Research Note: Scheduling Trips during the Slack Season – An Aspect of the Economics of Seasonal Tourism
Amitrajeet Batabyal
Tourism Economics, 2009, vol. 15, issue 1, 261-266
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 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:15:y:2009:i:1:p:261-266
DOI: 10.5367/000000009787536726
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