Hierarchical forecasts for Australian domestic tourism

@inproceedings{Athanasopoulos2009HierarchicalFF,
  title={Hierarchical forecasts for Australian domestic tourism},
  author={George Athanasopoulos and Roman A. Ahmed and Rob J. Hyndman},
  year={2009}
}
In this paper we explore the hierarchical nature of tourism demand time series and produce short-term forecasts for Australian domestic tourism. The data and forecasts are organized in a hierarchy based on disaggregating the data for different geographical regions and for different purposes of travel. We consider five approaches to hierarchical forecasting: two variations of the top-down approach, the bottom-up method, a newly proposed top-down approach where top-level forecasts are… CONTINUE READING
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