By now, you must have understood what a tourism product is.
Now let us look at some of its characteristics:-
1) Intangible: Tourism is an intangible product means
tourism is such kind of product which can not be touched or seen and there is
no transfer of ownership, But the facilities are available for specified time
and for a specified use. For e.g. a room in the hotel is available for a
specified time.
2) Psychological: The main motive to purchase
tourism product is to satisfy the psychological need after using the product,
by getting experience while interacting with a new environment. And experiences
also motivate others to purchase that product.
3) Highly Perishable: Tourism product is highly
perishable in nature means one can not store the product for a long time.
Production and consumption take place while tourist is available. If the
product remains unused, the chances are lost i.e. if tourists do not purchase
it. A travel agent or tourism operator who sells a tourism product
cannot store it. Production can only take place if the customer is actually present.
And once consumption begins, it cannot be stopped, interrupted or modified. If
the product remains unused, the chances are lost i.e. if tourists do not visit
a particular place, the opportunity at that time is lost. It is due to tourism
reason that heavy discount is offered by hotels and transport generating
organizations during off season.
4) Composite Product: Tourist product is the
combination of different products. It has not a single entity in itself. In the
experience of a visit to a particular place, various service providers
contributes like transportation The tourist product cannot be provided by a
single enterprise unlike a manufactured product. The tourist product covers the
complete experience of a visit to a particular place. And many providers
contribute to tourism experience. For instance, airline supplies seats, a hotel
provides rooms and restaurants, travel agents make bookings for stay and
sightseeing, etc.
5) Unstable Demand: Tourism demand is influenced
by seasonal, economic political and others such factors. There are certain
times of the year which see a greater demand than others. At these times there
is a greater strain on services like hotel bookings, employment and the
transport system, etc.
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