Long-run Economic and Demographic Influences on International Tourism
Project Description
Travel and tourism play a crucial economic role globally, but Switzerland has seen a decline in international tourism over recent decades. Once the 5th most visited country in 1950, it now ranks 35th. This project aims to investigate the long-term trends that may explain this shift, focusing on four key factors: catch-up economic growth in emerging markets, population aging, migration patterns, and environmental changes. For the first time, the project will analyze how catch-up growth and population aging specifically influence global travel behavior and Switzerland’s tourism sector.
As an application, the project will provide long-term projections of international travel to Switzerland, based on expected changes in these trends. By examining the impact of these global shifts, the research aims to offer insights that can help shape tourism policy and industry strategies in Switzerland, ensuring that the country can adapt to evolving patterns in international tourism.
The LORINT project is a research project aimed at investigating the long-term impact of future demographic, key macroeconomic, and selected environmental trends on international travel demand over time.
Some of the key objectives are:
- Investigating whether population aging modifies the flows of international travel.
- Examining the interactions and joint impacts of population aging, migration, catch-up growth, and environmental changes on international travel.
- Develop a Macroeconometric simulation tool for long-term international travel demand.