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The Relationship Between Tourism and the Airline Industry

The Relationship Between Tourism and the Airline Industry. John Kalush. Related Researches. “Preliminary results for international tourism in 2002; air transport after 11 September” John G.C. Kester (2002)

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The Relationship Between Tourism and the Airline Industry

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  1. The Relationship Between Tourism and the Airline Industry John Kalush

  2. Related Researches • “Preliminary results for international tourism in 2002; air transport after 11 September” John G.C. Kester (2002) • “Comparing Orlando leisure travelers to travelers to other Florida destinations” William S. Reece (2002) • “Americans at Play” Alison S. Wellner (1997)

  3. Recent trends in the Tourism Industry • People have been taken shorter but more frequent trips • The most likely to travel are the baby boomers and higher educated • The higher a persons disposable income the more they travel

  4. Percent of Trips by mode and Roundtrip Distance

  5. The Airline and Tourism Industries • 26% of families flew on their vacation in 2002 up from 20% in 2001 • The median flight distance was 2,068 miles for vacations

  6. Trips by Mode and Household Income

  7. National Tourist Destinations • Orlando - 30.4 million visitors in 2000 29 million visitors in 2001 31.5 million visitors in 2002 • Las Vegas – 35.8 million visitors in 2000 35 million visitors in 2001 35 million visitors in 2002 • Hawaii – 6.9 million visitors in 2000 6.3 million visitors in 2001 6.3 million visitors in 2002 • By 2004 it is expected that the economies to Tourism based economies will be stronger then ever.

  8. Reasons for the slowdown in growth • International tensions • Terrorism • Worries about diseases

  9. Regression Analysis Dependent variable – Tourists to “National Tourism Destinations” Independent variables – Disposable Income, Total trips taken, and Number of flights

  10. Y Travelers to Tourist Destinations= -31.826 + 5.6457 Flights + .001453 Disposable Income + .12864 Total trips • R^2=.9024 • There was multicollinearity present in the regression

  11. Changes in Travel • Travelers are taking more trips closer to home • On-Line reservations have been making trips more affordable • Many more travelers are booking their trips closer to when they are leaving • Low cost airlines have been more and more popular • The biggest cut in airline travel has been businesses travel

  12. How Tourism is doing after 9/11 • Most families drive to there destination before and after the 11th • Growing Supply – baby boomers traveling in record numbers • Traveling is becoming more and more affordable

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