“…In a review of 7 works on tourism projections, univariate time series method was found by Witt et al (2003) to be the most accurate method 4 out of the 7 studies. Several researchers (e.g., Coshall, 2006;Kulendran & Witt, 2001;Martin & Witt, 1989;Oyewole, 2006) have preferred the time series models because of their versatility under different conditions. They are held to be time and cost-effective while generating forecasts that are equally, or sometimes even more accurate compared with the behavioral models (Choy, 1984;Martin & Witt).…”