A simultaneous equations model of the hotel room supply and demand in Hong Kong

Qu, Hailin; Xu, Peng; Tan, Amy Y. F.

doi:10.1016/s0278-4319(02)00031-2

Cited by 46 publications

(43 citation statements)

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“…2 For example, Hong Kong is always researched as an international tourism destination. Moreover, due to better data quality and availability, tourism demand research has been extended from the industry aggregate level to the sub-sector level, with a particular emphasis on the hotel sector (e.g., Law, 1998 andQu et al, 2002;Tse, 2001). With respect to Taiwan, given its relatively small scale and fragile nature of the tourism industry, a number of studies assessed the impacts of disasters and crises (such as the earthquake, SARS and bird flu) on its inbound tourism demand (e.g., Huang and Min, 2002;Min, 2005).…”

Section: Emerging Research Trendsmentioning

confidence: 99%

Tourism Demand Modeling and Forecasting: A Review of Literature Related to Greater China

2009

Journal of China Tourism Research

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Greater China, including Mainland China, Hong Kong, Macau and Taiwan, contributes significantly to both regional and global tourism developments. Empirical research on tourism demand modelling and forecasting has attracted increasing attention of scholars both within and beyond this region. One hundred and eighty articles are identified that were published in both English and Chinese language journals since the beginning of the 1990s. This study presents the largest scale of literature survey on tourism demand studies. Furthermore, this is the first attempt in tourism demand review studies that focuses exclusively on one geographic region and covers bilingual literature. Particular emphasis of this review is placed on research development, geographic focus, data type and frequency, measurement of tourism demand, modelling and forecasting techniques, demand elasticity analysis, forecasting exercises and emerging research trends. Comparisons between the two bodies of literature published in two languages show a number of research gaps, such as the diversity and sophistication of the research methodology, rigour of the modelling and forecasting process and theoretical foundations of demand analysis. Correspondingly, constructive recommendations are made to further advance tourism demand studies related to Greater China.

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Section: Emerging Research Trendsmentioning

confidence: 99%

Tourism Demand Modeling and Forecasting: A Review of Literature Related to Greater China

2009

Journal of China Tourism Research

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“…Ismail and Hiemstra (1998) examined impacts of supply and demand in the US lodging market using the two-stage least-squares technique (2SLS) and Qu et al (2002) tested a comparable model in the Hong Kong context. This study also employs the 2SLS technique, but tests different econometric variables in the Las Vegas context.…”

Section: The Model and Datamentioning

confidence: 99%

Examining the hotel room supply and demand in Las Vegas: A simultaneous equations model

Tsai

Kang

Yeh

et al. 2006

International Journal of Hospitality Management

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“…According to Qu, Xu, and Tan (2002), hotel room price has a significant effect on the demand for rooms. Tsai, Kang, Yeh, and Suh (2005) further found that the hotel room demand is positively related to the consumer price index (CPI).…”

mentioning

confidence: 99%

Tourism and Hotel Competitiveness Research

Tsai

Song

Wong

2009

Journal of Travel & Tourism Marketing

189

135

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ABSTRACT. Competitiveness has been a subject of study in the manufacturing and related sectors since the early 1990s. However, only recently have some researchers started to examine the tourism and hospitality competitiveness, both conceptually and empirically, with a particular focus on tourism destinations and the hotel industry. The goal of this article is to review the published studies on destination and hotel competitiveness, provide critiques, and point out future directions in tourism and hotel competitiveness research. Such a review shall provide researchers with a good understanding of the current status of competitiveness research and with a vision for advancing the existing knowledge of destination and hotel competitiveness.

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A simultaneous equations model of the hotel room supply and demand in Hong Kong

Cited by 46 publications

References 1 publication

Tourism Demand Modeling and Forecasting: A Review of Literature Related to Greater China

Tourism Demand Modeling and Forecasting: A Review of Literature Related to Greater China

Examining the hotel room supply and demand in Las Vegas: A simultaneous equations model

Tourism and Hotel Competitiveness Research

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