For entrepreneurs in the travel industry, the awful the truth is that numerous organizations will capitulate to the overwhelming financial effects of COVID-19. The span of this ‘endure’ period will vary between nations relying upon how the local government has responded to the virus, however, it’s most likely a 3-5 month period.
As dynamic COVID-19 cases begin to drop, border restrictions will ease and few enquiries for future travel may start to stream in. For your TRAVEL business, this may not really mean a prompt increment in income, but the guarantee of future income. During this stage, the cost-sparing estimates you sanctioned will probably should be proceeded.
For outbound tour operators, pivoting to domestic tourism is a smart way to give your business an opportunity to generate income sooner.
This time is also an excellent chance to check in with your customer database and start to get people dreaming about their next trip with your company. This may even involve putting a deposit down on a non-date specific holiday. There is a world of opportunity here to ensure your customers continue to engage with and remember your brand.
it’s certain that travel is going to look a lot different post-COVID-19, and travellers are going to be looking towards industry professionals to help them navigate these changes. Taking steps to grow your brand presence during this stage will mean your business will be front of mind to plan trips that are enjoyable, stress-free and most importantly, safe.
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