This report aims to analyse and lay out solutions to simultaneously navigate COVID-19’s impact and build a resilient travel and tourism industry in the post-COVID-19 world.
The argument to prepare for viral threats is convincing. The global travel and tourism industry’s contribution to GDP plunged by US$4.5 trillion in 2020 due to the pandemic. Possible technology solutions to support travellers’ journey are presented to protect the travel and tourism industry from the threats of COVID-19 waves and other virus outbreaks.
An adjusted Travel Tourism Index (TTCI) will be projected in this report by revising the data from the TTCI 2019 report by World Economic Forum so that countries could deploy this as a benchmark to create a more competitive travel environment to enable mobility.
Putting on the investor lens as Vynn Capital is a venture capital firm, we have identified a few growth areas that are noteworthy such as solutions for contactless travel, consumer tools for travel distribution, customer retention solutions for travel companies and more.