Economic Growth and Recessionary Periods: Their Effect Upon Pleasure TravelersFIU Hospitality Review
AbstractTwo tourism-oriented travel samples were drawn from recent time periods that represented economic growth (expansion) and recession cycles in the O: S. economy. Analysis suggests that during the recession period, a greater percentage of theme park visitors chose to travel by air. Second, theme park travelers were more likely to visit friends or family during the recession period. Third, recession theme park travelers were 10 years older, on the average, than their rapid growth counterparts. The average age difference of theme park visitors was found to be significantly different during cyclical economic periods. Research findings support the need for additional studies that segment using generational markets.
Citation InformationMark A. Bonn, H. Leslie Furr and Mo Dai. "Economic Growth and Recessionary Periods: Their Effect Upon Pleasure Travelers" FIU Hospitality Review Vol. 23 Iss. 2 (2005) p. 19 - 32
Available at: http://works.bepress.com/hleslie-furr/70/