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1.the provision of recreation-related produces or services by private enterpise for a fee, with the long-term intent of being profitable

2.dependence on Discretionary in come
the fact that this business is dependent upon discretionary income, and this compounded by the seasonal nature of many recreation industry.

3. there may be cyclical periods of good and bad years. even within a good season, there are intermittent flurries of activity and offsetting slow periods.