ABSTRACT Tourism in advanced economies is increasingly exposed to global uncertainty arising from geopolitical tensions, inflationary pressures, and rapid technological change, raising concerns about the resilience and sustainability of tourism demand. Motivated by these challenges, this study examines how geopolitical risk, price stability, financial technology, renewable energy use, and economic growth jointly shape inbound tourism demand in OECD countries. Using balanced panel data for 10 OECD economies over the period 2000–2022, the analysis applies a comprehensive econometric framework incorporating cross‐sectional dependence tests, second‐generation unit root tests, slope heterogeneity diagnostics, Westerlund cointegration, modified method of moments quantile regression (MMQR), and augmented mean group (AMG) estimations. The results show that economic growth and financial technology consistently stimulate tourist arrivals across most quantiles, highlighting the importance of macroeconomic strength and digital financial infrastructure. In contrast, geopolitical risk exerts a significant deterrent effect, particularly at higher levels of tourism demand, while renewable energy use is associated with short‐run adjustment costs that may temporarily constrain tourism competitiveness. Inflation exhibits heterogeneous effects, reflecting differences in tourism market segments and price sensitivity. These findings imply that tourism resilience in OECD countries depends on coordinated policies that mitigate geopolitical uncertainty, leverage financial innovation, and align clean energy transitions with sectoral competitiveness. The study provides policy‐relevant insights for advancing sustainable tourism strategies consistent with SDG 8 (Decent Work and Economic Growth), SDG 11 (Sustainable Cities and Communities), and SDG 13 (Climate Action).
Lu et al. (Tue,) studied this question.