Determinants of spending by Danish travellers

Abstract

Based on a survey of about 6500 business and leisure travellers, multiple regression analysis is used to estimate the magnitude of the factors that determine spending by Danes travelling within Denmark and outbound from Denmark. Explanatory variables such as trip purpose (leisure or business), travel distance and destination, length of stay, travel party size, package versus self-organised trip, mode of transport (airline versus other types of transport), type of accommodation (hotel versus other types of accommodation), age group (a proxy for income) and season are included to determine their possible importance. The mentioned factors were generally found to be significant determinants in four different spending models, whereas gender was not.

Keywords:

• spending
• multiple regression analysis