Do some travel purposes lead to more tourist expenditure patterns than others? Evidence from an almost ideal demand system (AIDS) analysis

ABSTRACT

Tourists have different travel purposes and show different patterns of resource consumption at travel destinations. The present study examines travel expenditure patterns among domestic travelers with different main travel purposes during the holidays by utilizing the almost ideal demand system approach. The study used data from 760 Korean respondents and determined that tourists pursuing different travel purposes exhibited significant differences in expenditure patterns. The travel expenditure allocation of different tourist types with varying travel purposes can provide important information that can contribute to the sustainable development of tourism destinations by tailoring travel activities and programs for targeted segments.

KEYWORDS:

• Almost ideal demand system (AIDS)
• price elasticity
• tourism demand
• travel expenditure
• budget allocation
• travel purpose
• destination activities
• market segmentation
• domestic travel
• sustainable destination management

Disclosure statement

No potential conflict of interest was reported by the author(s).

Additional information

Funding

This research was supported by Kyungsung University Research Grants in 2019.