This revised edition incorporates new material on the sharing economy, AI, surface and marine transport, resident quality of life issues, the price mechanism, the economic contribution of tourism, and tourism and economic growth. It remains an accessible text for students, researchers and practitioners in tourism economics and policy.

Part 1 Tourism Demand and Supply Chapter 1. The Demand for Tourism Chapter 2. Tourism Supply Chapter 3. The Price Mechanism Chapter 4. Tourism and Market Structure Chapter 5. Strategic Pricing in Tourism Part 2 Tourism Forecasting Chapter 6. Forecasting Tourism Demand Part 3 Tourism’s Economic Contribution and Economic Impacts Chapter 7. Economic Contribution of Tourism Chapter 8. Measuring Economic Contribution: Tourism Satellite Accounts Chapter 9. Economic Impacts of Tourism Chapter 10. Economic Evaluation of Special Events Part 4 Tourism Investment and Taxation Chapter 11. Investment by Tourism Firms Chapter 12. Investment in Tourism Infrastructure Chapter 13. Taxation of Tourism Part 5 Tourism and Transport Chapter 14. Tourism and Transport Part 6 Tourism and the Environment Chapter 15. Valuing Tourism’s Environmental Effects Chapter 16. Economic Instruments and Environmental Protection in Tourism Part 7 Tourism, Growth and Sustainability Chapter 17. Tourism and Economic Growth Chapter 18. Tourism and Sustainable Development Part 8 Destination Competitiveness Chapter 19. Destination Competitiveness Part 9 Future Directions Chapter 20. Future Directions in Tourism Economics

This second edition shows that the authors have been continuously improving the relevance and readability of the text with the latest research findings in tourism economics. It is very well written and the flow and logic of the writing is appropriate and easily accessible for students, researchers and practitioners.