Economic Insight for Smarter Tourism Strategy
The performance of an outbound tourism industry is usually judged by the number of people travelling abroad or by tourism receipts. Industrial organisation offers a different lens. A more revealing...
Why international tourism no longer fits neatly into the economic categories that once defined it. For much of modern history, overseas travel was the privilege of the affluent. Crossing national...
How Behavioral Economics Is Rewriting Tourism Economics For decades, economics has treated tourists as rational consumers. Lower prices encourage travel, while higher costs discourage it. Traditional...
When tourism is discussed, most people think first of hotel occupancy rates, duty-free sales, or visitor arrivals. Governments, too, tend to measure success by the number of international visitors and...
Rethinking Government Support for Tourism Through the Lens of Economics Governments spend billions each year to attract international visitors. Airlines receive route-development incentives, travel...
Governments around the world are increasingly introducing tourism taxes. From accommodation taxes in Kyoto and Osaka, tourism taxes in Amsterdam, New Zealand’s International Visitor Conservation and...
Part I. Tourism, Economic Thought, and the Search for a New Policy Paradigm Economic history is often written as a succession of competing ideas. Classical economics celebrated the self-correcting...
Hedonic Motivations in Overseas Destination Choice To examine the structure of hedonic motivations underlying Korean travelers’ overseas destination choices, a principal component analysis (PCA) was...
This article analyzes travel consumption patterns using microdata from the third quarter (July~September 2025) of the Japan national tourism survey released by the Japan Tourism Agency under the...