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Classification of travelers- Travelers can be classified into various categories based on different criteria. Here are some common classifications of travelers: By Purpose of Travel: Tourists: Travel for leisure, sightseeing,…
Characterisation of travel market- Characterizing the travel market involves understanding its various dimensions and components. Here are some key aspects to consider: Segments of Travelers: Travelers can be segmented based…
Tourist market- The tourist market generally refers to the sector of the economy focused on catering to travelers and visitors. It encompasses a wide range of businesses and services that…
Price of product- Prices of products can generally be categorized into a few types: List Price: This is the price set by the manufacturer or retailer as the suggested retail…