From Quantity to Quality: Capturing Higher Spending Markets through a Segmentation of Travelers’ Expenditure
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In: Journal of Travel Research, Vol. 62, No. 1, 01.2023, p. 75-90.
Research output: Contribution to journal › Article › peer-review
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TY - JOUR
T1 - From Quantity to Quality: Capturing Higher Spending Markets through a Segmentation of Travelers’ Expenditure
AU - Rubina Nava, C.
AU - Osti, Linda
AU - Zoia, M.G.
PY - 2023/1
Y1 - 2023/1
N2 - Many tourism destinations aim at expanding their market share of high spending visitors by shifting from quantity to quality. The COVID-19 pandemic has forced the introduction of social distancing requiring hotspots and mass destinations to reduce their capacity. This paper proposes a two-step approach for identifying top spending European countries over time, distinguishing between leisure and business travelers. The methodology employs the Country Product Dummy index with a hierarchical clusterization, enriched by a convergence analysis. This approach overcomes general shortcomings of descriptive statistics and cluster analyses directly applied to raw expenditure data. The outcomes of this analysis provide a detailed picture of the European travelers’ expenditure across time and geographical area. The identified top spending countries of leisure and business travelers can be targeted through ad-hoc marketing campaigns and specific packages for privileging quality tourism and planning economic recovery in the post-COVID-19 reopening phase, while shifting away from mass tourism.
AB - Many tourism destinations aim at expanding their market share of high spending visitors by shifting from quantity to quality. The COVID-19 pandemic has forced the introduction of social distancing requiring hotspots and mass destinations to reduce their capacity. This paper proposes a two-step approach for identifying top spending European countries over time, distinguishing between leisure and business travelers. The methodology employs the Country Product Dummy index with a hierarchical clusterization, enriched by a convergence analysis. This approach overcomes general shortcomings of descriptive statistics and cluster analyses directly applied to raw expenditure data. The outcomes of this analysis provide a detailed picture of the European travelers’ expenditure across time and geographical area. The identified top spending countries of leisure and business travelers can be targeted through ad-hoc marketing campaigns and specific packages for privileging quality tourism and planning economic recovery in the post-COVID-19 reopening phase, while shifting away from mass tourism.
U2 - 10.1177/00472875211054568
DO - 10.1177/00472875211054568
M3 - Article
VL - 62
SP - 75
EP - 90
JO - Journal of Travel Research
JF - Journal of Travel Research
SN - 0047-2875
IS - 1
ER -