Traditional Culture Encyclopedia - Travel guide - What are the stages in the life cycle of tourism products?

What are the stages in the life cycle of tourism products?

Tourism product life cycle borrows the concept of tangible product life cycle. The so-called life cycle of tourism products refers to the whole process of a tourism product from being developed and put on the market to being eventually eliminated and withdrawn from the market. Most of the development of a tourist route, a tourist activity, a tourist attraction and a tourist destination will follow a time process from scratch, from weak to strong, to decline and disappear. Every stage of the life cycle of tourism products is usually measured by the changing state of sales and profits of tourism products. The life cycle of tourism products can be divided into introduction period, growth period, maturity period and decline period.