- Journal Article
This paper analyses the effect of a change in the real exchange rate on the number of overnight stays in Swiss hotels. It uses unique three-dimensional panel data on the monthly number of overnight stays by the visitor’s country of origin in 141 Swiss communities during the ten-year period from January 2005 to December 2014. We find low exchange rate elasticities of 0.2 for cities, but much higher elasticities of 1.4 for touristic communities. On the source market side, we find large exchange rate elasticities for German, Dutch, and Belgian visitors, while travellers from France and Italy are less price sensitive Show more
Journal / seriesSwiss journal of economics and statistics
Pages / Article No.
PublisherSwiss Society of Economics and Statistics
SubjectReal exchange rate; tourism; overnight stays; Swiss Franc; Switzerland
Organisational unit06332 - KOF Forschungsbereich Öffentliche Finanzen / KOF Public Economics
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