Tourist Accommodation Regional Demand Investment and Supply (TARDIS) Model
description: Amid the competition and dynamic environment, the travel and tourism industry strives to survive by integrating the efforts of the multiple stakeholders involved. Destinations that employ competent strategies and innovative management practices emerge successfully in the global context with the application of the Tourist Accommodation Regional Demand Investment and Supply (TARDIS) model. Global destinations aim to promote regional development through a sustainable orientation with the adoption of certain best practices in the industry for ensuring long-term growth and success. But Regional Demand Investment and Supply Model stratifies the growth with increased cost and cost-efficacy at touristic destinations. This research assesses how the interests of stakeholders can be managed effectively through TARDIS business model, which integrates profitability with the impact on touristic destinations and their hospitality industry. This study analyzes key stakeholders including local communities, government bodies, private sector entities, and tourists, focusing on their roles, responsibilities, and collaborative potential in fostering a sustainable destination. By the integration of the principles of TARDIS approach into the tourism and hospitality sector, this research proposes the practical solutions to regional growth and stakeholder prioritization, mapping with value co-creation. CAB International 2026.
creator: Sandhya, H.; Varghese, Bindi
source: Theories and Models in Tourism and Hospitality Research;pp.465-471
publisher: CABI International
date: 01-01-2025
rights: Restricted Access; Hardcopy may be available in the library
relation: ISBN: 978-180062581-5; 978-180062580-8;
language: English
type: Book chapter
coverage: Sandhya H., Christ University, Bangalore, India; Varghese B., Christ University, Bangalore, India