Time Series Modeling Of International Tourists Arrivals In Malaysia For Prediction And SME Business Planning

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dc.contributor.authorJayaraman, Krishnaswamy
dc.contributor.authorLin, Soh Keng
dc.date.accessioned2019-10-03T07:05:28Z
dc.date.available2019-10-03T07:05:28Z
dc.date.issued2011
dc.description.abstractThe time series models have been constructed to predict the number of international arrivals into Penang by air and sea based on the avai lable data from January 2002 to December 2007. The month-wise seasonal factor has been determined and consequently the peak, moderate and lean tourists months have been detected. In addition, for the entire Malaysia, the total revenue was estimated for subsequent years based on the international arrivals and the average length of stay. The Malaysian tourism industry has flourished considerably over the years due to the growth of new tourist landmarks together with its rich cultural heritage. The industry generated 6. 78% of its total income from exports in 2008. The dynamic relationship between the macroeconomic factors and tourism revenue from January 2002 to December 2008 in Malaysia has been studied. Singapore in particular has been the major contributor for Malaysia in terms of international tourist arrivals and accounted for 50% of the arrivals to Malaysia on the average per year. It was observed from the study that visiting friends and relatives would be the main reason for Singaporeans to revisit Malaysia. A detailed scientific enquiry has also been made on the sustainable ecotourism in East Malaysia and the strategic impacts and policy recommendations for the tourism development towards the sustainable ecotourism to the industry players as well as the policy makers were highlighted.en_US
dc.description.sponsorshipResearch Universities Granten_US
dc.identifier.urihttp://hdl.handle.net/123456789/8925
dc.language.isoenen_US
dc.subjectExponential smoothing modelsen_US
dc.subjectAutoregressive Integrated Moving Average (ARIMA) modelsen_US
dc.subjectGoodness of fiten_US
dc.subjectConfidence Limitsen_US
dc.titleTime Series Modeling Of International Tourists Arrivals In Malaysia For Prediction And SME Business Planningen_US
dc.typeTechnical Reporten_US
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