Coping with success: Managing overcrowding in tourism destinations

McKinsey

McKinsey and the World Travel & Tourism Council examine how destinations can reap the benefits of tourism while preserving their unique qualities. Our Insights

Taking the Long View on Cuba's Tourism Opportunity

BCG

Article Thursday, May 04, 2017 Improved relations with the US have brought a flood of US travelers—and a potential boon for travel companies.

Cuba: A Tourism Conundrum

1 to 1

Leisure travel to Cuba from the U.S. Several of my friends just returned from a trip to Cuba and I've been reliving their adventures in Havana and Santiago through photos. is still banned, but my friends were able to enter the country through the "people-to-people" program in which visitors interact with Cuban citizens in cultural activities. There’s more… To read the rest of this blog posting click here or visit www.1to1Media.com/weblog. Customer Experience Marketing homepage

Creating Incentives to Reduce Healthcare Costs; Medical Tourism Can Save Us All Money

MishTalk

Graham explains How Domestic Medical Tourism Could Save Us All Money. One of the most under-reported medical success stories in recent years has been the increase in medical tourism: traveling abroad to get high-quality care at a fraction of what it would cost in the United States. The same Lasik eye surgery that might cost $4,400 here (for both eyes) is available in India, for example, for $500, according to the Medical Tourism Association.

The Reason Air Travel Is Terrible and So Few Airlines Are Profitable

Harvard Business

Finally, they would take over the international air travel market. Why is the airline industry so terrible? What frequent flyer has not asked him- or herself this question? There is an answer, and it has to do with the dynamics of disruption.

How an Airplane Laptop Ban Would Expose Company Data to Espionage

Harvard Business

Millions of global travelers are anxiously awaiting the answer to this question. Aside from another terrorist group disrupting world-wide travel operations at a cost of hundreds of billions of dollars , the other big winners from an increased ban could be foreign intelligence services. According to statistics published by the National Trade and Tourism Office, 1.9 million people, earning an average salary of $152,868, traveled to Europe on business in 2015.

Airbnb Is Facing an Existential Expansion Problem

Harvard Business

” But how many travelers can “live there” before Airbnb accepts that it has become a vehicle for mass tourism, and that its users are tourists, no more and no less? Regulation Internet Hospitality Travel Digital ArticleHBR STAFF.

Understanding the Evolving Cuban Consumer

BCG

Restrictions on trade and travel are easing. Both Pope Francis and the Rolling Stones traveled to Cuba during the past year, highlighting the scope of global interest in the country. A third will analyze the country’s travel and tourism industry.

What Cuba’s Economic Evolution Means for Multinationals

BCG

Two subsequent publications will analyze the country’s consumer and tourism industries.). In addition, the US government will have to further ease trade and travel restrictions. Article Thursday, April 21, 2016.

How Iceland 'Gets' Frictionless Experiences

1 to 1

Hospitality and travel companies could learn a lot from Iceland in terms of creating a frictionless guest experience. Although it was a short trip, it gave me a glimpse into a well-oiled tourism engine that companies should aspire to.

The Secrets of Retail’s Repeat Top Performers

BCG

Travel and tourism, consumer durables, consumer nondurables, and fashion and luxury were the other four. Article Friday, January 20, 2017 During the past decade, the global retail industry established a solid record of very strong value creation. For the five years from 2011 through 2015, the industry’s performance declined somewhat in both absolute and relative terms. Still, it continues to deliver better value than most other industries.

The Real Challenge to Turkey’s Economy Isn’t Terrorism

Harvard Business

Terrorism impacts tourism, but not for as long as you might think. It generally takes a country about 13 months to recover fully from a terrorist attack, according to the World Travel and Tourism Council.

Simon-Kucher & Partners Interviews & Culture

Management Consulted

Transportation, Travel & Tourism. Travel is unavoidable at Simon-Kucher. If you have a passion for pricing, and are looking for an exciting career of travel and collaboration, you’ll be a good fit at Simon-Kucher & Partners.

