BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Seasonality
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High Cost
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Ease of entry/exit
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Interdependence
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Detailed explanation-1: -Seasonality is defined as an imbalance between supply and demand in a given tourist destination over the course of the year (Butler, 1994). Seasonal fluctuations are pervasive in the tourism system due to climactic and socio-structural cycles of both destinations and markets.
Detailed explanation-2: -Types of tourism demand: Tourism demand is of following types depending upon its existence: 1) Active demand. 2) Potential demand. 3) Deferred demand.
Detailed explanation-3: - Seasonality causes the fluctuation in tourists and visitor numbers to a destination. Therefore, some destinations at certain times have more tourists and visitors than they are able to accommodate, while at other times, there are too few tourists and visitors to the region.
Detailed explanation-4: -For example, a destination focused on bathing tourism will have a peak during summer and a low season during winter. What tour operators should understand is that seasonality in tourism is cyclic.