Upcoming Business Conferences and Expos in the Travel and Hospitality Industry

Aakash Sharma — Tue, 23 Mar 2021 04:35:04 +0000

The “new normal” can arguably be termed as the most widely used key-phrase in 2020. The new normal brought by the pandemic disrupted many mature financial sectors worldwide, especially in the travel and tourism sectors. As the deadly grasp of COVID-19 is loosening up over the world, travel industry experts and enthusiasts are planning to keep the show going on this year.

The introduction of the vaccine has stimulated hope and optimism in the travel and tourism industry. The industry slowed down during the lockdowns imposed to curb the pandemic. It has gained little normalcy only since the last quarter of 2020.

If the numbers of new hotels that resume in 2021 are to be made a parameter for the industry’s revival, then the hotel industry this year will do a lot better. In India, for example, Goa leads the industry as it has seen significant growth in recent months.

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Entrepreneurs and business folks involved in the travel and tourism industry need some direction to guide their business through these challenging times.

Here is a list of events and expert symposiums that will forecast and discuss the travel and tourism industry’s future in a post-COVID world.

Global Hospitality & Tourism Conference on Experiential Management and Marketing | 18 – 20 Mar 2021

Marketing is not just a commercial venture. Instead, it is a philosophy, a frame of mind and a practice that drives business growth in a dynamic market. The tourism and hospitality industry offers its customers complex experiences and services in a highly competitive global market.

Marketers are concerned with the following issues:

Identifying the target market/consumer,

Developing appropriate product promotion strategies and

Ensuring services that build satisfaction and customer loyalty.

The event offers an exchange of views between academics, researchers, policymakers, industry professionals and emerging tourism professionals.

Hotel Investment Conference – South Asia (HICSA) 2021 | 6 – 7 April 2021

Hotel Investment Conference: South Asia (HICSA) has been an unprecedented conference platform for the hospitality industry worldwide since its inception in 2005. The conference is known for its many content sessions and excellent networking opportunities. It attracts corporate leaders, hotel owners, hotel owners, bankers, developers, and professional consultants worldwide.

Due to the COVID-19 pandemic, its dates have been changed, and the 16th HICSA (HICSA 2021) is scheduled for April 6 and 7, 2021. Besides, the event will feature the HICSA 2021 Hybrid mode, where it will be held in personas and virtually for remote participants.

Hotel Operations Summit India (HOSI) 2021 | September 2021

The Hotel Operations Summit India (HOSI) is a foremost forum for hotel professionals in the region where participants can exchange ideas, discuss topics, and share the industry’s best views. It strives to provide the best speakers on industry trends, market developments, business topics, industry specifications and the hospitality industry’s best practices.

With the rapid development of the COVID-19 situation in 2020, the hospitality industry and related industries faced one of the biggest challenges in modern history. The 8th HOSI will proceed to a virtual organisation after careful consideration due to pandemic related safeguards.

THINC INDONESIA 2021 | Dates to Be Announced

The THINC Indonesia conference provides a forum for key executives and decision-makers to discuss the evolving hotel and tourism industry’s development and direction. Since its inception, THINC’s conferences have been the basis for some of the significant hotel trends in South-East Asian countries.

The 8th THINC Indonesia, usually held in Bali in the first week of September, currently is not finalised due to restricted international travel. The date of the 2021 event will be announced later.

THINC Indonesia has a strong forecast for developing regional industries, especially the Indian market and resources. Under government leadership, the summit provides a platform for participants to communicate and offers stakeholders the opportunity to use the investment environment and meet influential people.

What’s in it for travel and tourism players?

With these and more informative events on the horizon, keep following this space for more insights and new updates. Nonetheless, all the entrepreneurs and business folks involved in the travel and tourism industry need some direction to guide their business through these challenging times.

Events like these can help them immensely to chart out new strategies and safe modes for both themselves and their customers in growing the business and travelling. Participation in such an event is highly encouraged by industry experts and mentors of the entrepreneurial world.

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Upcoming Live Sessions: Rise Again, A Series by Dutch Uncles

Smruthi Krishnan — Fri, 01 Jan 2021 22:19:20 +0000

The catastrophic bomb of Corona Virus hit us hard in the year 2020 sending shockwaves across countries. As the world went on a sudden hiatus, offices, schools and markets were shut down, leaving millions of people jobless and economies struggling to recover. COVID-19 left markets across the globe staggering; emerging unscathed and successful was a herculean task for most industries.

The hardest-hit sector was without doubt the Travel, Tourism and Hospitality Sector with 100 million job losses by the end of 2020 and an estimated loss of over $2.7 trillion. With cancellations shooting up, the hospitality industry was on the edge of drowning with no rescue. Getting up from such blows is painfully slow and difficult. As a part of the Dutch Uncles Series, Rise Again, we conducted Panel Discussions on the survival and revival of the ‘Travel and Hospitality Industry Amid the Pandemic’ and ‘Beauty and Wellness Industry Amid the Pandemic’.

Our panelists included renowned industry veterans and experts who debated, discussed, strategized and brainstormed the revival and survival of these industries in the Post-COVID market and how they could ease their way into the ‘new normal’. Even with a GDP slowdown, these industries can establish a firm foot and tap into the market with new, cost-effective strategies. To learn more, watch the Panel discussion on Dutch Uncles – Rise Again Episode 1: Travel and Hospitality and Episode 2: Beauty and Wellness.

Learning, even in the Pandemic, has no limits, and it is no longer contained to classrooms. Though the sector dipped with the global shutdown of schools and institutions, new, digital pedagogical platforms have helped them survive. The pandemic expanded the market base of many E-learning and Ed-tech platforms with millions of people enrolling for online courses, promoting digital teaching and learning via various Apps. In 2020, BYJUs was the highest valued Ed-tech company in the world with a valuation as high as $ 11.1 billion. They claimed that they earned Rupees 2800 crore in FY20. BYJU’s app downloads have soared by 600% between the years 2017 and 2020 with a renewal rate of 86%. The pandemic shed light on the drawbacks in the current educational status quo with special emphasis on the need for newer, digitalised pedagogies like AI and virtual reality and reducing the impact of geo-economical restrictions.

Our upcoming panel discussion, Rise Again – Education and Training deals with issues in the COVID-hit education sector, bringing new strategies for encouraging the holistic development of students during tough times like these.

The food & beverage industry includes various online and offline food chains, restaurants, beverage producers, raw material producers, packaging and distributing companies, etc. With restaurants and cafes closed across the world, this sector was one amongst the worst hit. With no funds to sustain, the sudden imposition of the lockdown left them floundering. With fluctuating demands and supplies, the industry faced a tough time stabilizing itself amidst the pandemic.

Online deliveries along with safety measures helped ease the blow and a rise in demand for packaged food speeded up their recovery. However, they still have a long way to go in terms of safety, seating, and attracting people in the post-COVID scenario. A similar trend was observed in the Retail market. With shops and malls closed for months, many businesses switched to online platforms to increase sales.

At Dutch Uncles, we have gripping discussions lined up in May 2021, with our series Rise Again where our expert panelists dive deep into the issues in the Food and Beverage, Retail and Education and Training and come with ingenious solutions of resurging in the post-pandemic market. Stay updated and stay tuned to learn more about how industries can rise again, for as Confucius said, “Our greatest glory is not in never falling, but in rising every time we fall.

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Revival and Survival – Dutch Uncles