Module #4: Tourism Characteristics

• Tourism Characteristics

  1. Tourism is a composite product
  2. Tourist destinations are intangible
  3. Tourism destinations have long gestation periods
  4. Tourism is very capital incentive
  5. Tourism’s main assets are nature and culture
  6. Tourism exerts impacts on the environment, culture, and economy of destinations
  7. Tourism is a highly dynamic and competitive industry
• The value chain refers to the series of public and private entities that convert resources into value-added tourism products that are sold to tourists.
• Word-of-mouth endorsements and social media reviews are some of the most popular references for tourism product decision making.