MEASUREMENT OF TOURISM MARKET PERFORMANCE IN EU COUNTRIES: RESULTS OF PROMETHEE - GAIA APPROACH
Abstract
Tourism is one of leading economic activities in the EU, which significantly contributes to economic development. In order to achieve a sustainable, responsive and high-quality tourism development, it is necessary to plan a strategy that will efficiently use and intensify the processes of tourism development in the EU. The variations in the types and needs of the tourists and the tourist industry impose a multi-dimensional approach to the study of the tourism market. This paper implements a simple methodology for measuring the performance of the EU tourism market using an integrated model for ranking-PROMETHEE model. Based on the eight criteria defined in relation to the performance of the tourist market, the ranking of the 28 EU countries will be carried out. The results of the model will point to the evaluation of the tourism market performance and will define the recommendations and strategies for the tourism market development in relation to the countries that have the best rank.
Downloads
References
Antanasijević, D., Pocajt, V., Ristić, M., & Perić-Grujić, A. (2017). A differential multi-criteria analysis for the assessment of sustainability performance of European countries: Beyond country ranking. Journal of Cleaner Production, Vol. 165, 213-220.
Antonakakis, N., Dragouni, M., & Filis, G. (2015). Tourism and growth: The times they are a-changing. Annals of Tourism Research, Vol. 50, 165-169.
Andreopoulou, Z., Tsekouropoulos, G., Koliouska, C., & Koutroumanidis, T. (2014). Internet marketing for sustainable development and rural tourism. International journal of business information systems, Vol. 16, No. 4, 446-461.
Ardahaey, F. T. (2011). Economic impacts of tourism industry. International Journal of Business and Management, Vol. 6, No. 8, 206-215.
Bertoli, S., Brücker, H., & Moraga, J. F. H. (2016). The European crisis and migration to Germany. Regional Science and Urban Economics, Vol. 60, 61-72.
Barros, C. P., Botti, L., Peypoch, N., Robinot, E., & Solonandrasana, B. (2011). Performance of French destinations: Tourism attraction perspectives. Tourism Management, Vol. 32, No. 1, 141-146.
Bradić, M., Kosar, L., Djeri, L., Vukosav, S., & Garača, V. (2017). Eco-labelling of accommodation facilities and its perception by rural tourists: case study of Vojvodina. Ekonomika Poljoprivrede, Vol. 64, No. 1, 205-219.
Brans, J.P. (1982). 'L'ingéniérie de la decision; Elaboration d'instruments d'aide à la décision. Méthode PROMETHEE', In R. Nadeau and M. Landry, editors, L’aide ŕ la décision: Nature, Instruments et Perspectives d’Avenir. Presses de l’Université Laval. Québec, Canada, 183-213.
Brans, J.P. Mareschal, B. Vincke, Ph. (1984). PROMETHEE: A new family of outranking methods in multi-criteria analysis, in Brans, J.P. (Ed.), Operational Research '84, North-Holland, Amsterdam, 447–490.
Brans, J.P., Vincke, Ph. (1985). A preference ranking organisation method: The PROMETHEE method for MCDM. Management Science, Vol. 31, No. 6, 647-656.
Brans, J.P. Mareschal, B. Vincke, Ph. (1986). How to decide with PROMETHEE GAIA Software, ULB and VUB Brussels Universitie, Vrije Universiteit Brussel, 1-5.
CIA database: https://www.cia.gov/library/publications/the-world-factbook/rankorder/2053rank.html, (15 December 2017)
Despotović, D., & Durkalić, D. (2017). Analysis of budget deficit in the candidate countries for EU membership. Serbian Journal of Management, 12(2), 237-253.
EUROSTAT database: http://ec.europa.eu/eurostat/data/database, (15 December 2017)
Guizzardi, A., & Mazzocchi, M. (2010). Tourism demand for Italy and the business cycle. Tourism Management, Vol. 31, No. 3, 367-377.
