High Speed Rail and the tourism market: Evidence from the Madrid case study

By Francesca Pagliara, A. Pietra, Juan Gomez, José Manuel Vassallo. 2015

143 citations recorded by the source corpus.

Marketing decisions and strategic planning of tourism provisions require improving the knowledge of factors affecting tourism demand, as well as making better forecasts of tourism flows in the short and long-term. In this respect, approaching how holidaymakers select their holiday destinations and investigating which factors determine their choices emerge as a key challenge. The aim of this paper is to analyze the role of High Speed Rail systems on destination choice, specifically on urban tourism destinations. To that end, a quantitative analysis is carried out through logistic regression models aimed at analyzing how different explanatory variables affect tourists' choice of a destination. A Revealed Preference survey was conducted in June 2013 in Madrid, where tourists were interviewed close to the most attractive tourist sites. Preliminary results show that the Spanish High Speed Rail system seems to have a significant effect on the tourists' choice to visit other cities close to Madrid, but the choice of Madrid as a tourist destination is not influenced by the presence of High Speed Rail. Indeed other factors play a significant role.

Subfields: Economics and Econometrics, Sociology and Political Science, Transportation

View Paper: https://www.semanticscholar.org/paper/50b7b3fd5930c7f18a0e4047a1fde03392086f1b

How researchers see this paper

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In Economics and Econometrics

  1. Daniel Albalate
  2. Syed Abdul Rehman Khan
  3. Yu Zhang
  4. Xavier Fageda
  5. Khalid Zaman
  6. G. Bel
  7. M. Warner
  8. Muhammad Shahbaz

In Sociology and Political Science

  1. Daniel Albalate
  2. Khalid Zaman

In Transportation

  1. Daniel Albalate
  2. Xavier Fageda

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