Increase in tourism arrivals - correct measure of success?
I briefly touched on measuring success correctly and thought I would do a quick example of a market share calculation - to check whether th...
http://www.beach2bigcity.com/2014/04/increase-in-tourism-arrivals-correct_27.html
I briefly touched on measuring success correctly and thought I would do a quick example of a market share calculation - to check whether the increase in tourism arrivals celebrated in Seychelles is really a success relative to 'the market'.
I chose the 5 main destinations in the Indian Ocean as 'the market', since, I feel these have lots in common, including cost of vacations and tropical environment (I am sure the statisticians among my readers may argue better choices).- Mauritius lost the most market share
- Sri Lanka gained the most
- Seychelles did not gain any market share
FURTHER FOOD FOR THOUGHT!
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