Forecast of Hotel Overnights in the Autonomous Region of the Azores
Author(s) -
Carlos Santos,
Gualter Couto,
Pedro Pimentel
Publication year - 2006
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.1593120
Subject(s) - geography , business , meteorology , climatology , geology
This paper concentrates on the application of various time series methods in order to forecast the monthly overnights in Azorean hotels. The aim is to find out the degree to which the forecast of overnights segmented by country of origin, presents smaller errors when compared with the forecast of the total overnights in the Region. The appropriate forecasting method by a tourist’s country of origin, is also analyzed so that potential optimal combinations of separate forecasts can be found in order to forecast the total overnights in Azores.
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