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Newfoundland and Labrador Product Development Strategy

Newfoundland and Labrador Product Development Strategy

Newfoundland and Labrador Product Development Strategy

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- 99 -Dem<strong>and</strong> Influencers - Natural Attractions, Outdoor Adventure,Cultural <strong>and</strong> Heritage Attractions, Events, ‘Leisure-Style’ <strong>and</strong>Character Accommodations, <strong>and</strong> Package ToursSeveral product types/sectors warrant special attention in product development because of theirability to influence travel on their own to varying degrees. The province’s icon attractions -icebergs, whales, seabirds <strong>and</strong> other marine life, seascapes, wildlife, natural areas <strong>and</strong> dramaticscenery all contribute strongly to generating tourism – motivating travel, extending stays <strong>and</strong>spending.Similarly for outdoor adventure products – outfitters, guided trips, learning packages - there aremarket segments that will travel for these experiences, <strong>and</strong> others that will add them to theiritineraries.Cultural <strong>and</strong> heritage attractions, events <strong>and</strong> programs are also important in influencing travelbehaviour, most particularly in extending stays <strong>and</strong> spending of visitors. In fact, suchexperiences are sought out by most leisure travellers, as well as by other market segments,including meetings/conventions, business travel, etc.Leisure-style accommodations, particularly resorts having a mix of accommodations <strong>and</strong> leisureamenities, <strong>and</strong> to a lesser degree ‘character’ accommodations such as heritage inns, country inns,heritage bed <strong>and</strong> breakfasts can influence dem<strong>and</strong> in a similar fashion, mainly extending stays<strong>and</strong> spending.Finally, packages <strong>and</strong> tours, including local, regional <strong>and</strong> province-wide, play an important rolein both generating travel to the province as well as extending stays <strong>and</strong> spending.Evaluation Criteria for Establishing PrioritiesWe have established the following criteria in identifying those products that merit priorityattention <strong>and</strong> support as dem<strong>and</strong> influencers:o Fit with the unique appeals <strong>and</strong> character of <strong>Newfoundl<strong>and</strong></strong> <strong>and</strong> <strong>Labrador</strong>o Level of relevance <strong>and</strong> interest to the province’s marketso The scope of the tourism market potentialo Currently having a critical mass of product that influences dem<strong>and</strong>o Potential contribution to visitor spending <strong>and</strong> economic benefitso Shoulder/winter season potentialo Sustainability, viability of the product/sectoro Identified opportunities <strong>and</strong> future potentialExhibit 4 presents an evaluation matrix for these products. Each was scored <strong>and</strong> priorities forfuture development attention have been assigned as follows:THE ECONOMIC PLANNING GROUP of Canada <strong>Newfoundl<strong>and</strong></strong> & <strong>Labrador</strong> Tourism <strong>Product</strong> <strong>Development</strong>D. W. Knight Associates <strong>Strategy</strong> <strong>and</strong> Accommodation Needs Study

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