MANAGING in the

NEW WORLD

Stephen Hawking, easily considered one of the greatest scientists of the last century, had once proclaimed, how intelligence reflected in one’s ability to adapt. Businesses world- wide are having to do so, and at pace, thanks to the COVID- 19 pandemic that has hit us. Companies are increasingly making us of virtual meetings and remote work. Tools such as Microsoft Teams, Skype and Google Hangout are more in vogue than ever before. Digital marketing has become the mode of choice for marketers at every level. There will be several cultural adaptations that businesses will need to continue even after the peak of this current pandemic would have slowed down. One of them is how speed and agility will become critical, and even replace size or scale in terms of importance. Another is the adaptability to the environment, by keeping liquidity stable. A new look will need to be implemented. In order to propel business innovations forward, collaboration will need to be boosted up. Especially for tourism- based companies, digital intelligence must now be built in. This crisis in fact, offers companies the chance to explore newer opportunities.

Source:https://www.tourism-review.com/smart-tourism-companies-take-advantage-of-the-crisis-news11465

Uploaded Date:16 April 2020

Several of the Disney Parks are now closed due to the COVID- 19 pandemic. But this has not dimmed the enthusiasm of the Avengers Campus which is set to open within the Disney California Adventure Park sometime in June. Once on, it will have superior immersive technologies, not experience before. There will be a collection of super heroes within it. This includes those for Black Panther, Doctor Strange, Thor, Groot, Captain Marvel, Captain America and the Guardians of the Galaxy. Among the major business innovations, will be the Web Slingers, based around Spiderman and a separate space for Iron Man. A dedicated dining area will also have several options.

Source:https://www.tourism-review.com/avengers-campus-is-a-new-show-by-disney-news11435

Uploaded Date:31 March 2020

Like every other year, this year too, the Airport Service Quality Awards have been presented as decided by the Airports Council International. This was a detailed tourism consulting assignment taken up with thorough research across all major markets. They were divided in to four categories, in terms of arrival numbers. The first category is for airports with between five and fifteen million passengers. The next is for between fifteen and twenty- five million of them. The third one stretches up to forty million passengers, while the last one further exceeds the forty million category. Each of these categories is then further divided as per region. Africa, Europe, North America, Asia Pacific and Latin America- Caribbean are the regions. Only three of these regions is for the top category.

Source:https://www.tourism-review.com/best-airports-awards-according-to-passenger-experience-news11433

Uploaded Date:31 March 2020

The world is going through the deep COVID- 19 pandemic, with the tourism industry being no exception. The entire industry is going through hardships, but even within that broad framework, key players are trying to help out the broader cause. Hotels are being made available to the medical staff fighting this pandemic, while cruise ships are being used as hospital ships to reach those patients located in remote areas. A disaster fund has also been created by several booking sites. Switzerland has introduced a business innovation where rides may be taken up at the cost price itself. Car rental firm Hertz has been responsible for it. In Spain, a hotel has even been turned overnight in to a hostel. In Berlin, holiday apartments are now doubling up to be used as shelters for the homeless and migrant workers.

Source:https://www.tourism-review.com/tourism-business-help-stem-the-pandemic-news11445

Uploaded Date:31 March 2020

Moscow has recently inaugurated the world’s largest amusement park called Dream Island. It covers a total land area worth three- hundred thousand square metres, which pits it equal to about one- hundred and forty football fields. It is modelled around the Disneyland, but seeks to do even better. There are cultural replacements for Disney characters, in order to be suitable for the Russian people. Dream Island also includes the largest dome in Europe. A total of thirty- five major attractions lie within the amusement park. Estimates drawn up via detailed business research conducted, puts the expected visitor turnout at about fifty million for a year, worth a total investment of over a billion and a half US dollars.

Source:https://www.tourism-review.com/largest-russian-amusement-park-is-in-moscow-news11427

Uploaded Date:24 March 2020

Madrid is hoping to compete with the UK from being the most dominant player in the film tourism market. This trend has gained traction thanks to the proliferation of various TV series which account for about an eighty million tourists worldwide, as per business intelligence supplied by TCI Research. The City Council of Madrid, further adds that in 2019 alone, nearly twelve- thousand applications were received for filming spaces in the city. Barcelona too received more than eight- thousand of them in 2018. Tourism consulting firm Olsberg and Spi claims that the figure is still far away from the five million received by the town of Alnwick in UK. The town is home to the Hogwarts Castle from the Harry Potter series. The Spain Film Office is working to catch on this trend, with each autonomous community having an office of its own.

Source:https://www.tourism-review.com/film-tourism-is-the-focus-of-madrid-authorities-news11426

Uploaded Date:24 March 2020

London has once again reinforced its position as the leading business travel destination. It tops the index for 2019, created by tourism consulting firm BCD Travel. The study is titled the Cities and Trends Report 2019. Amsterdam, Vienna, Zurich and Paris completed the top five for the European rankings. Zurich and Paris in fact swapped places from last year. This was the only change from the previous edition. Barcelona comes sixth. Copenhagen, Madrid, Milan and Stockholm complete the top ten. When it comes to the Inter- continental rankings, as expected New York City tops the index. Shanghai, San Francisco, Singapore, Dubai, Chicago, Tokyo, Beijing, Boston and Los Angeles are the others in the top ten. If one counts countries, then it’s the UK, Germany and Spain which are Europe’s toppers, while USA, China and India, in that order are the top of the intercontinental rankings.

Source:https://www.tourism-review.com/top-business-travel-destinations-not-changed-much-news11425

Uploaded Date:11 March 2020

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