"Peak season" refers to the time of year when demand for a particular product or service is at its highest. This period varies by industry; for example, the tourism industry often sees peak seasons during summer and holidays, while the retail sector experiences peaks during the winter holiday season. Businesses typically prepare for these times by increasing inventory and staffing to meet customer needs. During peak season, prices may rise due to increased demand, and customers may experience longer wait times or crowded conditions. Companies often implement special promotions or events to attract more customers. Understanding peak seasons helps both businesses and consumers plan effectively.