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Interpretable tourism demand forecasting with temporal fusion transformers amid COVID-19
Binrong Wu1, Lin Wang1, Yu-Rong Zeng2
1School of Management, Huazhong University of Science and Technology, Wuhan, 430074 China.
Summary
This study introduces an interpretable tourism demand forecasting model using Adaptive Differential Evolution-Temporal Fusion Transformer (ADE-TFT). The model enhances prediction accuracy by integrating quantitative data with traveler sentiment analysis during the COVID-19 pandemic.
Area of Science:
- * Artificial Intelligence
- * Data Science
- * Tourism Management
Background:
- * Existing tourism demand forecasting models often lack interpretability.
- * The COVID-19 pandemic significantly impacted global travel patterns and necessitated more accurate forecasting methods.
Purpose of the Study:
- * To develop an interpretable tourism demand forecasting model.
- * To enhance prediction accuracy by incorporating diverse data sources, including sentiment analysis.
- * To optimize the Temporal Fusion Transformer (TFT) model using the Adaptive Differential Evolution (ADE) algorithm.
Main Methods:
- * Development of an Adaptive Differential Evolution-Temporal Fusion Transformer (ADE-TFT) model.
- * Utilizing historical tourism data, COVID-19 case numbers, and big data from travel forums/search engines.
- * Employing a Convolutional Neural Network (CNN) for traveler mood analysis and Latent Dirichlet Allocation (LDA) for topic modeling of travel-related discussions.
- * Keyword extraction from Google Trends data.
Main Results:
- * The ADE-TFT model demonstrated improved interpretability in tourism demand forecasting.
- * Integration of quantitative data and traveler sentiment analysis enhanced forecasting precision during the pandemic.
- * Attention analysis and input factor ranking provided insights into prediction drivers.
Conclusions:
- * The proposed ADE-TFT model offers a significant advancement in interpretable tourism demand forecasting.
- * Combining quantitative metrics with qualitative, sentiment-based features is effective for predicting tourism demand amidst crises.
- * The methodology provides valuable tools for understanding and forecasting travel behavior in dynamic environments.
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