Saved in:
Bibliographic Details
Main Authors: Bajić, Buda, Milićević, Srđan, Antić, Aleksandar, Marković, Slobodan, Tomić, Nemanja
Format: Preprint
Published: 2024
Subjects:
Online Access:https://arxiv.org/abs/2404.04974
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1866911829871034368
author Bajić, Buda
Milićević, Srđan
Antić, Aleksandar
Marković, Slobodan
Tomić, Nemanja
author_facet Bajić, Buda
Milićević, Srđan
Antić, Aleksandar
Marković, Slobodan
Tomić, Nemanja
contents For modeling the number of visits in Stopića cave (Serbia) we consider the classical Auto-regressive Integrated Moving Average (ARIMA) model, Machine Learning (ML) method Support Vector Regression (SVR), and hybrid NeuralPropeth method which combines classical and ML concepts. The most accurate predictions were obtained with NeuralPropeth which includes the seasonal component and growing trend of time-series. In addition, non-linearity is modeled by shallow Neural Network (NN), and Google Trend is incorporated as an exogenous variable. Modeling tourist demand represents great importance for management structures and decision-makers due to its applicability in establishing sustainable tourism utilization strategies in environmentally vulnerable destinations such as caves. The data provided insights into the tourist demand in Stopića cave and preliminary data for addressing the issues of carrying capacity within the most visited cave in Serbia.
format Preprint
id arxiv_https___arxiv_org_abs_2404_04974
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Neural Network Modeling for Forecasting Tourism Demand in Stopića Cave: A Serbian Cave Tourism Study
Bajić, Buda
Milićević, Srđan
Antić, Aleksandar
Marković, Slobodan
Tomić, Nemanja
Econometrics
Artificial Intelligence
For modeling the number of visits in Stopića cave (Serbia) we consider the classical Auto-regressive Integrated Moving Average (ARIMA) model, Machine Learning (ML) method Support Vector Regression (SVR), and hybrid NeuralPropeth method which combines classical and ML concepts. The most accurate predictions were obtained with NeuralPropeth which includes the seasonal component and growing trend of time-series. In addition, non-linearity is modeled by shallow Neural Network (NN), and Google Trend is incorporated as an exogenous variable. Modeling tourist demand represents great importance for management structures and decision-makers due to its applicability in establishing sustainable tourism utilization strategies in environmentally vulnerable destinations such as caves. The data provided insights into the tourist demand in Stopića cave and preliminary data for addressing the issues of carrying capacity within the most visited cave in Serbia.
title Neural Network Modeling for Forecasting Tourism Demand in Stopića Cave: A Serbian Cave Tourism Study
topic Econometrics
Artificial Intelligence
url https://arxiv.org/abs/2404.04974