Tourism demand has been extensively studied by tourism economists under the economic framework. On the other hand travel motivation has also been widely analyzed by the researchers using socio-psychological framework. The focus of this study is to discuss both of these frameworks and to propose a combined framework which illustrates that the root of tourism market demand could be found in both economic and socio-psychological theories and that market demand could be derived from factors underpinning both theories—theories of destination choice and theory of market demand. Climate as an important socio-psychological variable is incorporated into tourism demand analysis through error correction model. The results shed new lights to the potential of the proposed framework in revealing tourism demand.