Consumer surplus analysis using the Travel Cost Method (TCM) at the Petrus Kafiar Beach tourist attraction, Manokwari Regency, West Papua

Abstract

This study aims to determine the economic value of tourism objects and whether there is a consumer surplus at the Petrus Kafiar beach based on the Travel Cost Method (TCM). The consumer surplus value is obtained by using the Individual Travel Cost Method (ITCM) approach and willingness to pay to calculate the willingness to pay of tourists visiting Petrus Kafiar Beach. The value of WTP obtained is Rp 23.358,21 per person per visit. Meanwhile, the average WTP (willingness to pay) per year for one visit is only Rp 5.491,23. The results of the integral calculation to find the consumer surplus of visitors to the Petrus beach tourism object, the consumer surplus is ranged from Rp 5.201,5 to Rp 10.403,91 per individual/visit. As for the factors that influence the number of visits to Petrus Kafiar beach, two significant variables were found, namely the level of income and distance at the 95% confidence level.