Characteristics of the travel market
Are the Intermediaries of travel industry often known by observation or by analysis from their won records the characteristics of their market? The hotelier, the transport operators, the travel agents etc. have their own records and accordingly analyze the information and make the future planning. While conducting a survey many points like changing habits and tastes are studied and forecasting are made for future trends. In travel trade, following trade, following information is required about consumer of travel trade:-
- Profile of the traveler –it includes
Sex of the travelers
Age of travelers
Statues of travelers
Education of traveler
Family income of trawlers
Country of residence
No. of previous visits
- Attribute of the traveler-it includes the following things
*How was the trip planned?
*Reason for choosing air, sea or some other made of transport?
*When was the booking made?
*Extent to which arrangement were made in advance;
*What kind of tour -conducted: group or independent?
*Which Purpose of travel and plan about return visits?
*How was the trip financed?
*Purchases made, before or after the trip;
*Countries, goods, services found cheap/expensive;
*Likes and dislikes;
- Motive for travel
This is very much necessary for the purpose of advertising and promotion. There is a need for depth study of a sample of travelers to indicate fundamental motives for buying certain travel services. This study will help to overcome certain fears associated with various means of transport, to understand and break prejudices which have formed towards certain countries, tourist places and types of holidays.
- Purchasing habits of travelers
There are a series of facts about the actual business of holding or taking a trip, for example:-
*Class of travel;
*Methods of transport used;
Length of stay;
Types of accommodation used;
Time of travel;
Expenditure per head
Tags: Characteristics , Travel Market , Travel
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