Dr. Jorge Ridderstaat from Rosen College of Hospitality Management introduces the concept of net financial wealth as a determinant of tourism demand. His investigation provides theoretical propositions for policymakers by studying how cycles of household net finances affect tourism demand. He focuses on three destinations: Aruba, Barbados, and Jamaica. The findings reveal that the influence of net financial wealth on tourism demand is context-based and is specific to households, cycles, and countries, across both time and probability dimensions.
Ridderstaat J. (2021). Households’ Net Financial Wealth as a Determinant of Tourism Demand Cycles: Evidence from US Travel to Selected Caribbean Destinations. Journal of Travel Research. [online] 60(3), 564-582. Available at: https://doi. org/10.1177/0047287520925174
"Households' Net Financial Wealth as a Determinant of Tourism Demand Cycles: Evidence from US Travel to Selected Caribbean Destinations,"
Rosen Research Review: Vol. 2:
2, Article 10.
Available at: https://stars.library.ucf.edu/rosen-research-review/vol2/iss2/10