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Modeling and Estimation of Foreign Tourism Demand for Istanbul: A Comparative Study

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dc.creator Kervankıran, İsmail
dc.creator ÇUHADAR, Murat
dc.date 2018-09-26T21:00:00Z
dc.date.accessioned 2020-10-06T11:01:29Z
dc.date.available 2020-10-06T11:01:29Z
dc.identifier b5fefcaf-ae15-4476-8c94-7b97952f709d
dc.identifier https://avesis.sdu.edu.tr/publication/details/b5fefcaf-ae15-4476-8c94-7b97952f709d/oai
dc.identifier.uri http://acikerisim.sdu.edu.tr/xmlui/handle/123456789/70034
dc.description
dc.description <p>The European Capital of Culture in 2010, Istanbul, is one of the richest tourist destinations&nbsp;in terms of historical, cultural and natural tourism values. Istanbul, the capital city of the&nbsp;empires, where traces of different historical and cultural civilizations can be seen from the&nbsp;past; Topkapi Palace, Sultanahmet Mosque, S&uuml;leymaniye Mosque, Yerebatan Cistern,&nbsp;Cemberlitas, Haghia Sophia, Bosphorus and Islands attract a large number of tourists every&nbsp;year with its cultural and natural riches. Tourism demand forecasts are one of the basic&nbsp;indicators that guide the planning activities of the tourism industry, the related public&nbsp;institutions and the tourism destination managers. Reliable and accurate demand forecasts&nbsp;are needed in order to efficiently plan all activities related to the tourism sector such as&nbsp;accommodation, transport and travel, infrastructure services and tourist investment&nbsp;projects. In this study, appropriate models were constructed for the structure of data from&nbsp;Exponential Smoothing and Box-Jenkins methods and prediction results of the models&nbsp;obtained were compared and it was aimed to make monthly foreign tourism demand&nbsp;estimates for Istanbul province for 2018 and 2019 with the help of the model providing the&nbsp;highest accuracy. The number of tourists entering the border gates was taken as a measure&nbsp;of tourism demand in the study and the number of foreign visitors entering from Atat&uuml;rk&nbsp;Airport, Sabiha G&ouml;k&ccedil;en Airport, Haydarpaşa Port, Pendik Port, Tuzla Port, Zeytinburnu Port,&nbsp;Ambarlı Port and Karak&ouml;y Port in the period of January 2010 - April 2018 has been utilized.&nbsp;In order to determine appropriate methods, the time series characteristics of the data were&nbsp;analysed and the basic components affecting the data were examined and the monthly expost&nbsp;number of the tourists were estimated from the Exponential Smoothing and Box-Jenkins methods and models appropriate for the structure of the data. Monthly inbound&nbsp;tourism demand forecasts for the provinces of Istanbul for the years of 2018 and 2019 were&nbsp;made with the aid of the model providing the highest estimation accuracy, as a result of&nbsp;evaluating the estimation results obtained from the applied methods. In the study, the&nbsp;forecasting accuracy of the used models was evaluated by the &quot;Mean Absolute Percentage&nbsp;Error (MAPE)&quot; statistic. By producing forecasts it is aimed to create a basis for tourism&nbsp;development plans prepared by the managers from private and&nbsp;public sector and to&nbsp;provide support for administrators&rsquo; future planning decisions.</p>
dc.language eng
dc.rights info:eu-repo/semantics/closedAccess
dc.title Modeling and Estimation of Foreign Tourism Demand for Istanbul: A Comparative Study
dc.type info:eu-repo/semantics/conferenceObject


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