The identical principle applies to motels, understanding the guest differences and preferences of the business and leisure traveler will be sure that they’re supplied with what they really need. The leisure traveller will turn to associates, household and on-line critiques for suggestions. A examine by Google stated that eighty two % of leisure travellers depend on critiques for his or her selection of lodge.
Travel and leisure market records a consecutive robust progress and turn into among the many fastest financial sectors. Numerous research proposed distinct forecasting models to foretell the dynamics of this sector and supply early recommendations for traders and coverage makers. In this paper, we examine the forecasting performance of smooth transition autoregressive (STAR) and linear autoregressive (AR) models using the monthly returns of Turkey and FTSE travel and leisure indices from April 1997 to August 2016.
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Travel to ”œThe Old Country” for Free
Now more than ever, travel and leisure companies are competing for consumers’ share of wallet and disposable revenue. To be successful, entrepreneurs know they should be more diligent in maximizing their advertising spend. That’s why so many within the travel and leisure business rely on DirectMail.com to help drive more gross sales and grow … Read MoreContinue reading...