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 :
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