A structural equation model: Greece’s tourism demand for tourist destination

Abstract

<jats:p>Structural equation model (LISREL 8) was applied to test the causal relationships between tourist travel motivations and tourist destination.A survey containing Likert scale questions was conducted to collect data from 100 tourists who had travelled to Greece’s tourist destination. With the help of factor analysis, four dimensions were identified for scales used in the study: travel cost satisfaction, tourism product, tourism product attributes, and tourism product management. Results indicated that the travel cost satisfaction of tourists has a positive influence on tourism product, tourism product attributes and tourism product management. Moreover, our results suggested that the tourist demographics has a positive influence on tourism product and tourism product attributes and has an insignificant relationship with tourism product management. Based on our findings the tourist demographics has not influence on tourism product management. However, these findings suggest that both the private tourism and the governmental tourism sector should develop a better management of tourist destinations so as to develop a stronger attraction of tourism, better amenities, a better accessibility, an appropriate image, to make tourism competitive and to keep tourism product prices at a reasonable level. The implications of the tourism demand model can be used for the public environmental policy-making process based mainly on reasons of interest, ideology or understanding.&#x0D; </jats:p>

Análisis SEM para el gasto turístico en un país emergente

“…The coefficient Leisure motive was the highest followed by Education & Health and Other Motive. This result goes along the results found by Chaitip et al (2010) for a different sample set.…”

“…In the literature, there is an estimation of determinants of traveler's expenditure for countries like Brazil, Mexico, South Africa, USA, and European Countries by using panel data models. Chaitip, Chaiboonsri, Kovács, and Balogh (2010) used the SEM to analyze touristic demand for the case of Greece. In this study, a survey containing Likert scale questions was conducted to collect data from 100 tourists who had traveled to Greece's tourist destination.…”

“…Structural Equation Model 7 (SEM) is well known in the business literature (Jöreskog and Sörbom, 1982) it may capture relationship between qualitative variables and quantitative variables as well. In the literature of tourism Chaiboonsri and Chaitip (2010) run an analysis between tourist travel motivations (travel cost satisfaction and tourist demographics) and tourist destination (tourism product, tourism product attributes, and tourism product management).…”

Percepciones de afiliados a fondos de pensiones privados

“…SEM allows to exploit the best assessment of a survey of respondents for any decision-making after finding significant relationships that any other technique fails to explore and highlight. Recently, there have been several applications of SEM, for example, in the literature of tourism, Chaitip et al (2010) run an analysis between tourist travel motivations (travel cost satisfaction and tourist demographics) and tourist destination (tourism product, tourism product attributes, and tourism product management). These latter perceptions are difficult to capture in a regular econometric perspective like Panel or Pool Data Analysis.…”

The need to adapt to travel expenditure patterns. A study comparing business and leisure tourists in Barcelona

“…They conclude that travellers whose stays are longer tend to consume more and vice versa. Chaitip, Chaiboonsri, Kovács and Balogh (2008) show that the total cost of the trip is related to product attributes and product management. The study by Thrane and Farstad (2012) demonstrates a positive relationship between length of stay and expenditure.…”