Exploring cruise ship passenger spending patterns in two Uruguayan ports of call |
| |
Authors: | Juan Gabriel Brida Emiliano Tealde |
| |
Affiliation: | 1. School of Economics and Management, Free University of Bolzano, Via Sernesi 1, I-39100, Bolzano, Italy;2. Department of Economics, Universidad ORT Uruguay, Bulevar Espa?a 2633, Montevideo, Uruguay |
| |
Abstract: | The cruise industry has become a significant component of the Uruguayan tourism economy in the last few years. The present study aims to provide a better understanding of the cruise industry by considering the expenditure of cruise ship passengers disembarking at the ports of call of Montevideo and Punta del Este as a key variable in the economic analysis of the costs and benefits. We estimate two cross-sectional regression models for cruise passenger expenditures, and show that the size of the group the visitors travel with and visitor mobility within the country are the most important variables to explain individual expenditure behaviour. We also include some management recommendations that policy-makers could implement in order to improve the economic profits from cruise ship tourism. |
| |
Keywords: | cruise industry Uruguay cruise passenger expenditure Logit Tobit |
|
|