Since the publication of the first edition of this seminal textbook, the tourism economics landscape has undergone many changes. In this concise revised edition, the authors have incorporated new approaches and ideas influencing tourism economics and policy. This includes discussions of the implications of the sharing economy and its effect on industry structure in accommodation and transport, and Artificial Intelligence (AI) techniques that are being increasingly employed in tourism forecasting. It also includes new material on surface and marine transport, resident quality of life issues, the price mechanism, the economic contribution of tourism, tourism and economic growth, and tourism and sustainable development. It remains an appropriate and accessible text for students, researchers and practitioners in tourism economics and tourism policy.
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Larry Dwyer is Visiting Research Professor at University of Technology, Sydney, Australia. He is also Adjunct Professor at Griffith University, Australia and University of Ljubljana, Slovenia. Peter Forsyth is Adjunct Professor, Monash University, Melbourne, Australia. Wayne Dwyer is a former Senior Lecturer in economics and finance at the University of Western Sydney, Australia.
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