Key concepts of travel andtourism Flashcards
Characteristics of travel and tourism
Explain product
It included both good and services
Explain service
It involve the combination of skills,information/entertainment
Explain good
They are physical objects such as food and drink
Explain the features of services
(i)Intangible-it cannot be physically seen/hold
(ii)Perishable-It cannot be stored/transferred for use at a later date
Explain the features of good
(i)Tangible-It can be physically seen and hold
(ii)Storable-it will last and is not perishable
Explain seasonality
The way in which tourism demand that vary throughout a year
List and explain the type of seasonality
(i)peak season-The time when travel and tourism product have the greatest demand
(ii)off-peak season-The time when travel and tourism product have the least demand
Explain what happened on peak season?
You get more customer=high demand,you will be able to set a high price and obtain profit
Explain what happened on off-peak seasons?
Less customer=low demand,you will force to put low price and obtain low profit
What are the factor that affect off-peak seasons?
-No favourable reasons to travel
-This may cause a problem for the travel and tourism organisation such as hotel as the sales and profit will decrease
what are the factors that affect peak season?
-Favourable reasons to travel
(i)climate and weather
(ii)Festival/events
(ii)school hoilday and international holiday
How to overcome the problem of seasonality?
(i)Reduced price(discounts/special offers)-buy one get one free
(ii)Encourage domestic tourism
(iii)Promote business travel
How to extend seasonality?
(i)Host event(concerts)
(ii)More facilities/activities(indoors)
Explain dynamic
Customer taste and preferences keep changing. Therefore,tourism organisation and providers need to adapt and charged their in order to meet the changing demand of customers
Explain resilient
Tourism industry can survive and recover after difficulties situation(shocks)such as Covid-19 pandemic,terrorism attacks,natural disasters
Quick adapt=change and survive