Product life cycle in tourism

This is when the tourism providers e.g. amusement parks face loss in profits and low in sales

• introduction

• growth

• maturity

• decline

This is when alot of investment is needed to advertise the newly marketed products e.g. new tour package

• introduction

• growth

• maturity

• decline

This is when the hotel receives returning customers as well as new customers. This is when the sales are at peak.

• introduction

• growth

• maturity

• decline

At this stage, sales start to increase

• introduction

• growth

• maturity

• decline

This stage is when the tourism attraction loss its attractiveness

• introduction

• growth

• maturity

• decline