“…In general, most holidays involve encounters with the unknown in terms of destinations, accommodation, and transport (Witt and Moutinho, 1995;Simpson and Siguaw, 2008;Fuchs and Reichel, 2011;Fuchs, 2013). The specific service features such as intangibility, inseparability, variability and perishability tend to increase the perception of risk as they may pose additional threats to tourists (Grönroos, 1990, Grönroos, 2007, Lovelock and Wirtz, 2007Zeithaml et al;2006;Seabra et al, 2013). Besides, tourists may also take further risks by participating in extreme sports and risky recreational activities, in which risk can be a vital component of creating memorable and satisfying experiences (Piekarz et al, 2015).…”