Tourism Supply And Demand Flashcards
Why is tourism supply important?
The quality and quantity of supply components will determine the success of tourism
Why do we compare supply competition with other countries?
To improve our supplies
What are the four components of Supply?
- Natural Resources and Environment
- Built Environment
- Operating Sector
- Spirit of Hospitality and cultural resources
Includes air and climate, physiography of the region, landforms, terrain, flora, fauna, fauna…
Natural resources and environment
Includes infrastructures and superstructures
Built environment
Underground and surface developmental construction for the convenience of local residents
Infrastructure
Give 5 examples of infrastructures
GREWC
Gas lines Roads Electrical lines Water supply systems Communication networks
Facilities constructed primarily to support visitation of tourists
Superstructure
Give five examples of superstructures
SHARB
Bus and train station facilities Railroads Airports Hotels Shopping centers
Comprises the tourism industry
Operating sector
What makes a hosting of tourists successful?
The people and their cultural wealth
What is tourism demand?
The product/service that people are willing and able to buy at a specific price in a specific period of time
What’s the formula of demand, propensity and resistance?
D = f (propensity, resistance)
Define propensity
It is the willingness of a person to travel, as well as the travel experience and destination he prefers
Explain resistance
What hinders a traveller to travel