Covid-19 Tourism Survival strategies
Covid-19 Tourism Survival strategies will help your company walk over through the strange, difficult, and uncertain time that tour operators are in now. At E&J Tourism Consultants Ltd, we trust you and your teams are adjusting to the inevitable changes that Covid-19 is making to all our lives.
As key tourism consultants, we have come up with Covid-19 Tourism Survival strategies to assist you and support you by sharing these with you to readjust and recalibrate and survive to business recovery to future growth.
Below are the six Covid-19 Tourism Survival strategies to adopt at this point in the tourism industry that will see many battered and bruised.
1. Reduce Operational Capacity.
We can achieve this strategy by temporarily laying off your team and staying with essential workers of high positions and those that take firm decisions on behalf of the company. When things get back to normal, all the team can be recalled back to take their positions. This will not only save you from large expenditures but also keep running on a transparent budget that you can sustainably run during these uncertainties as much remains not certain as to when tourism will be recovering soon.
2. Restructure and recalibrate Company Plans.
Your tour company must be in a position to retain the capacity, experience, and ability to execute plans that continue to advance your business through this crisis. Surviving Covid-19 is not simply financial, it is advancing strategic objectives to ensure recovery and growth after all this has gone. This will enable you to execute plans post-Covid, as the world prepares to reopen, a lot will need attention from marketing to band strengthen.
3. Launch new strategic objectives.
Navigate this period with revised strategic objectives to ensure you are all working in the best interest of your guests. Concentrate more on keeping your agents informed about what is transpiring in the destinations, sharing destination presentations, and enabling them to sell the destination well at the end of this crisis. Pledge support at all times.
4. Increase flexibility on new & existing booking.
Think of adjusting your T&C’s to waive of non-refundable deposit required for guests on new bookings, for a given period of time, align to Terms and Conditions that can continue to facilitate bookings during this time of great uncertainty such as a reduced deposit amount on confirmation and allow rescheduling at no additional penalties.
5. Postpone any deposit payments.
Due to limited cash flows in the industry from the suppliers and key industry players, halt all activities that require deposit payments. Payments can then be considered when business returns to normal. Cash is very important at this moment and any business should hold on to it as we get through the dark clouds.
6. Commitment to trip delivery assurance.
Be able to guarantee prompt advice and certainty of trip delivery in an uncertain environment like this to your business partners or agent. Provide enough assurance of all trips that are rescheduled that you will run them without any financial constraints at the same time while ensuring that all clients’ deposits are safe.
As always as your tourism business consultants, we equally believe that if you compile to these Covid-19 Tourism Survival strategies, you will not have any disruptions to your traditional revenue model but instead be able to survive and recovery to growth in this tourism industry
