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New developments in the forecasting of monthly overnight stays in the North Region of Portugal

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Detalhes bibliográficos
Resumo:The Tourism sector is of strategic importance to the North Region of Portugal and is growing. Forecasting monthly overnight stays in this region is, therefore, a relevant problem. In this paper, we analyze data more recent than those considered in previous studies and use them to develop and compare several forecasting models and methods. We conclude that the best results are achieved by models based on a non-parametric approach not considered so far for these data, the singular spectrum analysis.
Autores principais:Silva, Isabel
Outros Autores:Alonso, Hugo
Assunto:Forecasting Neural networks Overnight stays Singular spectrum analysis Time series
Ano:2020
País:Portugal
Tipo de documento:artigo
Tipo de acesso:acesso aberto
Instituição associada:Universidade de Aveiro
Idioma:inglês
Origem:RIA - Repositório Institucional da Universidade de Aveiro
Descrição
Resumo:The Tourism sector is of strategic importance to the North Region of Portugal and is growing. Forecasting monthly overnight stays in this region is, therefore, a relevant problem. In this paper, we analyze data more recent than those considered in previous studies and use them to develop and compare several forecasting models and methods. We conclude that the best results are achieved by models based on a non-parametric approach not considered so far for these data, the singular spectrum analysis.