the best forecasting methods

Forecasting with X-12-ARIMA: International tourist arrivals to India and Thailand

by Peter Balogh – Sandor Kovacs – Chukiat Chaiboonsri – Prasert Chaitip Ph.D. Forecasting is an essential analytical tool in tourism policy and planning. This paper focuses on forecasting methods based on X-12-ARIMA seasonal adjustment and this method was developed by the Census Bureau in the United States. It has been…