UM  > ASIA-PACIFIC ACADEMY OF ECONOMICS AND MANAGEMENT
Residential Collegefalse
Status已發表Published
Enhancing tourism demand forecasting with a transformer-based framework
Li, Xin1; Xu, Yechi1; Law, Rob2; Wang, Shouyang3,4
2024-07-01
Source PublicationAnnals of Tourism Research
ABS Journal Level4
ISSN0160-7383
Volume107Pages:103791
Abstract

This study introduces an innovative framework that harnesses the most recent transformer architecture to enhance tourism demand forecasting. The proposed transformer-based model integrates the tree-structured parzen estimator for hyperparameter optimization, a robust time series decomposition approach, and a temporal fusion transformer for multivariate time series prediction. Our novel approach initially employs the decomposition method to decompose the data series to effectively mitigate the influence of outliers. The temporal fusion transformer is subsequently utilized for forecasting, and its hyperparameters are meticulously fine-tuned by a Bayesian-based algorithm, culminating in a more efficient and precise model for tourism demand forecasting. Our model surpasses existing state-of-the-art methodologies in terms of forecasting accuracy and robustness.

KeywordTemporal Fusion Transformer Time Series Decomposition Tourism Demand Forecasting Tree-structured Parzen Estimator
DOI10.1016/j.annals.2024.103791
URLView the original
Indexed BySSCI
Language英語English
WOS Research AreaSocial Sciences - Other Topics ; Sociology
WOS SubjectHospitality, Leisure, Sport & Tourism ; Sociology
WOS IDWOS:001246758800001
PublisherPERGAMON-ELSEVIER SCIENCE LTD, THE BOULEVARD, LANGFORD LANE, KIDLINGTON, OXFORD OX5 1GB, ENGLAND
Scopus ID2-s2.0-85194049607
Fulltext Access
Citation statistics
Document TypeJournal article
CollectionASIA-PACIFIC ACADEMY OF ECONOMICS AND MANAGEMENT
Corresponding AuthorLi, Xin
Affiliation1.School of Economics and Management, University of Science and Technology, Beijing, 100083, China
2.Asia-Pacific Academy of Economics and Management, Department of Integrated Resort and Tourism Management, Faculty of Business Administration, University of Macau, Taipa, Macao
3.Academy of Mathematics and Systems Science, Chinese Academy of Sciences, Beijing, 100190, China
4.School of Economics and Management, University of Chinese Academy of Sciences, Beijing, 100190, China
Recommended Citation
GB/T 7714
Li, Xin,Xu, Yechi,Law, Rob,et al. Enhancing tourism demand forecasting with a transformer-based framework[J]. Annals of Tourism Research, 2024, 107, 103791.
APA Li, Xin., Xu, Yechi., Law, Rob., & Wang, Shouyang (2024). Enhancing tourism demand forecasting with a transformer-based framework. Annals of Tourism Research, 107, 103791.
MLA Li, Xin,et al."Enhancing tourism demand forecasting with a transformer-based framework".Annals of Tourism Research 107(2024):103791.
Files in This Item:
There are no files associated with this item.
Related Services
Recommend this item
Bookmark
Usage statistics
Export to Endnote
Google Scholar
Similar articles in Google Scholar
[Li, Xin]'s Articles
[Xu, Yechi]'s Articles
[Law, Rob]'s Articles
Baidu academic
Similar articles in Baidu academic
[Li, Xin]'s Articles
[Xu, Yechi]'s Articles
[Law, Rob]'s Articles
Bing Scholar
Similar articles in Bing Scholar
[Li, Xin]'s Articles
[Xu, Yechi]'s Articles
[Law, Rob]'s Articles
Terms of Use
No data!
Social Bookmark/Share
All comments (0)
No comment.
 

Items in the repository are protected by copyright, with all rights reserved, unless otherwise indicated.