Dependence of the Turkish Tourism Sector on Five Countries of Origin and Tourism Demand

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KAYMAZ V.

Tourism, vol.70, no.3, pp.383-394, 2022 (ESCI, Scopus) identifier

  • Publication Type: Article / Article
  • Volume: 70 Issue: 3
  • Publication Date: 2022
  • Doi Number: 10.37741/t.70.3.4
  • Journal Name: Tourism
  • Journal Indexes: Emerging Sources Citation Index (ESCI), Scopus, IBZ Online, International Bibliography of Social Sciences, CAB Abstracts, Central & Eastern European Academic Source (CEEAS), Hospitality & Tourism Complete, Hospitality & Tourism Index
  • Page Numbers: pp.383-394
  • Keywords: ARDL model, consumer confidence, exchange rate, tourism demand, tourist arrivals, unemployment
  • Open Archive Collection: AVESIS Open Access Collection
  • İstanbul Yeni Yüzyıl University Affiliated: No

Abstract

Because of its fragile structure, tourism is a sector where tourist arrivals fluctuate, and competition is high. Tourism demand is changing rapidly according to many different factors. Most of the tourist arrivals to Turkey are from European countries. This paper analyzes the relationship between tourist arrivals from countries of origin and basic macroeconomic variables in the period between 2010-2020. The study, which uses the Autoregressive distributed lag (ARDL) boundaries testing approach, shows that tourist arrivals interact with key macroeconomic variables such as exchange rate and unemployment rate. This situation reveals the necessity of eliminating dependence on certain countries in the tourism sector and turning to different markets.