Journal of Tourism & Hospitality
Open Access

Department of Economics, California State University at Fullerton, Fullerton, USA

Publications

• Commentary Article   
  Analyzing How Tourism Sub-Industries Expenditure and Price Elasticities Change Over Time
  Author(s): Adrian R. Fleissig*
  
  This study finds that substitution and expenditure elasticities for six U.S. sub-tourism industries vary considerably over time, which should be taking into account by marketing strategies of tourism agencies and governments. There is evidence of increased variation in substitution and expenditure elasticities over the business cycle as well as from 2001-2003 and 2009-2011 when tourism expenditure declined. Given that air transportation was found to have the most price elastic demand, tourism agencies and governments should pay less attention to marketing air transportation during an economic slowdown and focus more on the less price elastic tourist expenditures of food and beverages as well as other related-transportation commodities. Air transportation, shopping, and accommodation are typically found to be luxuries over the business cycle while food and beverage.. View More»
  DOI: 10.35248/2167-0269.22.S1.001

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