Tourism Industry Insight: The Shared-Island Dividend
Local tourism businesses compete for bookings, but they also sell one shared destination. Improving a neighbour can sometimes increase the value of your own room.
Local tourism businesses compete for bookings, but they also sell one shared destination. Improving a neighbour can sometimes increase the value of your own room.
Tourism averages are useful, but changing customer mix can make an improving headline conceal weakening performance or make a healthy business look unnecessarily weak.
This article conceptualises Maldivian resort reefs as productive natural capital and examines their economic relevance through ecosystem-service valuation, tourism pricing and...
A destination is not truly diversified merely because visitors arrive from many countries. The strongest mix is one whose markets do not all weaken at the same time.
An extra night can be more valuable than a higher room rate. Where capacity is available, extending roughly one-quarter of stays may generate more contribution while spreading...
The most valuable extra capacity in a hotel may not be another employee. It may be an existing employee who can competently move where demand suddenly appears.
A transfer subsidy can outperform a larger villa discount even when it converts fewer guests. The hidden equation is whether removing arrival friction preserves enough bookings...