Economics of optimal management of tourism resources : a demand and supply analysis
Author(s) -
Thames Kularatne
Publication year - 2017
Language(s) - English
Resource type - Dissertations/theses
DOI - 10.5204/thesis.eprints.104115
Subject(s) - tourism , data envelopment analysis , supply and demand , business , marketing , discrete choice , industrial organization , environmental economics , sri lanka , destinations , economics , microeconomics , geography , mathematical optimization , mathematics , archaeology , econometrics , socioeconomics , tanzania
This thesis is a study of tourism demand and supply with the objective of revealing the optimal management of resources used in tourism. The first part investigates consumer preferences with respect to nature-based tourism together with a study of the manner in which tourists’ experiences impact on non-market valuations. The second part describes an efficiency evaluation of the hotel industry which focuses on the impact of eco-friendly practices on hotel operations. The analytical techniques used include discrete choice modelling, structural choice modelling and data envelopment analysis. The findings contribute to the important goal of creating a sustainable tourism industry in Sri Lanka and similar destinations
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