Guerin, M. A. J. (2004). The French initiative for innovation in tourism: How to rejuvenate supply and increase the productivity of the tourism sector?. Paris: Organization for Economic Cooperation and Development,1-8.
Hagiu, A., & Tanascovici, M. (2012). Competitive position of the European Union tourism industry. Strategies for maintaining it. Agricultural Management/Lucrari Stiintifice Seria I, Management Agricol, Vol. 14, No. 2, 343-350.
Kovačić, M. (2010). Selecting the Location of a Nautical Tourism Port by applying PROMETHEE And GAIA Methods Case Study–Croatian Northern Adriatic. PROMET-Traffic&Transportation, Vol. 22, No. 5, 341-351.
Lakićević, M., Žarevac Bošković, M., (2016), The role of modern event-based tourism industry in the tourism development in the Republic of Serbia, 2nd International Scientific Conference – Thematic Proceedings II, Faculty of Hotel Management and Tourism, Vrnjačka Banja, 434-451, http://www.hit-vb.kg.ac.rs/conference/images/thematic_proceedings/thematic-proceedings-i.pdf
Mićović, A., (2017), Tourism Development and Evolution of Tourism Related Rules, 2nd International Scientific Conference – Thematic Proceedings II, Faculty of Hotel Management and Tourism, Vrnjačka Banja, 181-202. http://www.hit-vb.kg.ac.rs/conference/images/thematic_proceedings/2017_II.pdf
Michailidis, A., & Chatzitheodoridis, F. (2006). Scenarios analysis of tourism destinations. Journal of Social Sciences, Vol. 2, No. 2, 41-47.
Milićević, S., Petrović, J. (2017), Tourist Products in the Function of Improving Competitiveness of Serbia as a Tourist Destination, 2nd International Scientific Conference – Thematic Proceedings I, Faculty of Hotel Management and Tourism, Vrnjačka Banja, 167-183. http://www.hit-vb.kg.ac.rs/conference/images/thematic_proceedings/2017_I.pdf
Obradović, S., Fedajev, A., & Nikolić, Đ. (2012). Analysis of business environment using the multi-criteria approach: Case of Balkan's transition economies. Serbian Journal of Management, Vol. 7, No. 1, 37-52.
Pavlović, M., Radivojević, N., & Lazić, J. (2009). Sustainable development of spa tourism in Serbia. Industrija, Vol. 37, No. 2, 37-57.
Ranjan, R., Chatterjee, P., & Chakraborty, S. (2016). Performance evaluation of Indian states in tourism using an integrated PROMETHEE-GAIA approach. Opsearch, Vol. 53, No. 1, 63-84.
Santana-Gallego, M., Ledesma-Rodríguez, F., & Pérez-Rodríguez, J. (2016). The euro effect: Tourism creation, tourism diversion and tourism potential within the European Union. European Union Politics, Vol. 17, No. 1, 46-68.
Sofronov, B. (2017). The Economic Impact on Global Tourism. Annals of Spiru Haret University, Economic Series, Vol. 17, No. 2, 127-139.
UNWTO, (2017), Tourism Highlights, 2017 Edition, https://www.e-unwto.org/doi/pdf/10.18111/9789284419029 (22 December 2017)
Voza, D., Milošević., I. Durkalić, D. & Mihajlović., I. (2016), Environmental Awareness Of European Youth: A Comparative Study, Monograph study: Environmental awareness as universal European Value, Bor, Serbia, 5-18., http://media.sjm06.com/2016/02/Monograph-Environmental-awareness-as-a-universal-European-Value.pdf
WORLD BANK database: https://data.worldbank.org/, (15 December 2017)
Zsarnoczky, M., (2017), Accessible Tourism in the European Union, 6th Central European Conference in Regional Science Conference Proceedings: "Engines of Urban and Regional Development". Faculty of Economics, Matej Bel University in Banská Bystrica, 30-39.
Zurub, H. H., Ionescu, A., & Constantin, V. D. (2015). Measuring the Economic Impact of Tourism in European Emerging Markets. Procedia Economics and Finance, Vol. 32, 95-102.