This chapter aims therefore at extending the TALC from an industrial geography perspective to study a number of issues that have emerged since the original conceptualisation of the theory. A similar line of thought was originally followed by Debbage (1990) who applied the profit life cycle theory (Markusen, 1985) in the context of tourism: unfortunately, however, this promising research area has yet remained under-explored: it is therefore important to move it forwards. On these grounds, the chapter discusses first the existing interdependence between market and spatial structures and then presents a model of tourism evolution both in the short and in the long run. It concludes by proposing a number of meaningful policy measures that may alleviate some of the emerging problems in tourism development.
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