haku: @indexterm hotel and catering industry / yhteensä: 391
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Tekijä:Fleischer, A.
Peleg, G.
Rivlin, J.
Otsikko:The impact of changes in household vacation expenditures on the travel and hospitality industries
Lehti:Tourism Management
2011 : AUG, VOL. 32:4, p. 815-821
Asiasana:tourism
travel
hotel and catering industry
leisure
expenditure
costs
household economics
incomes
prices
models
Vapaa asiasana:elasticities
Kieli:eng
Tiivistelmä:Travel and hospitality industries are strongly influenced by changes in household demand for vacations. To understand the impact of rising income and declining prices per unit of quality, a theoretical model is developed to separate travel expenditures from on-site expenditures.
Based on Israeli data, it is found that under certain circumstances, a shift toward multiple, short vacations is due to the changes in income and prices. This trend can be a benefit to the travel industry but a disadvantage for the hospitality industry etc.
SCIMA tietueen numero: 276746
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