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The impact of airport parking fees on the tourist's airport/airline choice behavior
Abstract:This paper analyzes the airport/airline choice behavior of tourists for Saxony/Germany. We employ flexible parametric choice methods (mixed logit) in order to test the effect of standard attributes on the choice probability. In addition we extend existing literature with the introduction of parking charges in the choice experiment. Our results show a significant and negative impact of parking charges on airport choice probability. Thus, we can compute high elasticities of parking charges for tourists. These results suggest, that airport managers have in form of parking policies a powerful policy instrument as they can directly affect the size of the airport catchment area.
Keywords:Airport/airline choices  Airport parking fees  Discrete choice model  Mixed logit model
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