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Tourism Price Competition Index for National Destinations

Author

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  • Ramazan Göral
  • Erkan Akgöz

Abstract

Visitors are aware towards touristic goods and service prices and take cost of tourism package involving touristic goods and services into consideration in decision of choosing destination. Addressing cost of touristic goods and service package with destination choice and touristic demand made price competition a current issue in tourism. The destination that has comparative price advantage among alternative destinations is accepted as having high tourism price competition power. In this scope the first aim of our study is to develop a method that can make tourism package price comparison in rival national destinations. The second aim on the other hand depending upon the first aim is to form price competition towards alternative national destinations. In this scope basing on Household Budget Study of Turkish Statistical Institute (TÜİK), tourism package prices of the most important 4 destinations of Turkey were compared and price competition index was calculated.

Suggested Citation

  • Ramazan Göral & Erkan Akgöz, 2017. "Tourism Price Competition Index for National Destinations," Journal of Tourism Management Research, Conscientia Beam, vol. 4(1), pages 17-29.
    • Handle: RePEc:pkp:jotmre:v:4:y:2017:i:1:p:17-29:id:2840
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    Cited by:

    1. Ximeng Zhang & Myeong Cheol Choi, 2019. "Study on the Development Strategy of Ant Financial," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(5), pages 262-268, August.
    2. Akhil Sharma & Tarun Vashishat & Abdul Rishad, 2019. "The consequences of exchange rate trends on international tourism demand: evidence from India," Journal of Social and Economic Development, Springer;Institute for Social and Economic Change, vol. 21(2), pages 270-287, December.
    3. Siti Nurzahira Che Tahrim & Mohd Zulkifli Muhammad & Mohd Syakir Mohd Rosdi & Mohd Nor Hakimin Yusoff & Azizah Musa & Noormariana Mohd Din, 2019. "The Revival of Mudharabah Contract: A Proposed Framework," Research in World Economy, Research in World Economy, Sciedu Press, vol. 10(2), pages 70-73, July.
    4. Raziah Bi Mohamed Sadique & Aida Maria Ismail & Jamal Roudaki & Norhayati Alias & Murray B. Clark, 2019. "Corporate Governance Attributes in Fraud Detterence," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 10(3), pages 51-62, May.
    5. Amzad Hossain & Farid A. Sobhani & Normah Omar & Norazida Mohamad & Jamaliah Said, 2019. "Corporate Governance, Risk Management and Ethical Investment: Evidence From Banking Industries," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(5), pages 126-137, August.
    6. Andriansyah Andriansyah & Taufiqurokhman Taufiqurokhman & Ismail Suardi Wekke, 2019. "Impact of Environmental Policy Factors on Tourism Industry: A Study from Indonesia Over Last Three Decades," International Journal of Energy Economics and Policy, Econjournals, vol. 9(3), pages 360-365.

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