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dc.contributor.authorBecken, Susanneen
dc.contributor.authorCarboni, A.en
dc.contributor.authorSchiff, A.en
dc.contributor.authorVuletich, S.en
dc.contributor.authorSmall, J.en
dc.date.accessioned2011-04-04T02:15:53Z
dc.date.issued2008-12en
dc.identifier.urihttps://hdl.handle.net/10182/3419
dc.description.abstractTourism in its present form is inherently dependent on oil. Tourism transport almost exclusively runs on fossil fuels and also other components of the tourism product such as accommodation or attractions rely on the input of oil into their production. Consequently, global oil prices, alongside other factors, are influencing the price a tourist has to pay, depending on how exactly they compose their tourism ‘consumption bundle’. For the case of New Zealand, the consumption bundles of 18 tourist segments (based on country of origin, travel style and purpose) were derived and changes in price between 1997 and 2007 were observed. The results show that transport related components increased in price above inflation rates, and segments that relied heavily on transport were therefore more affected than those whose consumption centred on sectors such as accommodation and retail. Moreover, comparisons with exchange rates show that the relative price of tourism in New Zealand is determined more by currency fluctuations than by other price effects, including that of oil. These results alongside with econometric models that relate international arrivals to oil price, and a tourism Computable General Equilibrium model will allow to assess those parts of tourism that will be most affected by global oil prices.en
dc.description.sponsorship3-year FRST-funded project on tourism & oil.en
dc.format.extent43-43en
dc.language.isoenen
dc.publisherLincoln University. LEaP.en
dc.relationThe original publication is available from - Lincoln University. LEaP.en
dc.rightsCopyright © The Authoren
dc.sourceNew Zealand Tourism and Hospitality Research Conference 2008en
dc.subjectglobal oil priceen
dc.subjectpeak oilen
dc.subjectimpacts on tourismen
dc.subjecttourism pricingen
dc.subjecttourism managementen
dc.subjectvulnerability of tourismen
dc.titleThe price of tourism in the context of global oil pricesen
dc.typeConference Contribution - Published
lu.contributor.unitLincoln Universityen
lu.contributor.unitFaculty of Environment, Society and Designen
lu.contributor.unitDepartment of Tourism, Sport and Societyen
pubs.finish-date2008-12-05en
pubs.notesOral presentation at the NZTHR Conference, 3-5 Dec, 2008, Hanmer Springs, New Zealand.en
pubs.organisational-group/LU
pubs.organisational-group/LU/Faculty of Environment, Society and Design
pubs.organisational-group/LU/Faculty of Environment, Society and Design/DTSS
pubs.publication-statusPublisheden
pubs.start-date2008-12-03en
dc.publisher.placeLincolnen
lu.subtypeConference Abstracten


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