Definition: Price indices on tourism from the demand side
Price indices on tourism from the demand side measure changes in prices over time of a given pattern of tourism expenditure, or compare the price level of tourism expenditure in space. Therefore, these indices can be subdivided into:
(a) inter-temporal (time) price indices, and
(b) inter-spatial (space) price indices.
Many inter-temporal price indices from the demand side can be constructed depending on the expenditure covered by each index.
The inter-spatial price indices can be distinguished into:
· inter-regional price indices, which make comparisons of the price level of tourism expenditure between regions of a country, and
· international price indices, which compare the price level of tourism expenditure between countries.
A "Tourism Expenditure Price Index" can measure the price changes of total expenditure made by all visitors (residents and non-residents) in the economic territory of a country (region, area).
Eurostat, "Methodological manual on the design and implementation of surveys on inbound tourism", Office for Official Publications of the European Communities, Luxembourg, 2000, Appendix A, Classification and Glossary