Optimal targeting of latent tourism demand segments

dc.contributor.authorCazorla-Artiles, Jos´e M.
dc.contributor.authorEugenio-Martin, Juan L.
dc.date.accessioned2024-08-07T01:48:41Z
dc.date.available2024-08-07T01:48:41Z
dc.date.issued2023
dc.description.abstractThis paper identifies for the first time the optimal target markets employing the latent tourism demand expenditure, a novel concept in tourism literature. The study quantifies latent tourism demand between each pair of origin-destination through distinguishing by type of tourism and seasonality. It works with market shares that are estimated via a fractional regression model. Moreover, latent demand is clustered using a market segmen­ tation approach based on a latent class regression. Finally, the optimal target markets are chosen depending on the expected latent tourism expenditure. The result has clear policy implications in terms of which markets are promoted, the optimal channels of communication and the maximum budget for each marketing campaign.vi
dc.identifier.urihttps://thuvienso.hoasen.edu.vn/handle/123456789/15541
dc.language.isoenvi
dc.publisherElserviervi
dc.subjectLatent demand; Target markets; Marketing campaign; Market segmentation; Tourism expenditurevi
dc.titleOptimal targeting of latent tourism demand segmentsvi
dc.typeArticlevi

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