Factors affecting the travel expenditure of visitors to Macau, China
Abstract:This study examines factors affecting the travel expenditures of visitors to Macau. Employing Tobit analysis, the study investigates the effects of socio-demographic and trip-related characteristics on total expenditure, as well as various travel expenditures across different expenditure functions. Three locations were used for data collection: the border gate with mainland China, the Macau ferry terminal and Macau International Airport. Tourists who were married, had a higher education background and household income and were in a large party tended to spend more on total travel-related expenditures. Distance to Macau turned out to be another important variable affecting tourists' travel expenditure patterns. Compared to tourists from mainland China or Hong Kong, long-haul foreign tourists to Macau spent more on lodging and shopping. Considering the high contribution margin of international long-haul tourists, Macau's tourism industry should entice more of these visitors to generate even higher revenues.
Document Type: Research Article
Publication date: August 1, 2011
Tourism Economics, published bimonthly, is a peer-reviewed journal devoted to the economics and finance of tourism worldwide. Articles address the components of the tourism product (accommodation; restaurants; merchandizing; attractions; transport; entertainment; tourist activities); and the economic organization of tourism at micro and macro levels (market structure; role of public/private sectors; community interests; strategic planning; marketing; finance; economic development).
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