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 - Funding Information:
This Majesty’s Trust Fund work was supported by His Majesty’s Trust Fund: [grant number SR/EPS/MRKT/16/01].
Publisher Copyright:
© 2021 Informa UK Limited, trading as Taylor & Francis Group.
PY - 2022
Y1 - 2022
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
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U2 - 10.1080/13683500.2021.1960804
DO - 10.1080/13683500.2021.1960804
M3 - Letter
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 -