference of revealed preference approach," Tourism Management, Elsevier, vol. 43(C), pages 105-118.
    • Handle: RePEc:eee:touman:v:43:y:2014:i:c:p:105-118
    DOI: 10.1016/j.tourman.2014.01.022
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    2. Wang, Bobin & Shao, Chunfu & Li, Juan & Weng, Jinxian & Ji, Xun, 2015. "Holiday travel behavior analysis and empirical study under integrated multimodal travel information service," Transport Policy, Elsevier, vol. 39(C), pages 21-36.
    3. Chang-jun Cai & En-jian Yao & Sha-sha Liu & Yong-sheng Zhang & Jun Liu, 2015. "Holiday Destination Choice Behavior Analysis Based on AFC Data of Urban Rail Transit," Discrete Dynamics in Nature and Society, Hindawi, vol. 2015, pages 1-7, February.
    4. David Boto-García & Petr Mariel & José Baños Pino & Antonio Alvarez, 2022. "Tourists’ willingness to pay for holiday trip characteristics: A Discrete Choice Experiment," Tourism Economics, , vol. 28(2), pages 349-370, March.
    5. Melinda Matyas & Maria Kamargianni, 2019. "Survey design for exploring demand for Mobility as a Service plans," Transportation, Springer, vol. 46(5), pages 1525-1558, October.
    6. Caspar G Chorus, 2018. "Paving the way towards superstar destinations: Models of convex demand for quality," Environment and Planning B, , vol. 45(1), pages 161-179, January.
    7. van Cranenburgh, Sander & Guevara, Cristian Angelo & Chorus, Caspar G., 2015. "New insights on random regret minimization models," Transportation Research Part A: Policy and Practice, Elsevier, vol. 74(C), pages 91-109.
    8. Guevara, C. Angelo & Hess, Stephane, 2019. "A control-function approach to correct for endogeneity in discrete choice models estimated on SP-off-RP data and contrasts with an earlier FIML approach by Train & Wilson," Transportation Research Part B: Methodological, Elsevier, vol. 123(C), pages 224-239.
    9. Kim, Eui-Jin & Kim, Youngseo & Jang, Sunghoon & Kim, Dong-Kyu, 2021. "Tourists’ preference on the combination of travel modes under Mobility-as-a-Service environment," Transportation Research Part A: Policy and Practice, Elsevier, vol. 150(C), pages 236-255.
    10. Sander van Cranenburgh & Francisco Garrido-Valenzuela, 2023. "Computer vision-enriched discrete choice models, with an application to residential location choice," Papers 2308.08276, arXiv.org.
    11. Han, Yan & Zhang, Tiantian & Wang, Meng, 2020. "Holiday travel behavior analysis and empirical study with Integrated Travel Reservation Information usage," Transportation Research Part A: Policy and Practice, Elsevier, vol. 134(C), pages 130-151.
    12. Kemperman, Astrid, 2021. "A review of research into discrete choice experiments in tourism: Launching the Annals of Tourism Research Curated Collection on Discrete Choice Experiments in Tourism," Annals of Tourism Research, Elsevier, vol. 87(C).

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