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The Determinants of International Tourism Demand
Vencovská, Jana ; Strielkowski, Wadim (advisor) ; Fišerová, Tereza (referee)
This bachelor thesis focuses on identifying the key factors affecting international tourism demand. Additionally, it provides an assessment of the economic impact of tourism, which is followed by an overview of possible interpretations of the terms "tourism" and "tourist" and their evolution in time. Based on a review of existing literature, the next part discusses the meaning of the term "tourism demand", the ways how this demand can be measured and on its main determinants. The last chapter of the thesis is dedicated to an econometric analysis of the determinants of the demand for tourism to the Czech Republic from thirty-eight different countries. The data on the number of guests registered in collective accommodation establishments collected by the Czech Statistical Office was used as a measure of tourism demand. The period between years 2000 - 2012 was investigated. The model was specified in a dynamic form, which allowed us to account for the Word-of-Mouth (WoM) effect and to reflect the importance of tourists' loyalty. The Arellano-Bond generalized method of moments (GMM) estimation method was used to estimate the model. One of the main conclusions of the analysis is that 31% of the tourist arrivals are attributable to habit formation and the WoM effect. The results further show that tourism...
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Price of Location: The Private versus Commercial Accommodation in Selected European Cities
Houfková, Barbora ; Kocourek, David (advisor) ; Matoušek, Jindřich (referee)
This thesis investigates the relationship between the location and the price of short-term accommodation in context of European metropolitan cities. We em- ploy the econometric OLS regression with log-level functional form to estimate the influence of main determinants on the price of the accommodation. We compare hotels and apartments in determined cities. We find out that there is a negative relationship between the distance from the city centre and the price of the accommodation. Our model determines the exact rate of drop in prices due to increasing proximity from the city centre. Furthermore, we find distance from the metro station and presence of Wi-Fi in the rooms as insignificant fac- tors for our sample. Finally, we explore that people's perception of the metro station is stable with changing proximity from the city centre. In conclusion, we provide suggestions for further research based on our analyses. Keywords short-term accommodation, tourism economics, hedonic pricing model, OLS regression, location, European cities Author's e-mail houfkova.bara@gmail.com Supervisor's e-mail kocourek.david@email.cz
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The Determinants of International Tourism Demand
Vencovská, Jana ; Strielkowski, Wadim (advisor) ; Fišerová, Tereza (referee)
This bachelor thesis focuses on identifying the key factors affecting international tourism demand. Additionally, it provides an assessment of the economic impact of tourism, which is followed by an overview of possible interpretations of the terms "tourism" and "tourist" and their evolution in time. Based on a review of existing literature, the next part discusses the meaning of the term "tourism demand", the ways how this demand can be measured and on its main determinants. The last chapter of the thesis is dedicated to an econometric analysis of the determinants of the demand for tourism to the Czech Republic from thirty-eight different countries. The data on the number of guests registered in collective accommodation establishments collected by the Czech Statistical Office was used as a measure of tourism demand. The period between years 2000 - 2012 was investigated. The model was specified in a dynamic form, which allowed us to account for the Word-of-Mouth (WoM) effect and to reflect the importance of tourists' loyalty. The Arellano-Bond generalized method of moments (GMM) estimation method was used to estimate the model. One of the main conclusions of the analysis is that 31% of the tourist arrivals are attributable to habit formation and the WoM effect. The results further show that tourism...
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Analysis and proposalfor state turism policyin the Czech Reoublic from the public sector point of view
Tittelbachová, Šárka ; Wokoun, René (advisor)
Rostoucí význam turismu klade nároky na přesnou identifikaci a ukotvení jeho postavení v národních i světových ekonomikách. Cílem disertační práce bylo zpracování návrhu systému politiky turismu v ČR, z pohledu veřejné správy v kontextu turismu EU, a to na národní úrovni. Hlavním důvodem pro zpracování tohoto návrhu je skutečnost, že ČR má vysoký potenciál pro rozvoj turismu, ale plně jej nevyužívá. Navržený systém a jeho aplikace do praxe ČR by mohl významně napomoci realizaci ambiciózních cílů Koncepce státní politiky cestovního ruchu pro období 2007-2013 a tím zároveň zlepšení postavení českých turistických regionů na mezinárodním trhu turismu.
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