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Tourism Demand and Supply
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Tourism Demand and Supply

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Questions and Answers

What is the tourism demand referred to in the context of tourism business?

  • The travellers who visit a particular destination (correct)
  • The number of tourism products available in the market
  • The cost of tourism products and services
  • The revenue generated by tourism industry
  • What is the relationship between tourism demand and supply?

  • They are interlinked and affect each other directly (correct)
  • They are fixed and never change
  • They are independent of each other
  • They have a negative correlation
  • Who is the primary actor in tourism demand?

  • Tourist (correct)
  • Tour operator
  • Travel agent
  • Hotel manager
  • What is the definition of demand according to Song et al. (2010)?

    <p>All those travelling to some place</p> Signup and view all the answers

    In the context of tourism business, what is the side that tourism demand is related to?

    <p>Buyer side</p> Signup and view all the answers

    Tourism demand and supply are two independent concepts in the tourism business.

    <p>False</p> Signup and view all the answers

    Tourism demand refers to the services provided by tourism operators.

    <p>False</p> Signup and view all the answers

    Tourism supply is related to the buyer's side in the tourism business.

    <p>False</p> Signup and view all the answers

    Business ethics play a crucial role in the tourism demand and supply.

    <p>True</p> Signup and view all the answers

    Demand in tourism refers to the number of tourism operators in a region.

    <p>False</p> Signup and view all the answers

    Study Notes

    Tourism Demand and Supply

    • Tourism business is based on the concept of demand and supply
    • Business ethics play a crucial role in tourism demand and supply
    • Demand and supply are interdependent and directly affect each other

    Understanding Tourism Demand

    • Tourism demand refers to the demand for tourism products
    • It is associated with the buyer side of the tourism industry
    • According to Song et al. (2010), tourism demand consists of all travelers visiting a particular destination, including tourists and the destination itself

    Tourism Demand and Supply

    • Tourism business is based on the concept of demand and supply
    • Business ethics play a crucial role in tourism demand and supply
    • Demand and supply are interdependent and directly affect each other

    Understanding Tourism Demand

    • Tourism demand refers to the demand for tourism products
    • It is associated with the buyer side of the tourism industry
    • According to Song et al. (2010), tourism demand consists of all travelers visiting a particular destination, including tourists and the destination itself

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    Description

    Learn about the fundamentals of tourism business, including the concepts of demand and supply, and how they impact each other. Understand the importance of business ethics in the tourism industry.

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