The Economics of Tourism Destinations

Revised and updated, the fifth edition of The Economics of Tourism Destinations provides a guide to the economic aspects of tourism for students and practitioners to decipher the methods of measurement of supply, demand, trends and impacts as well as the role of tourism in development strategy for destinations and regional development. Each chapter combines theory and practice with international case studies throughout. New to this fifth edition: - New content on overtourism, tourism's vulnerability, DMO and overtourism, the new travel and tourism development index, AI and tourism, and sustainable development. - Pedagogical features: new case studies, discussion questions and student activities to show theory in practice and encourage reflection on the content. - Updated data throughout and reference to important new literature. Combining macro and micro aspects of economics to the tourism destination, this book is an invaluable resource for students studying this topic.

Norbert Vanhove (PhD in economic sciences, Erasmus University, Rotterdam) started his career in tourism at WES Research & Strategy (Bruges) and is a co-founder and honorary president of TRC (Tourism Research Center). He is one of the founding fellows of IAST (International Academy for the Study of Tourism) and has been vice-president of Association Internationale d'Experts Scientifiques du Tourisme (AIEST) for over ten years. He has been a visiting professor (1967-2001) and later treasurer at the College of Europe. Since 2002, he has been part-time professor at KU Leuven (Master Program Tourism). In the years 1979-2000, he was a general director of the Regional Development Authority of West-Flanders and of WES Research & Strategy.

1. The Economic Characteristics of the Tourism Sector. 2. Measuring Tourism. 3. Tourism Demand. 4. Overtourism. 5. Tourism's Vulnerability: Terrorism and Pandemics. 6. Tourism Supply. 7. Pricing and Taxation. 8. Competition and the Tourism Destination. 9. Forecasting Tourism Demand. 10. Tourism as a Development Strategy. 11. Tourism Export-Led Growth. 12. The Economic Impact of Tourism. 13. Micro-Evaluation of Projects in the Tourism and Hospitality Industry. 14. Macro-Evaluation of Projects in the Tourism and Hospitality Industry. 15. Tourism and Sustainable Development.