Sample interview questions: How do you assess the impact of destination competitiveness on tourism investment flows?
Sample answer:
- Measure Destination Competitiveness:
- Use established competitiveness indices like the Global Competitiveness Index or the Travel and Tourism Competitiveness Index to assess destination competitiveness over time.
- Consider factors such as infrastructure, safety, attractions, accessibility, and business environment.
- Tourism Expenditure Analysis:
- Examine the relationship between tourism expenditure and destination competitiveness.
- Analyze how changes in competitiveness affect tourist spending patterns and overall tourism revenue.
- Tourism Investment Flows:
- Gather data on tourism investment projects and investments in tourism-related infrastructure and facilities.
- Compare investment flows across destinations and time periods to understand trends and patterns.
- Econometric Analysis:
- Employ econometric models to assess the impact of destination competitiveness on tourism investment flows.
- Control for other factors that may influence investment, such as economic conditions, political stability, and exchange rates.
- Correlation Analysis:
- Examine the correlation between destination competitiveness and tourism investment flows.
- Use statistical tests to determine the significance and strength of the correlation.
Source: https://hireabo.com/job/11_1_13/Tourism%20Research%20Analyst