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Author Question: Why do you think cruise line demand grew faster during 1980-1989 than 1990-1999? What will be an ... (Read 132 times)

madam-professor

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on: Sep 11, 2019

Question 1

What is the main factor discouraging an upscale hotel from deep price discounting?
 
  What will be an ideal response?

Question 2

Why do you think cruise line demand grew faster during 1980-1989 than 1990-1999?
 
  What will be an ideal response?


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ankilker

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Reply #1 on: Sep 11, 2019

Answer 1

The main downside of discounting among upscale properties is giving an impression of a slide in service or standards. This is a consequence of the price-quality effect that many customers deem important.

Answer 2

The 1980-1989 decade marked the period when cruises first became popular. The 1990-1999 period was also strong but growth rates are harder to maintain when the base period grows.


madam-professor

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Reply #2 on: Sep 11, 2019
Thank you!


ankilker

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Reply #3 on: Sep 11, 2019
Always glad to help...


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