Modelling the spending of tourists in coastal Denmark

Author: Carl Henrik Marcussen.

This paper develops and presents a regression model for the spending of tourists visiting Denmark, including anglers. The model fits coastal areas and big city areas equally well (R2=0.39), and the fit for Denmark overall is even better, due to the larger number of observations (R2=0.52). On average, angling overnight tourists spend less per night than other (or all other) tourists visiting coastal areas. However, their length of stay is longer than for coastal tourists overall. Correspondingly, the regression model shows that angling tourists spend significantly less per night than other tourists, all other things being equal.