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Explanation of the impact the factor

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Reference no: EM133267321

Description

There are some following factors that can affect demand for a hospitality or tourism service/product:

  • Consumer tastes
  • Advertising
  • Opportunity to consume (ie. Vacation time, travel for business, etc.)
  • Population and demographics
  • World events
  • Politics
  • Climate
  • Labour availability
  • Economic cycles
  • Exchange rates
  • Income
  • Price of other goods

Choose only ONE of these factors and research to find an article (newspaper, journal, etc.) that demonstrates an example of the impact that this factor has had on demand for tourism/hospitality for a particular country/region.

Write a summary of the article and provide any necessary analysis of your own to ensure that you adequately describe the impact the factor has had on demand for hospitality and tourism.

Some Things to Include:

  • Provide some brief background information on the tourism industry for the country/region that is relevant to your article.
  • A brief paragraph summarizing your article.
  • Explanation of the impact the factor has had on the tourism industry for that country/region.
  • Provide a link for your article

Reference no: EM133267321

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