Abstract

The tourism sector is a critical component of a country’s economy, including in Indonesia, where its impact is felt both nationally and regionally, such as in provinces and cities. This research focuses on Bali Province and aims to conduct a comparative analysis of the Holt-Winter’s and Seasonal Auto-regressive Integrated Moving Average (SARIMA) methods for forecasting foreign tourist arrivals. The analysis centers on two primary entry points: Ngurah-Rai Airport and the seaport. The primary objective is to forecast the number of foreign tourist arrivals from February 2024 to January 2025. The results indicate that the Holt-Winter’s model has a Mean Absolute Percentage Error (MAPE) of 5.2631%, which is lower than the MAPE of 5.8920% for the SARIMA model. Additionally, the Mean Absolute Error (MAE) for the Holt-Winter’s model is 19,149.18, compared to 20,883.20 for the SARIMA model. Consequently, this study concludes that the Holt-Winter’s model provides more accurate predictions and is closer to the actual values than the SARIMA model. Bali, Holt-Winter’s, forecasting, SARIMA, tourism.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.