Analysis of the Impact of Household Tourism Consumption Based on Multilevel Structural Equation Model

Abstract

With the development of the social economy and the improvement of people’s living standards, tourism has become one of the important lifestyles of families. Family tourism is a new trend that will have no small impact on further developing tourism and boosting domestic demand. With tourism activities booming today, family tourism consumption is an area worthy of study. This study examines household tourism consumption using a hierarchical structural equation model to explore the factors influencing the latent variables of income structure, household, and regional characteristics of consumption structure. Further combining these potential variables and their influences, the formation and change of consumption structure were explored using hierarchical structural equation modeling. This is of academic value and theoretical significance in refining the application of the hierarchical structural equation model and enriching the use of latent variable factor analysis in consumption structure research. Finally, based on the characteristics of family tourism consumption and the problems of family tourism, some suggestions are made for the development of tourism.

How Do Information Sources Influence the Purchases of Tourism, Culture, and Entertainment? An Analysis of China Family Panel Studies Data

“…Some scholars emphasize that family age structure (Bernini & Cracolici, 2015), retirement (Deng et al, 2023), and economic uncertainty (Nguyen et al, 2022) have a significant effect on TCE consumption. Based on the absolute income and persistent income hypotheses (P. Zhang & Cao, 2022), others assert that increases in current and expected incomes, as well as expected and unexpected increases in asset prices (Lee & Kim, 2021), result in expanded household consumption of travel and culture. In contrast, based on the precautionary savings theory, other scholars have found that households increase precautionary savings to manage uncertainties such as health (Gao et al, 2021) and employment (Nilashi et al, 2019), resulting in a decline in TCE consumption.…”

“…Some scholars emphasize that family age structure (Bernini & Cracolici, 2015), retirement (Deng et al, 2023), and economic uncertainty (Nguyen et al, 2022) have a significant effect on TCE consumption. Based on the absolute income and persistent income hypotheses (P. Zhang & Cao, 2022), others assert that increases in current and expected incomes, as well as expected and unexpected increases in asset prices (Lee & Kim, 2021), result in expanded household consumption of travel and culture.…”

The role of parental safety perceptions for the future of family tourism

“…Family tourism -Academia started talking about family tourism in 1978 (Li et al, 2020). Its socio-economic impact and its continuously rising importance (Zhang & Cao, 2022) have lately led the academic world to pay more attention to families' tourism behavior (Wu et al, 2019), with a sharp but subdued rise of published studies registered in the last decade (Li et al, 2020). Family tourism manuscripts explain that the relationship between parents and children is what drives humanity and society (Schänzel & Yeoman, 2014) and, in this context, family trips have become a tool as well as a seed for enhancing the health of the traveling members (Zabriskie & McCormick, 2001), increasing children's cognitive skills (Miyakawa & Oguchi, 2022) and proliferating family happiness (Townsend et al, 2017;Schänzel & Yeoman, 2015).…”

“…Most of the families are planning to spend their stay at a hotel and, even though the majority of the sample population wishes to have a swimming pool in the lodging, the security at the aquatic amenities that the establishments offer are customers' biggest fear. Since family tourism represents 30 percent of the worldwide leisure travel market (Cicero & Osti, 2018) and the economic contribution of this segment to the hospitality industry is growing steeply (Zhang & Cao, 2022), data suggest hotel managers need to pay particular attention to the management of their aquatic services. Nevertheless, the researcher adds that hospitality brands should not underestimate the marketing and promotion of the aforementioned services since parents are increasing their technological use for finding the right accommodations (Agarwal et al, 2010) and advertising qualitative services plays a key role for gaining competitive advantage and achieving customer retention (Esparon et al, 2013).…”

Mathematical modeling of tourism development in territorial communities

“…The influence of e-commerce on the competitiveness of the tourism industry based on an optimized neural network model for the analysis and forecasting of tourism data was studied in [6]. To improve the model, it is planned to conduct an analysis of household impact on travel using deep learning.…”