The Economics of Tourism Destinations: Theory and Practice (3rd Edn)

The measurement of tourism, for example analysing competitiveness and evaluating tourism projects, is not an easy task. Now in its third edition, The Economics of Tourism Destinations: Theory and Practice provides a succinct guide to the economic aspects of tourism for students and practitioners alike to decipher the methods of measurement of supply, demand, trends and impacts. This new edition has been revised and updated to include:

• Three new chapters: Tourism as a development strategy, Tourism export-led growth, and a dedicated chapter on Macro-evaluation of tourism projects and events, including the travel cost method and the contingent valuation method.
• New case studies from emerging destinations in Asia, Australia and America to show theory in practice.
• New and updated data throughout.

Each chapter combines theory and practice and is integrated with international case studies. Combining macro- and micro-aspects of economics to the tourism destination, this is an invaluable resource for students learning about this subject, as well as being aimed at tourism researchers and policy-makers.

Norbert Vanhove (PhD Economic Sciences, Erasmus University, Rotterdam) started his career in tourism at WES Research & Strategy (Bruges) and is co-founder and honorary president of TRC (Tourism Research Center). He is one of the founding fellows of IAST (International Academy for the Study of Tourism) and has been vice-president of AIEST for over ten years. He has been visiting professor (1967–2001) and later treasurer at the College of Europe. Since 2002 he has been part-time professor at KULeuven (Tourism). In the years 1979–2000 he was general director of the Regional Development Authority of West-Flanders and of WES Research & Strategy.