Search

‌
Results for "Z" found 33 items
The COVID-19 pandemic has severely hurt the tourism and hotel industry but there is hope the pandemic will end soon following mass vaccination programs. However, structural, deeper, and possibly permanent, changes in global megatrends and travel habits will challenge the industry to transform to meet the demands of travelers from different age groups. The tourism sector will be influenced by increasingly individualized travel needs, greater application of new technology in business models and processes, and higher profile for health and hygiene. Against this changing landscape and travel preferences, businesses need to adjust their operations if they want to sustain profit margins. The repertoire of strategies deployed in response to these changes will extend to seeking new business opportunities related to tourism and building new business relations with other players in the tourism supply chain, including those at the local community level.
Executive Summary: Vietnam is likely to recover from the COVID-19 pandemic faster than regional peers and growth should rebound to its annual rate of 6.0-7.0% in the medium to longer term
Press keyword to search