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Neuro-Fuzzy Forecasting of Tourist Arrivals

Fernando, Hubert Preman (2005) Neuro-Fuzzy Forecasting of Tourist Arrivals. PhD thesis, Victoria University.

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Abstract

This study develops a model to forecast inbound tourism to Japan, using a combination of artificial neural networks and fuzzy logic and compares the performance of this forecasting model with forecasts from other quantitative forecasting methods namely, the multi-layer perceptron neural network model, the error correction model, the basic structural model, the autoregressive integrated moving average model and the naive model. Japan was chosen as the country of study mainly due to the availability of reliable tourism data, and also because it is a popular travel destination for both business and pleasure. Visitor arrivals from the 10 most popular tourist source countries to Japan, and total arrivals from all countries were used to incorporate a fairly wide variety of data patterns in the testing process. This research has established that neuro-fuzzy models can be used effectively in tourism forecasting, having made adequate comparisons with other time series and econometric models using real data. This research takes tourism forecasting a major leap forward to an entirely new approach in time series pedagogy. As previous tourism studies have not used hybrid combinations of neural and fuzzy logic in tourism forecasting this research has only touched the surface of a field that has immense potential not only in tourism forecasting but also in financial time series analysis, market research and business analysis.

Item Type: Thesis (PhD thesis)
Uncontrolled Keywords: forecasting tourist arrivals; Japan; multi-layer perceptron
Subjects: Faculty/School/Research Centre/Department > School of Economics and Finance
RFCD Classification > 350000 Commerce, Management, Tourism and Services
Depositing User: Mr Angeera Sidaya
Date Deposited: 05 May 2006
Last Modified: 19 May 2015 06:14
URI: http://vuir.vu.edu.au/id/eprint/422
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