Tourist spending dynamics in the Algarve: a cross-sectional analysis

Jaime Serra ^[1] ; Antónia Correia ^[2] ; Paulo Rodrigues ^[3]
1. [1] Universidade de Évora
  
  Universidade de Évora
  
  Senhora da Saúde, Portugal
2. [2] Universidade do Algarve
  
  Universidade do Algarve
  
  Faro (Sé), Portugal
3. [3] Universidade Nova de Lisboa
  
  Universidade Nova de Lisboa
  
  Socorro, Portugal
Mostrar afiliaciones +
Localización: Tourism economics: the business and finance of tourism and recreation, ISSN 1354-8166, Vol. 21, Nº. Extra 3 (Special focus: Modelling Tourist Behaviour As A Micro- Macro Nexus), 2015, págs. 475-500
Idioma: inglés
Texto completo no disponible (Saber más ...)

Resumen
- This paper assesses the determinants of international tourists’ spending in the Algarve from 2007 to 2010. Based on a sample of 15,542 observations a cross-section model was estimated using ordinary least squares. The results reveal that a combination of socio-demographic, behavioural and motivation variables explain the spending patterns of international tourists in the Algarve. Analysis of the data indicates that tourist motivations related to accommodation facilities, cultural and historical resources, gastronomy, hospitality, prices and sightseeing tours positively affect tourists’ spending. Moreover, the findings provide evidence that, over the years, the most loyal markets in Algarve reveal changing patterns in their spending behaviour. Destination management authorities should be aware of this spending behaviour of second-generation sun and sand visitors and should formulate strategies accordingly. Policy and managerial recommendations are discussed