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Economic Growth and Recessionary Periods: Their Effect Upon Pleasure Travelers

  • Florida State University
  • Bonn Marketing Group

Research output: Contribution to journalArticlepeer-review

11 Downloads (Pure)

Abstract

Two 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.

Original languageAmerican English
JournalFIU Hospitality Review
Volume23
StatePublished - Jan 1 2005

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

Disciplines

  • Business
  • Business Administration, Management, and Operations

Keywords

  • Economic growth
  • Expansion
  • Pleasure travelers
  • Recession
  • Recessionary periods

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