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Author Question: In examining life cycles in travel and tourism, what is meant by the term saturation? What will ... (Read 51 times)

appyboo

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on: Sep 11, 2019

Question 1

Name several of the products that many CVBs find themselves promoting. (Competencies 2 and 3)
 
  What will be an ideal response?

Question 2

In examining life cycles in travel and tourism, what is meant by the term saturation?
 
  What will be an ideal response?


uniquea123

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Reply #1 on: Sep 11, 2019

Answer 1

Convention centers
Visitors information centers (welcome centers)
Attractions, events, and cultural offerings
Packages combining products

Answer 2

Saturation refers to a condition in an industry (not an individual company) where most consumers have already tried the product. This limits the potential for sales growth.


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