The Influence of Travel Costs on The Economic Valuation of Bokori Island Tourist Attraction
Keywords:Economic Valuation, Tourist Attraction, Travel Costs
The effect of travel costs on tourism is useful in the development of tourism activities. In this case, travel costs aim to determine how much economic valuation is given by tourists to a natural resource, and the research objective of the benefits of economic valuation is to provide an overview of information for outside investors to assess the tourism potential of Bokori Island and other tourism, as well as to make a guideline or reference for decision making in government policies in developing the tourism sector. The analytical tool used in this study was simple linear regression with the help of the program. The results showed that the travel cost variable had a significant effect on the economic valuation variable for Bokori Island. This can be seen from the probability t-statistics of 0.000, which is smaller than the alpha value of 5% (0.05), with an economic valuation value of Rp. 9,104,683,500/year).
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