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Features Of The Travel And Tourism Industry Which May Affect Pricing

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  • Andreea MARIN-PANTELESCU
  • Gabriela TIGU

Abstract

Travel and tourism industry like many industries displays particularities of pricing These arise partly from custom and practice The pricing decisions can be affected by tourism demand costs the competition in the field tourism supply government policies on pricing customer legislation and competition the economy in particular exchange rates and interest rates profit margins and other corporate objectives In common with all marketing decisions pricing decisions also need to be made in the light of the marketing environment for the particular product under consideration The travel and tourism industry has its own features which have important effects on pricing Taking into consideration all these elements the paper describes the features of the travel and tourism industry which may affect pricing and offers real case studies that implies setting prices according to the particularities of the tourism activity

Suggested Citation

  • Andreea MARIN-PANTELESCU & Gabriela TIGU, 2010. "Features Of The Travel And Tourism Industry Which May Affect Pricing," Journal of Advanced Research in Management, ASERS Publishing, vol. 1(1), pages 8-11.
    • Handle: RePEc:srs:jemt00:v:1:y:2010:i:1:p:8-11
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    Cited by:

    1. Zhang, Wei-Bin, 2015. "Tourism, Trade, Externalities, And Public Goods In A Three-Sector Growth Model," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 6(1), pages 1-19.
    2. Zhang, Wei-Bin, 2017. "The Impact of Imported Energy and Goods Prices on Growth and Trade Balance of a Small Open Economy," Bulletin of Economic Theory and Analysis, BETA Journals, vol. 2(2), pages 99-116, June.
    3. Wei-Bin Zhang, 2017. "Education and Tourism in a Small Open Growth Economy," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 7(11), pages 643-666, November.
    4. Wei-Bin ZHANG, 2016. "Tourism and economic structural change with endogenous wealth and human capital and elastic labor supply," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(609), W), pages 103-126, Winter.

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