Training neural networks by resilient backpropagation algorithm for tourism forecasting

The main objective of this study is to presents a set of models for tourism destinations competitiveness, using the Artificial Neural Networks (ANN) methodology. The time series of two regions (North and Centre of Portugal) has used to predict the tourism demand. The prediction for two years ahead g...

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Bibliographic Details
Main Author: Fernandes, Paula O. (author)
Other Authors: Teixeira, João Paulo (author), Ferreira, João José (author), Azevedo, Susana Garrido (author)
Format: article
Language:eng
Published: 2014
Subjects:
Online Access:http://hdl.handle.net/10198/9736
Country:Portugal
Oai:oai:bibliotecadigital.ipb.pt:10198/9736
Description
Summary:The main objective of this study is to presents a set of models for tourism destinations competitiveness, using the Artificial Neural Networks (ANN) methodology. The time series of two regions (North and Centre of Portugal) has used to predict the tourism demand. The prediction for two years ahead gives a mean absolute percentage error between 5 and 9 %. Therefore, the ANN model is adequate for modelling and prediction of the reference time series. This model is an important and useful framework for better planning and development of these two regions as they operate in highly competitive markets.