Research note: Scheduling trips during the slack season - an aspect of the economics of seasonal tourism

Author: Batabyal, Amitrajeet A.

Source: Tourism Economics, Volume 15, Number 1, March 2009 , pp. 261-266(6)

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Abstract:

The trip-scheduling problem faced by firms providing transport to tourists visiting a specific location in the slack season has received scant theoretical attention in the tourism literature. The author therefore conducts a stochastic analysis of the problem of trip scheduling during the slack season. He describes first a general model that accounts for the common features of sightseeing trips to city attractions and to locations such as fjords and lakes. Second, he determines the long-run fraction of time for which the transport-providing firm is unable to satisfy the demand for trips. Third, he ascertains the long-run fraction of demand that is lost to the transport-providing firm. Finally, he generalizes the analysis and considers the case in which a key, exogenously given variable is random and not constant.

Keywords: PEAK SEASON; SLACK SEASON; STOCHASTIC DEMAND; TRIP SCHEDULING

Document Type: Research article

DOI: http://dx.doi.org/10.5367/000000009787536726

Publication date: 2009-03-01

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Tourism Economics, published bimonthly, is a peer-reviewed journal devoted to the economics and finance of tourism worldwide. Articles address the components of the tourism product (accommodation; restaurants; merchandizing; attractions; transport; entertainment; tourist activities); and the economic organization of tourism at micro and macro levels (market structure; role of public/private sectors; community interests; strategic planning; marketing; finance; economic development).
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