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Newfoundland and Labrador Product Development Strategy

Newfoundland and Labrador Product Development Strategy

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- 151 -But with dem<strong>and</strong> generating <strong>and</strong> dem<strong>and</strong> influencing types of properties, there is a longer <strong>and</strong>more challenging market development cycle before such properties can reach market maturity<strong>and</strong> profitability. Hence we will need to assist <strong>and</strong> support their development.Dem<strong>and</strong> Generating AccommodationsA ‘dem<strong>and</strong> generating accommodation’ is one that to a significant extent generates its owndem<strong>and</strong> by virtue of being a destination in its own right or as an important component of alonger trip to the province or region. This would include a multi season destination resorthaving at least 50 accommodation units along with a variety of recreational <strong>and</strong> otheramenities on-site, plus dining. Examples would include a golf course, indoor aquatic facility(pool, whirlpool, sauna), spa, recreation room, outdoor activities, etc. Accommodationsshould be of vacation style, not just basic hotel rooms. Things like lounge areas, dinettes,patios or decks, etc. are important, as is guest activity <strong>and</strong> entertainment programming.While the location for a resort is usually a pristine, natural setting away from otherdevelopment, that is not necessarily the case. Suburban locations <strong>and</strong> others close to travelroutes are also possible, except for roadside locations that may be suitable for transientaccommodations, but not for a resort. The critical issue here is that the resort is able to drawpeople to it for more than overnight stays, <strong>and</strong> generally to make a significant contribution asa base for activities <strong>and</strong> day tripping in the area. But it also needs to be distinctly differentfrom a transient accommodation, whereby the experiences are what it has to offer, not theutility of overnight accommodations <strong>and</strong> dining for travellers.A dem<strong>and</strong> generating accommodation would also include a wilderness lodge operated as abase for outdoor adventure or for fishing or hunting. Or it could include a specialized, nichemarket property, such as a spa retreat.Support should be for:o New development <strong>and</strong>/or expansions where warrantedo Addition of recreational <strong>and</strong> other amenities that will grow dem<strong>and</strong>o Upgrading <strong>and</strong> property transformation to meet market expectationso Programming, packaging <strong>and</strong> marketing to develop shoulder <strong>and</strong> winter seasonmarketsIn the case of ‘property transformations’ we mean a substantial redevelopment of theaccommodation property such that it changes the fundamental character <strong>and</strong>/or quality of theproperty, allowing it to occupy an entirely new positioning in the marketplace.Dem<strong>and</strong> Influencing AccommodationsA dem<strong>and</strong> influencing accommodation is one that is of sufficient appeal that it will help drawpeople to the area <strong>and</strong> extend stays <strong>and</strong> spending in the area, including: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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