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Forecasting Tourism Demand of North Cyprus

Author

Listed:
  • Mehmet Altinay

    (Department of Tourism and Hospitality Management, Eastern Mediterranean University, North Cyprus)

  • Hasan Ali Bicak

    (Department of Banking and Finance, Eastern Mediterranean University, North Cyprus)

  • Hatice Jenkins

    (Department of Banking and Finance, Eastern Mediterranean University, North Cyprus)

Abstract

This study analyzes the demand for tourism services in North Cyprus and makes demand projections. The findings of the regression analysis shows that there is a positive relationship between the number of tourists staying in tourist accommodations in North Cyprus and the real national income of the tourist generating country with a negative relationship between the volume of tourists from a given country and the relative prices of the two countries. The study continues with a trend analysis of tourism demand and uses the trend values in projecting annual as well as monthly tourist arrivals to North Cyprus.

Suggested Citation

  • Mehmet Altinay & Hasan Ali Bicak & Hatice Jenkins, 2005. "Forecasting Tourism Demand of North Cyprus," Development Discussion Papers 2005-03, JDI Executive Programs.
    • Handle: RePEc:qed:dpaper:252
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    Cited by:

    1. Sanaz Farhangi & Habib Alipour, 2021. "Social Media as a Catalyst for the Enhancement of Destination Image: Evidence from a Mediterranean Destination with Political Conflict," Sustainability, MDPI, vol. 13(13), pages 1-26, June.
    2. Ridderstaat, Jorge & Oduber, Marck & Croes, Robertico & Nijkamp, Peter & Martens, Pim, 2014. "Impacts of seasonal patterns of climate on recurrent fluctuations in tourism demand: Evidence from Aruba," Tourism Management, Elsevier, vol. 41(C), pages 245-256.

    More about this item

    Keywords

    North Cyprus; tourism demand; trend analysis;
    All these keywords.

    JEL classification:

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

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