IDEAS home Printed from https://ideas.repec.org/a/ris/jspord/0071.html
   My bibliography  Save this article

Modelling Tourism Demand In Madeira Since 1946: And Historical Overview Based On A Time Series Approach

Author

Listed:

Abstract

Tourism is the leading economic sector in most islands and for that reason market trends are closely monitored due to the huge impacts of relatively minor changes in the demand patterns. An interesting line of research regarding the analysis of market trends concerns the examination of time series to get an historical overview of the data patterns. The modelling of demand patterns is obviously dependent on data availability, and the measurement of changes in demand patterns is quite often focused on a few decades. In this paper, we use long-term time-series data to analyse the evolution of the main markets in Madeira, by country of origin, in order to re-examine the Butler life cycle model, based on data available from 1946 onwards. This study is an opportunity to document the historical development of the industry in Madeira and to introduce the discussion about the rejuvenation of a mature destination. Tourism development in Madeira has experienced rapid growth until the late 90s, as one of the leading destinations in the European context. However, annual growth rates are not within acceptable ranges, which lead policy-makers and experts to recommend a thoughtfully assessment of the industry prospects.

Suggested Citation

  • Almeida, António, 2016. "Modelling Tourism Demand In Madeira Since 1946: And Historical Overview Based On A Time Series Approach," Journal of Tourism, Sustainability and Well-being, Cinturs - Research Centre for Tourism, Sustainability and Well-being, University of Algarve, vol. 4(2), pages 145-156.
    • Handle: RePEc:ris:jspord:0071
    as

    Download full text from publisher

    File URL: http://www.cieo.pt/journal/J_2_2016/article3.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Costa, Vânia & Almeida, Cláudia, 2015. "Low-cost Carriers, Local Economy and Tourism Development at Four Portuguese Airports. A Model of Cost-benefit Analysis," Journal of Tourism, Sustainability and Well-being, Cinturs - Research Centre for Tourism, Sustainability and Well-being, University of Algarve, vol. 3(4), pages 245-261.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bezruchonak, Andrei, 2024. "The Comparative Study of Connectivity, Performance and Socio-Economic Impact of Low-Cost Carriers in Poznan and Wroclaw (Poland)," Journal of Tourism, Sustainability and Well-being, Cinturs - Research Centre for Tourism, Sustainability and Well-being, University of Algarve, vol. 12(1), pages 1-20.
    2. Hatice Ozer Balli & Faruk Balli & Wai Hong Kan Tsui, 2019. "International tourism demand, number of airline seats and trade triangle: Evidence from New Zealand partners," Tourism Economics, , vol. 25(1), pages 132-144, February.

    More about this item

    Keywords

    Madeira Island Inbound Tourism; Butler´ Life Cycle Model; Time Series Modeling;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:jspord:0071. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Silvia Fernandes (email available below). General contact details of provider: https://edirc.repec.org/data/ctalgpt.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.