Note:- this assignment including one part with presentation and I need 500 words,make it with slides,in power point and second part report with 1750 words,in word.
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Hospitality Consumer Behaviours
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Table of content •Introduction •Definition of consumer behavior •Factors that influence hospitality consumer behavior and attitude •Exploration of how consumer trends are changing due to impact of digital technology •Conclusion •References
Definition of consumer behaviour Consumer behaviour is defined as study of how a person, group or company who is a customer, select, buy and use particular ideas, goods and services in order to fulfil its needs as well as wants. By considering consumer behaviour a firm's management can develop effective decision related to new as well as innovative products and services development.
Factors that influence hospitality consumer behaviour and attitude For every company it is essential to conduct evaluation of their potential customer behaviour so that they can develop effective products or services. There are several factors which influence customers behaviour and attitude at TUI, some are given below:- •Cultural •Social •Personal •Psychological
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Exploration of how consumer trends are changing due to impact of digital technology in hospitality industry In today's time consumer trends are changing because of impact of digital technology at hospitality sectors, some of the major digital technology which are impacting on the consumer trends of TUI are given below:- •Virtual Reality •NFC Technology
Conclusion By above discussed point it can be summarise that for every company managementitisessentialtoconductevaluationofconsumer behaviour as it will help in decision making process. There are several factorswhichimpactontheconsumerbehaviourandattitudeat respective industry such as culture, personal, social and psychological factors. Along with this, change in digital technology also affect also affectconsumertrendsbecausetheywantproductsandservices accordingly.
References Malone, S., McCabe, S. and Smith, A. P., 2014. The role of hedonism in ethical tourism.Annals of Tourism Research.44. pp.241-254. Nguyen, Q., 2016. Linking loss aversion and present bias with overspending behavior of tourists: Insights from a lab-in-the- field experiment.Tourism Management.54. pp.152-159. Santos,V.andRamos,P.,2014.Consumerbehaviourin tourism: a content analysis of relationship between involvement and emotions.Journal of Tourism Research.9. pp.28-64.
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