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Barriers for New Competitors in Tourism by Phương Thảo Vũ is a document available to read on EtoBox.
What is Barriers for New Competitors in Tourism about?
The document discusses the competitive threats faced by Vietravel in the tourism industry, highlighting barriers to entry for new competitors such as high initial investment costs, government regulations, and the need for advanced technology. It also emphasizes the loyalty of existing customers to Vietravel, which poses a challenge for new entrants, while noting the emergence of small travel agencies and online travel agencies (OTAs) that can offer flexibility, creativity, and competitive pricing. Overall,
- Author
- Phương Thảo Vũ
- Language
- EN