Modeling the Tourism Market Behavior Based on Discrete Equilibrium Models “Supply – Price – Demand”

Economics, Journal Year: 2024, Volume and Issue: 12(3), P. 33 - 53

Published: Sept. 10, 2024

Abstract The work is devoted to the modeling of behavior tourism market in conditions a supply random lag, distributed according normal and uniform distribution laws. dependences on tourist demand price considered. was carried out using dynamic model plane variables “supply – demand” taking into account interests different groups consumers, primarily from point view pricing. delay between changes volumes taken Cobweb model. To test this method, information collected family expenses when traveling abroad (outbound tourism, vacations lasting 7-15 days) by surveying employees 38 travel organizations as 2021. Three segments are identified: low ($2000 − 4000), medium ($4000 12000), VIP-segment ($12,000 20,000). analysis results showed that tourists can significantly influence dynamics. use allowed for determining level stability assessing possibility consumer migration one segment another. Sensitivity response new offers be different, which important pricing strategies, marketing, development products.

Language: Английский

Hyperloop’s role in tourism and hospitality: Challenges and opportunities

Tourism and Hospitality Research, Journal Year: 2024, Volume and Issue: unknown

Published: Sept. 12, 2024

This study provides a comprehensive examination of the potential impacts Hyperloop technology on tourism and hospitality sectors, offering strategic insights for stakeholders to address upcoming challenges opportunities. Through an extensive literature review, we identify several ways in which travel could transform these sectors. Potential benefits include enabling seamless multi-destination day trips, promoting culinary tourism, enhancing Meetings, Incentives, Conferences, Exhibitions (MICE) sector, generating employment around hubs. However, may also reduce bookings traditional accommodations, decrease interest conventional air rail travel, limit tourist exploration destinations within network, decline expenditure specific location. These findings have significant practical implications, providing valuable guidance businesses policymakers as they prepare commercialization technology.

Language: Английский

How COVID-19 has changed tourists’ behaviour

Nature Human Behaviour, Journal Year: 2024, Volume and Issue: unknown

Published: Nov. 21, 2024

Language: Английский