“…International tourism demand models use most frequently tourist arrivals/departures and expenditures/receipts as the dependent variables (Kulendran & Wong, 2005;Coshall, 2005;Rosselló, 2001;Tang, et al, 2015;Cankurt & Subasi, 2016;Rafidah, et al, 2017), while there also a few studies which measure the number of overnight stays such as these of Claveria & Torra (2014) and Constantino et al (2016). The most common explanatory variables used, are the real gross domestic product for approaching the tourist incomes, the consumer price index, the tourism cost of the destination country relative to the country of origin, the exchange rate, the living cost, as well as the price of the competing destination , Constantinino et al, 2016Song et al, 2011;Cankurt et al, 2015;Gunter, 2015;Zhu, et al, 2018;Assaf et al, 2019).…”