Economic evaluation of destination image

Abstract

This work develops a new methodology for economic evaluation of destination image, adding two main advantages over the traditional methods used before: (1) it allows to differentiate the geographical destination image from the subjective experience holydays of the tourist in that destination. Thus, it facilitates the differentiation between the destination perceived image measure, the experience perceived image and finally, the experience perceived image influenced by the destination perceived image; and (2) it allows the economic evaluation of the destination image and its attributes. The results show academic and practical implications for the economic evaluation of the destination investment to increase their competitiveness in the market, and facilitate to improve marketing planning to increase the destination image.