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- Title
Domestic Tourism Forecasting in Pahang: Comparison of Selected Techniques.
- Authors
Megat Muhammad Afif Megat Muainuddin; Mohd Najmuddin Hasan
- Abstract
Purpose: Tourism forecasting can lead to important elements in tourism industry to ensure that each investment by individuals, companies and government was worth it. From economy perspective, homestay is a growing business nowadays and can be an important indicator to the tourism industry. It also generates income revenue to the owner and also surrounding communities. This paper applied several methods to make analysis and forecast for the number of domestics tourist used homestay in Pahang. Design/methodology/approach: The method much accurate for short and long term forecasting with high frequency of data. Findings: Results obtained by applying the proposed model and numerical calculation shows that it is effective for forecasting the number of homestay used by domestic's tourist and the number of homestay used also increase. Research limitations/implications: This paper discusses the forecasting of domestic tourist used homestay in Pahang by using Box-Jenkins method. Then this research used two types of techniques, if the research used more forecasting method, the result will be different.
- Subjects
TOURISM; VACATIONS; BOX-Jenkins forecasting; TIME series analysis; HOSPITALITY industry
- Publication
Global Business & Management Research, 2018, Vol 10, Issue 3, p930
- ISSN
1947-5667
- Publication type
Article