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Newfoundland and Labrador Product Development Strategy

Newfoundland and Labrador Product Development Strategy

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- 111-1. Develop pricing ‘tools’ for the industry, particularly for accommodations, bothworkbooks <strong>and</strong> web-based2. Deliver workshops on pricing <strong>and</strong> revenue management techniques, <strong>and</strong> provide followupmentoring services. This might involve identifying local ‘champions’ who underst<strong>and</strong>pricing <strong>and</strong> are prepared to work one-on-one with other operators to help them price theirproducts <strong>and</strong> services.3. Deliver more workshops on working with the travel trade <strong>and</strong> other group clients,including techniques of pricing for these clients4. Periodically research <strong>and</strong> post information other prevailing prices of tourism products atother destinations along with Statistics Canada data on average daily trip spending inCanadaNatural AttractionsThe province’s natural attractions are in the forefront of its unique selling propositions; icebergs,whales, seabirds, mountains, dramatic seacoasts <strong>and</strong> vistas at every turn.The key strategy here is ensuring that interpretation is provided; guidebooks, interpretive panels,guided tours <strong>and</strong> special programming.The strategic approach is to do a limited number exceedingly well, with the critical mass <strong>and</strong>supporting business model to be sustainable over time, <strong>and</strong> avoid doing too many. Supportprograms need to recognize this. Close the door after the need/opportunity is fully exploited;protect the ‘franchise’ (market position) for each of them. ‘Me too’-ism needs to be avoided.Natural attractions don’t behave like commercial attractions. The icebergs don’t appear inAugust. We have to be careful to promote the right products for the right seasons, <strong>and</strong> showcasethe destination appeals differently for each of the seasons.Some specific opportunities worthy of pursuit include:o <strong>Development</strong> of a Natural History Guidebook for <strong>Newfoundl<strong>and</strong></strong> <strong>and</strong> <strong>Labrador</strong>, orpotentially several on different natural themeso A natural history interpretation centre in the Avalon in a central, hub location, based on<strong>and</strong> linked to the unique natural history attractions of the region, including the ecologicalreserves of Witless Bay, Mistaken point <strong>and</strong> Cape St. Marys, as well as Cape Race,Baccalieu Isl<strong>and</strong>, the Avalon Wilderness Reserve, etc. This could potentially be locatedat Butterpot Provincial Park in association with the proposed astronomy facility.o An interpretation centre for the Burnt Cape Ecological Reserve <strong>and</strong> a linked network ofexperiences <strong>and</strong> interpretation of the unique natural history features available in this areao A number of initiatives associated with icebergs, such as the following:- The proposed whale <strong>and</strong> iceberg interpretive centre in the Springdale areaTHE 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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