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How can we fight the economic downturn from COVID-19?

In the past few weeks the world has been flipped upside down and economies are been brought to their knees due to the Coronavirus pandemic.

These are worrying times for many, health and economical wise, as we enter unchartered territories.

The travel and tourism industry in particular, has already started feeling the severe effects of a downturn, with many cancellations for the coming season, and the crude reality of job loses raising its ugly head in most countries.

Panic is starting to set in amongst business owners, and we should take this time to reflect and prepare for the future. 

So can what we do from a business perspective?

I too am worried, I provide training and coaching programmes for the Hospitality industry, so their business prosperity is a key factor for my own business goals.

We know that we are facing a quiet season, we also know that we expect a huge drop in our sales budgets, and that 2020 will not be a very profitable year for many.

I met a new client last w...

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Green Tourism, a Brexit remedy? Here is why!

 

With the reality of Brexit looming upon us, it is not surprise that all industries are worried about what it means for them.

In Tourism, the figures are quite alarming, it is estimated 10,000 job losses and a drop on National Tourism revenue of €390 million.

Nobody really knows for sure what is going to happen exactly, will it be as bad as they expect? will it be worse? Or will it actually be better? Who knows! Not even those in charge are too sure about any of it, so instead of panicking striking, let’s start looking at other things you, in your business, can do, to contra-rest the expected loss of revenue should the worst case scenario happens.

Green Tourism, a growing market

The answer is quite simple, if we are going to lose a large amount of tourist coming into Ireland from the UK, we simply need to look at other emerging markets. And, conveniently for me you might think, Green Tourism, is one of the fastest growing markets.

According to Travel Agent Central Statistics, 87% o...

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