The purpose of this paper is to construct adequate seasonal ARIMA models, using Box-Jenkins methodology, and to implement them in order to forecast short run flows of tourist arrivals and tourist overnight stays in Montenegro. Time scope covers ten years, from 2001/01 to 2010/12, while twelve...

The purpose of this paper is to construct adequate seasonal ARIMA models, using Box-Jenkins methodology, and to implement them in order to forecast short run flows of tourist arrivals and tourist overnight stays in Montenegro. Time scope covers ten years, from 2001/01 to 2010/12, while twelve...

The purpose of this paper is to quantify seasonal variations in tourism and to benefit from an understanding of seasonality. The investigation was based on data regarding the number of tourist arrivals in Montenegro and the approach is based on five measures – seasonal range, coefficient of...