Judgmental Forecasting Support Systems in Tourism

Valeria Croce, Karl Wöber

Research output: Contribution to journalArticleResearchpeer-review

Abstract

In an increasingly competitive industry, tourism managers are faced with the necessity of estimating future values of demand in the short term despite the limitations of scarcity, volatility and uncertainty. A convenient and flexible approach such as judgemental forecasting holds promise in addressing the major issues in the field of tourism demand forecasting. This paper presents an innovative approach, which uses the opportunities offered by decision support systems to tackle the main issues associated with judgemental forecasting. A forecasting system that supports collaborative short-term forecasting tasks among tourism managers is offered as a case example.
Original languageEnglish
Pages (from-to)709-724
Number of pages16
JournalTourism Economics
Volume17
Issue number4
DOIs
Publication statusPublished - 1 Aug 2011

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