Features of demand prediction for hotel and tourist services

Yurij Ivanovych Hayda, Yuliya Romanivna Novak


Abstract


Tourism today is considered a promising area of social and economic development of countries, regions and cities. Tourist infrastructure is one of the most difficult infrastructures as it embraces all sectors of the economy, all modes of transport, cultural and recreational facilities, sports facilities, crafts and more. Demand for hotel and travel services depends on its development and seasonal fluctuations of the terms of tourist and recreational services.

In order to smooth seasonal fluctuations of demand for hotel and travel services it is offered a range of measures to seasonal demand forecasting. For example, it is created a separate unit with functions of search, analysis and processing of business information.


Keywords


demand; seasonality; seasonal index; one-dimensional Fourier analysis; model ARIMA; exponential smoothing method

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References


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Science Works Journal "Ekonomichnyy analiz"

ISSN 1993-0259 (Print)  ISSN 2219-4649 (Online) DOI: 10.35774/econa


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