Neural Network Modeling for Forecasting Tourism Demand in Stopi\'{c}a Cave: A Serbian Cave Tourism Study
Buda Baji\'c, Sr{\dj}an Mili\'cevi\'c, Aleksandar Anti\'c, Slobodan, Markovi\'c, Nemanja Tomi\'c

TL;DR
This study compares classical, machine learning, and hybrid neural network models for forecasting tourist visits to Stopića Cave in Serbia, highlighting the superior performance of the NeuralProphet model that incorporates seasonality, trends, and exogenous variables.
Contribution
Introduces a hybrid NeuralProphet model combining classical and machine learning techniques for improved tourism demand forecasting in environmentally sensitive sites.
Findings
NeuralProphet outperformed ARIMA and SVR in prediction accuracy.
Inclusion of seasonality and trend improves model performance.
Google Trends as an exogenous variable enhances demand modeling.
Abstract
For modeling the number of visits in Stopi\'{c}a cave (Serbia) we consider the classical Auto-regressive Integrated Moving Average (ARIMA) model, Machine Learning (ML) method Support Vector Regression (SVR), and hybrid NeuralPropeth method which combines classical and ML concepts. The most accurate predictions were obtained with NeuralPropeth which includes the seasonal component and growing trend of time-series. In addition, non-linearity is modeled by shallow Neural Network (NN), and Google Trend is incorporated as an exogenous variable. Modeling tourist demand represents great importance for management structures and decision-makers due to its applicability in establishing sustainable tourism utilization strategies in environmentally vulnerable destinations such as caves. The data provided insights into the tourist demand in Stopi\'{c}a cave and preliminary data for addressing the…
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Taxonomy
TopicsRegional Development and Management Studies
