Econometric Methods in Solving Problems of the Analysis of Investments in the Field of Tourism on the Example of France

Abstract

In this paper, we applied an econometric modeling technique as one of the investment analysis tools for predicting the value of cash flows when evaluating the effectiveness of investment in the tourism industry. We have shown, that the key role in management decisions making is identifying the factors that influence key industry variables. We proposed to use the flow of tourists and the average value of a check per tourist as the dependent variables. The results of the study were checked by French statistics.