Demand & supply on hotel services
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Demand & supply of hotel services
Lecture
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DEMAND on
hospitality
services
Hospitality
MARKET
SUPPLY of
hospitality product
Structure
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Demand on hospitality servicesMotives
• Physiological• Cultural• Social• Fantasy
Individual preferences• Predilections • Previous impressions • Advertisements
Imaginations of tourist• Hotel’s image
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Demand on hospitality servicesMotives to
travel
• Physiological• Cultural• Social• Fantasy
Individual preferences on hotel
s
• Predilections • Previous impressions • Advertisements
Image of
hotel
• Climate• Prices• Views• Security• Infrastructure• People• Sanitary and hygiene
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Tourism resources• Natural
attractions• Local
hospitality• Tourism
infrastructure
Expenditures of hotel
• Capital funds (lodge + meals)
• Man maid attractions
Labor of hotel staff• Impressive
expressions
Hospitality product supply
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Sights, Hospitality Tourism infrastructure
Capital funds (lodge & meals) + artificial attractions
Expressions, which lead to the impressions
Hospitality product
Natural Cultural Social Fantastic
Predilections + Previous impressions + Advertisements
Hotel’s image
Hospitality market
Tour
ism
indu
stry
(Su
pply
- ho
tels
)
Tourism resources
Expenditure
Labor
Tour
ist (
Dem
and)
Motives
Preferences
Imagination
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Made during the consumption
Variable quality
Can’t store
Complicated
Consumer comes to the product
Addittion: Some features of hospitality product