What are the factors that affect the life cycle of hotel products?

Market demand, technological innovation.

1. Market demand: Market demand is one of the key factors that determine the life cycle of hotel products. The change of consumers' demand for different types of hotel products will directly affect the product life cycle. For example, with the increasing demand of consumers for environmentally friendly hotels, traditional hotel products will be gradually eliminated.

2. Technological innovation: The impact of technological innovation on the life cycle of hotel products is also very important. The emergence of new technologies can change the design, function and performance of hotel products, thus improving the experience and satisfaction of consumers. If hotel products can't keep pace with technological innovation, they will be gradually eliminated by the market.