Question

What do you understand by tourism product life cycle

Answer 1

The model recognizes six stages in the tourism product life cycle:

• exploration
• investment
• development
• consolidation
• stagnation
• followed

after stagnation, by decline or revitalization of the product.

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Answer 2

Answer:

The model recognizes six stages in the tourism product life cycle: exploration, investment, development, consolidation, stagnation and followed, after stagnation, by decline or revitalization of the product. These six stages can in turn be regrouped into four main stages.

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