DocumentCode
2742072
Title
Forecasting optimal tourism product demand and price
Author
Tsoi, M.Ye.
Author_Institution
Novosibirsk State Tech. Univ., Russia
Volume
3
fYear
2004
fDate
26 June-3 July 2004
Firstpage
287
Abstract
The paper presents the methods of forecasting the optimal tourism product demand and price. The basis of its constructing is dependence of demand on a number of factors. Applying the up-to-date economic and mathematic methods, it is possible to determine the type of interconnection between specific factors and forecast the market potential. The application of the methods allows the risks of overestimated or understated tourism product demand. The paper considers an example of calculation procedure for travel firm in Novosibirsk.
Keywords
demand forecasting; pricing; travel industry; Novosibirsk; market potential forecasting; optimal tourism product demand forecasting; travel firm; Demand forecasting; Economic forecasting; Elasticity; Equations; Humans; Marketing and sales; Mathematics; Production; Remuneration; Solvents;
fLanguage
English
Publisher
ieee
Conference_Titel
Science and Technology, 2004. KORUS 2004. Proceedings. The 8th Russian-Korean International Symposium on
Print_ISBN
0-7803-8383-4
Type
conf
DOI
10.1109/KORUS.2004.1555754
Filename
1555754
Link To Document