Tourism Demand Forecasting System Unveiled In Hong Kong

December 7, 2007 | Print | Email Email | Category: Industry News
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The Public Policy Research Institute and the School of Hotel and Tourism Management of The Hong Kong Polytechnic University have unveiled the Hong Kong Tourism Demand Forecasting System to industry partners at a forum held in PolyU.

Developed by PPRI and the School, the Hong Kong Tourism Demand Forecasting System is a web-based system to forecast the demand for tourism in Hong Kong over the next decade. Demand is measured by tourist arrivals, tourist expenditure, and hotel room nights. Hong Kong resident departures are also forecast. Econometric methods are used to generate the forecasts with adjustments made by experts.

Potential subscribers are entitled to a three-month free trial during which they have access to the forecasts on quarterly tourist arrivals to Hong Kong provided by the system and are able to generate their own alternative forecasts on tourist arrivals to Hong Kong online by incorporating different economic growth projections of the influencing factors. Full subscribers will be able to access all the information embedded in the system, including four quarterly reports.

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