The Crazy Lives of Consultants: Sorry Bill.I'd rather kiss my new boss.

The Crazy Lives of Consultants

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Russia Ponders Russian Airspace No-Fly Zone for EU Commercial and Passenger Jets

MishTalk

Estimated Losses Greek tourism expects the move to cost $400 million. Travel from Ukraine down 50% Lufthansa, British Airways and Air France expect 1 billion euros ($1.3 The sanctions retaliation game took another big leap forward today with the EU in the spotlight: Moscow May Force European Airlines to Fly Around Russia.

Swiss Peg Removal: Did Anyone Win?

MishTalk

One widely recognized "big loser" is the tourism industry. like restaurants, travel and hotels. Net-net this is likely to be a loser for the tourism industry, but it may not be the total carnage most expect.

How I Fell In Love With Business: Confessions of a Bain Consultant

Management Consulted

My best friend and traveling companion, Lawson, was sporting – she’d studied Spanish for 10 years and was confident, conversational and even funny in the language. We traveled to a mountain village in central Honduras and met people who changed our life. A short wander through the back woods of Laos later, I met my first consultant – a woman on furlough from McKinsey who was traveling the world alone.

Bain 162

Start of a Global Currency Crisis?

MishTalk

In Emerging Market Contagion Spreads , I presented a viewpoint that emerging market currencies have been under pressure because of falling commodity prices. Commodity exporter currencies such as the Australian dollar, Canadian dollar, and Brazilian Real have been under pressure for the same reason.

Why Public Health Organizations Should Partner with Academic Institutes - SPONSOR CONTENT FROM QATAR FOUNDATION

Harvard Business

In October, Sidra performed the country’s first separation surgery of conjoined twins, paving the way for complex pediatric surgeries and eliminating the local need to travel abroad for rare and complex conditions.

Deflation Bonanza! (And the Fool's Mission to Stop It)

MishTalk

One widely recognized "big loser" is the tourism industry. like restaurants, travel and hotels. Furniture chains, travel agencies and fashion companies are among the retailers slashing prices to rope in shoppers. Other travel is up as well.

If You Think Fighting Climate Change Will Be Expensive, Calculate the Cost of Letting It Happen

Harvard Business

Record flooding in Thailand in 2011 severely impacted air travel, tourism, and one of the major regional airports in Asia. While the Zika epidemic is over in Puerto Rico, reports that it would affect one in five people on the island hurt the island’s tourism industry – at a time when the local economy is struggling to emerge from a municipal debt crisis. With the Trump Administration’s surprising U-turn on the COP21 Paris Agreement, the U.S.

What I Learned from Leading a Tunisian Ministry During the Arab Spring

Harvard Business

Yet I didn’t want to turn down such an honor over the phone, so I traveled from Paris to Tunis to meet Prime Minister Jomaa. Because of this, tourism, one of the country’s biggest income generators, has plummeted, leaving it in an economically weakened state.

The Leadership Clash That Led Colombia to Vote Against Peace

Harvard Business

Whether he’s traveling to the Amazon jungle or the vast tropical “llanos” plain, or even to the coast, he fails to find the language to connect and to provoke empathy. ” This failure of a political leader to connect with constituents is something I saw over and over while traveling around Colombia over the past two months. He wanted to expand tourism to the country in number of visitors and by attracting tourists to areas formerly ruled by guerillas.

Change Management Is Becoming Increasingly Data-Driven. Companies Aren’t Ready

Harvard Business

We are working with a large travel and tourism firm to introduce a system for real-time employee feedback. Harry Haysom/Getty Images. Data science is becoming a reality for change management, and although it may not have arrived yet, it is time for organizations to get ready. The companies best positioned to change in the next decade will be the ones that set themselves up well now, by collecting the right kind of data and investing in their analytics capacity.