TY - JOUR
T1 - First-time, first-repeat and multiple-repeat visitors
T2 - a conditional counterfactual quantile expenditure decomposition analysis
AU - Alfarhan, Usamah F.
AU - Nusair, Khaldoon
N1 - Publisher Copyright:
© 2021 Informa UK Limited, trading as Taylor & Francis Group.
PY - 2021/8/4
Y1 - 2021/8/4
N2 - We adapt a conditional counterfactual quantile decomposition structure to identify the contributions of relative consumption behaviours and potential market imperfections to observed expenditure differentials between first-time, first-repeat and multiple-repeat visitors to an emerging destination. This letter advances the discussion on the expenditure consequences of visitation frequency, with a parametric assessment of the contribution of market imperfections, such as visitors’ limited information and firms’ market power. Applicable to virtually any a priori segmentation, this approach offers a tool for the assessment of existing segmentation strategies, in pursuit of a more efficient resource allocation in the tourism industry, especially during high seasons.
AB - We adapt a conditional counterfactual quantile decomposition structure to identify the contributions of relative consumption behaviours and potential market imperfections to observed expenditure differentials between first-time, first-repeat and multiple-repeat visitors to an emerging destination. This letter advances the discussion on the expenditure consequences of visitation frequency, with a parametric assessment of the contribution of market imperfections, such as visitors’ limited information and firms’ market power. Applicable to virtually any a priori segmentation, this approach offers a tool for the assessment of existing segmentation strategies, in pursuit of a more efficient resource allocation in the tourism industry, especially during high seasons.
KW - First-time visitors
KW - decomposition analysis
KW - repeat visitors
KW - tourism expenditures
UR - http://www.scopus.com/inward/record.url?scp=85111823088&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85111823088&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/5b9a7919-84be-3e48-82bb-ac4538ae811d/
U2 - 10.1080/13683500.2021.1960804
DO - 10.1080/13683500.2021.1960804
M3 - Article
AN - SCOPUS:85111823088
SN - 1368-3500
VL - 25
SP - 2377
EP - 2383
JO - Current Issues in Tourism
JF - Current Issues in Tourism
IS - 15
ER -