A review of micro-analyses of tourist expenditure

Abstract

Tourist expenditure is an important measure of international tourism demand. This study is a review of expenditure analyses in a tourism context presenting a range of factors that could affect tourism demand and expenditure. A review of 27 tourism expenditure studies that used micro-data was conducted, to elicit the sample size, model specification, as well as the dependent and independent variables. The study concluded that greater emphasis should be given to micro-economic modelling of tourism demand and to the investigation of the effect of psychological and destination-related factors on tourist expenditure.

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