The Effect of Purchasing Power Parity (PPP) and Cryptocurrency Use on Changes in the Transaction Utility of International Tourists

Ikram Nur Muharam; Iis Patimah Tussyadiah

doi:10.1007/978-3-031-25752-0_11

Back

Conference proceeding

The Effect of Purchasing Power Parity (PPP) and Cryptocurrency Use on Changes in the Transaction Utility of International Tourists

Ikram Nur Muharam and Iis Patimah Tussyadiah

Information and Communication Technologies in Tourism 2023 - Proceedings of the ENTER 2023 eTourism Conference, January 18-20, 2023

Springer Proceedings in Business and Economics (SPBE)

Information and Communication Technologies in Tourism 2023 (ENTER23) (Johannesburg, South Africa, 18/01/2023 - 20/01/2023)

15/01/2023

DOI: https://doi.org/10.1007/978-3-031-25752-0_11

Abstract

transaction utility

bitcoin

cryptocurrency

purchasing power parity

Travellers behaviour

International tourism

This study investigates how exposure to local prices changes the transaction utility of international tourists, and the role of purchasing power parity (PPP) and the use of cryptocurrency in these changes. Findings indicate that tourists’ transaction utility did not vary all that much when they visited a country with comparable PPP to their own. Meanwhile, when traveling to countries with a lower PPP, tourists enjoy a heightened transaction utility. Furthermore, using Bitcoin results in greater transaction utility than using fiat currency.

Files and links (1)

url

http://enter-conference.org/View

Event WebsiteConference website

Metrics

40 Record Views

Details

Title: The Effect of Purchasing Power Parity (PPP) and Cryptocurrency Use on Changes in the Transaction Utility of International Tourists
Creators: Ikram Nur Muharam (Corresponding Author) - University of Surrey, School of Hospitality and Tourism Management
Iis Patimah Tussyadiah (Author) - University of Surrey, School of Hospitality and Tourism Management
Publication Details: Information and Communication Technologies in Tourism 2023 - Proceedings of the ENTER 2023 eTourism Conference, January 18-20, 2023
Conference: Information and Communication Technologies in Tourism 2023 (ENTER23) (Johannesburg, South Africa, 18/01/2023 - 20/01/2023)
Series: Springer Proceedings in Business and Economics (SPBE)
Publisher: Springer
Identifiers: 99728066502346
Copyright: © 2023 The Author(s). Open Access. This chapter is licensed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made. The images or other third party material in this chapter are included in the chapter's Creative Commons license, unless indicated otherwise in a credit line to the material. If material is not included in the chapter's Creative Commons license and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder.
Academic Unit: School of Hospitality and Tourism Management
Resource Type: Conference proceeding

The Effect of Purchasing Power Parity (PPP) and Cryptocurrency Use on Changes in the Transaction Utility of International Tourists

Abstract

Files and links (1)

Metrics

Details

Usage Policy