4.7 Article

Forecasting tourist arrivals with machine learning and internet search index

Journal

TOURISM MANAGEMENT
Volume 70, Issue -, Pages 1-10

Publisher

ELSEVIER SCI LTD
DOI: 10.1016/j.tourman.2018.07.010

Keywords

Tourism demand forecasting; Kernel extreme learning machine; Search query data; Big data analytics; Composite search index

Funding

  1. National Natural Science Foundation of China [51505307, 11471275]
  2. General Research Fund [CityU 11216014]
  3. Research Grants Council of the Hong Kong Special Administrative Region, China [T32-101/15-R]

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Previous studies have shown that online data, such as search engine queries, is a new source of data that can be used to forecast tourism demand. In this study, we propose a forecasting framework that uses machine learning and internet search indexes to forecast tourist arrivals for popular destinations in China and compared its forecasting performance to the search results generated by Google and Baidu, respectively. This study verifies the Granger causality and co-integration relationship between internet search index and tourist arrivals of Beijing. Our experimental results suggest that compared with benchmark models, the proposed kernel extreme learning machine (KELM) models, which integrate tourist volume series with Baidu Index and Google Index, can improve the forecasting performance significantly in terms of both forecasting accuracy and robustness analysis.

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