Abstract
The authors use a set of econometric models to analyse the destination choices of international travellers who responded to the 2009 Survey of International Air Travelers of the US Department of Commerce. The models take into account the demographic characteristics of the individual travellers. The authors estimate that the elasticity of the number of travellers to a country with respect to airfares ranges from –0.953 to –0.810, and the elasticity with respect to the level of consumer prices in the destination country ranges from –0.273 to –0.204.
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