Amid global travel restrictions, social-distancing protocols and prohibitions on mass gatherings, the world’s meetings, incentives, conferences and exhibitions (MICE) segment has been forced to adapt to the pandemic, with some events shifting online and others being deferred.
What are the short- and medium-term implications of Covid-19 for the tourism industry, and what measures could help mitigate the fallout?
Successive governments have long identified tourism as a promising avenue for Papua New Guinea to diversify its economy away from a reliance on extractive industries. PNG’s topography, biodiversity and rich cultural traditions offer a range of outdoor tourism opportunities that stand to be unlocked by improved infrastructure, enhanced safety...
Tourism in the Asia-Pacific region has seen impressive growth in recent years, aided by cheaper air fares, an expanding consumer class and increased exposure brought about by improved internet connectivity. Although these developments have led to significant economic benefits for countries across the region, they have also had some negative...
Successive governments have identified tourism as a promising avenue for Papua New Guinea to diversify its economy away from a reliance on extractive industries. PNG’s biodiversity and rich cultural traditions offer a range of tourism opportunities that stand to be unlocked by improved infrastructure and effective marketing strategies. Prior to the Covid-19 pandemic, the country seemed poised...
The economic downturn resulting from lower global commodity prices and the completion of the PNG LNG project means the future of Papua New Guinea must be navigated with care. The country possesses plentiful natural resources, which, given effective management, could provide new revenue to spur diversification, as well as sustainable and equitable growth in all provinces.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
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