A study on the determinants of leisure travel spending.

This research examines the relationship between travel expenditure and the variables; real income, consumer confidence, financial well-being and the perceived price of travel. The 120 responses collected were analysed using multiple regression and Pearson's correlational tests. Results indicate...

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Bibliographic Details
Main Authors: Ling, Wai Ming., Khoo, Victor Han Seong., Wong, Yvonne Li Ling.
Other Authors: Litvin, Stephen Wayne
Format: Final Year Project
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/11443
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Institution: Nanyang Technological University
Description
Summary:This research examines the relationship between travel expenditure and the variables; real income, consumer confidence, financial well-being and the perceived price of travel. The 120 responses collected were analysed using multiple regression and Pearson's correlational tests. Results indicated that real income and consumer confidence were both strong explanatory variables for leisure travel spending, while financial well-being was not. Travel fair attendance and housing types were also found to correlate with travel spending.