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Why do hotel prices fluctuate?

Hotel prices fluctuate due to various factors such as demand, seasonality, events in the area, competition, and overall economic conditions. Hotels adjust their prices based on these factors to maximize revenue and occupancy rates.


How does seasonality affect the cruise industry?

No one's going to want to be stuck on a boat in winter if they're expecting to be cold and in storms.


What are 3 possible variables that could affect the water temperature in a pool?

Ambient temperature and seasonality Exposure (direct sunlight) Wind


How do rising gas prices affect teenagers?

The rising gas prices will affect teenages just as the rising gas prices affect everyone.


Why is seasonality important?

then we can eat


Is it true that over the long run fluctuations in demand due to seasonality are greater than those due to randomness?

Not necessarily. It depends on the commodity and the degree of seasonality. Some products are nearly unaffected by seasonality.


How do prices affect trade?

When prices are low, trade decreases.


What factors lead to the concept of seasonality?

good


What has greater seasonality oceans or continents?

continents


What does taxes affect prices?

3wide


How does seasonality affect tourism business at destination?

Some people may not adapt with the different seasons of the countries. For example, a tourist from Thailand wishes to visit to United Kingdom during October but as it is winter at that time, it will affect the tourist's demand to UK.


How did the telegraph affect farm prices?

Farmers could find out about prices in other areas and adjust their prices accordingly