“…For example, some authors argue that econometric forecasting techniques fail to produce realistic forecasts and that qualitative indicators can enable more accurate forecasting. Future studies pertaining to multivariate tourism demand forecasting in Europe should consider including qualitative indicators, such as those which can be derived from a Delphi panel of tourism experts (see for example, Lin and Song (2015)) and evaluate whether these forecasts can outperform ARIMA, TBATS and SSA-R forecasts for European tourism demand. 3 0.14 * , † 0.25 * , † 0.26 * , † 0.21 * , † 0.33 * , † 0.41 * , † 0.32 * , † 0.22 * , † 0.14 * , † 0.56 * , † 6 0.15 * , † 0.26 * , † 0.28 * , † 0.24 * , † 0.35 * , † 0.34 * , † 0.30 * , † 0.25 * , † 0.14 * , † 0.53 * , † 12 0.10 * , † 0.37 * , † 0.15 * , † 0.34 * , † 0.40 * , † 0.46 * , † 0.27 * , † 0.33 * , † 0.14 * , † 0.52 * , † 24 0.10 * , † 0.25 * , † 0.21 * , † 0.24 * , † 0.43 * , † 0.49 * , † 0.39 * , † 0.29 * , † 0.14 * , † 0.…”