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Tourism Trends And Patterns: What Are The Determining Factors?, Courtney Chais

Honors Theses

Travel and tourism stimulates economic growth, investment and foreign trade. Almost 1/6 of the world’s population traveled to an international destination in 2005. Annual data show that international tourist arrivals are continuing to grow, but what variables determine where tourists decide to travel? The ideas of many past studies were examined to decide which variables to consider for my model. This study used a particular set of five destination countries as proxies for the five regions categorized by the World Tourism Organization. This allows the economic model to capture any area-specific characteristics. Data from over 150 origin countries are used …