Forecasting Finland's income from foreign tourists based on mathematical multi-factor models

This article is about study of Finland's income from arriving foreign tourists. Some socioeconomic factors that could influence the system are selected. A number of mathematical models are constructed, and the linear multivariate model is selected as the best in terms of approximation and post-forecast. A short-term forecast is made by the model, and the sensitivity of income from arriving tourists to changes of managed and unmanaged factors is investigated. Some recommendations for increasing profitability are formulated based on the results of the study.