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A Microeconomic Model of Multidestination Tourism Trips

Author

Listed:
  • Glauber Eduardo De Oliveira Santos
  • Vicente Ramos
  • Javier Rey-Maquieira

Abstract

A significant share of tourism trips includes visits to more than one destination. The only formal theoretical frameworks available for explaining consumers' choices of multidestination tourism trips (MTTs) are based on Lancaster's (1966) characteristics theory. This paper proposes a theoretical model of MTT choices based on the traditional economic theory of consumption. Some particularities of the traditional model regarding MTTs are discussed, such as the proper shape of utility functions, special transport costs and the existence of two budget constraints. The model shows that the MTT paradigm may unfold special demand effects. Negative income effects may be experienced by destinations considered as normal goods, and positive price effects may be experienced by non-Giffen destinations.

Suggested Citation

  • Glauber Eduardo De Oliveira Santos & Vicente Ramos & Javier Rey-Maquieira, 2011. "A Microeconomic Model of Multidestination Tourism Trips," Tourism Economics, , vol. 17(3), pages 509-529, June.
    • Handle: RePEc:sae:toueco:v:17:y:2011:i:3:p:509-529
    DOI: 10.5367/te.2011.0050
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    Citations

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    Cited by:

    1. Ludovik Coba & Laurens Rook & Markus Zanker, 2020. "Choosing between hotels: impact of bimodal rating summary statistics and maximizing behavioral tendency," Information Technology & Tourism, Springer, vol. 22(1), pages 167-186, March.
    2. Zheng, Weimin & Huang, Liyao & Lin, Zhibin, 2021. "Multi-attraction, hourly tourism demand forecasting," Annals of Tourism Research, Elsevier, vol. 90(C).
    3. Yang, Yang & Zhang, Honglei, 2019. "Spatial-temporal forecasting of tourism demand," Annals of Tourism Research, Elsevier, vol. 75(C), pages 106-119.
    4. Antonino Mario Oliveri, Anna Maria Parroco, Franco Vaccina, 2012. "Tourist mobility and destination competitiveness," RIEDS - Rivista Italiana di Economia, Demografia e Statistica - The Italian Journal of Economic, Demographic and Statistical Studies, SIEDS Societa' Italiana di Economia Demografia e Statistica, vol. 66(2), pages 213-234.

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