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Supply In Tourism Leisure And Hospitality Industry
In the peak season and holiday period, the price tag on airline ticket will raise and demand for the same is high and the airlines are willing to supply more travelers by operating more frequent flights. Contraction of Supply The contraction of supply happens in the off-peak season of the year where most people are not willing to travel. The demand for the travel ticket is low and the tourism and travel companies are forced to reduce the rates of air tickets. So, when you can find..
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