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primary topic: Navigating SMEs in the tourism sector through crisis (T-CRISIS-NAV)

Navigating SMEs in the tourism sector through crisis (T-CRISIS-NAV)
type: Article
abstract: The consequences of the Covid-19 virus for the tourism industry in the EU cannot at present be accurately assessed - but it is clear, that they will be devastating. The tourism sector is especially vulnerable to crisis (Hall/Williams 2019). T-CRISIS-NAV will enable HEIs to educate existing SMEs and future entrepreneurs in the tourism sector to gain the skills and tools needed to successfully navigate their business through a virulent crisis. They will be fully equipped with the knowledge and actionable tools to analyse the specific extent of crisis impact and develop suitable countermeasures and navigate their company safely through the crisis. A topic that has never been as important as now – especially with COVID-19 but also Brexit threatening this significant industry in an unparalleled scale. In order to achieve a sustainable effect, we focus not only on HEI but also on SMEs and VET tourism networks and the areas that educate and train future managers, employees and entrepreneurs in the tourism sector. As tourism industry is characterised by an above-average proportion of SMEs, and as these are at the same time particularly vulnerable but also innovative, our work has an effect not only in terms of securing jobs but also on the innovative strength of the entire industry. This is especially true regarding sustainable tourism approaches. Experts cannot accurately estimate the impact of the current crisis on tourism. What is clear, however, is that the extent will be exorbitant. Transport, hospitality , entertainment and related sectors such as taxi drivers will feel the effects for months, if not years, and hundreds of thousands, if not millions of jobs throughout Europe will be threatened. The following statistics illustrate the importance of the sector for the European economy and show what effects the current crisis can have: - in 2018, the sector contributed €782 billion and 14.4 million jobs in Europe - Every year, EU residents take more than a billion vacati…
date: 2020
status: unpublished
author list: authors
type: EPrint
type: OtherEPrint
is part of: repository
subject: Social Sciences

Repositorio de la Universidad
type: Organization

MOMENTUM MARKETING SERVICES LIMITED
type: Person
family name: MOMENTUM MARKETING SERVICES LIMITED

FUNIBER
type: Person
family name: FUNIBER

HASKOLINN A AKUREYRI
type: Person
family name: HASKOLINN A AKUREYRI

tvw GmbH
type: Person
family name: tvw GmbH

University of the Hihglands and Islands
type: Person
family name: University of the Hihglands and Islands

European E-learning Institute
type: Person
family name: European E-learning Institute

University of the Hihglands and Islands (UK)
type: Organization

FUNIBER - Instituto Universitario de Investigación de la Universidad Europea del Atlántico
type: Organization

Momentum Marketing Services Limited (Ireland)
type: Organization

tvw GmbH (Germany)
type: Organization

European E-learning Institute (Denmark)
type: Organization

Haskolinn a Akureyri (Iceland)
type: Organization

HTML Summary of #3526 Navigating SMEs in the tourism sector through crisis (T-CRISIS-NAV)
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primary topic: Navigating SMEs in the tourism sector through crisis (T-CRISIS-NAV)

Social Sciences
type: Concept
preferred label: Ciencias Sociales @es