L
Ladawn1245
New member
- PG Coin
- 464
Geopolitical and economic uncertainty: The sector has to deal with the effects of trade wars, sanctions, conflicts, and political instability on travel demand and supply. It also has to cope with inflation, currency fluctuations, and rising costs of fuel and labor. The sector can mitigate these risks by diversifying its markets, products, and sources of income, as well as by enhancing its resilience and flexibility.
Climate change and extreme weather events: The sector is both a contributor and a victim of climate change, as it emits greenhouse gasses and suffers from the consequences of global warming, such as rising sea levels, droughts, floods, and wildfires. The sector can reduce its environmental footprint by adopting green technologies, practices, and standards, as well as by promoting sustainable tourism that preserves and enhances natural and cultural resources.
Climate change and extreme weather events: The sector is both a contributor and a victim of climate change, as it emits greenhouse gasses and suffers from the consequences of global warming, such as rising sea levels, droughts, floods, and wildfires. The sector can reduce its environmental footprint by adopting green technologies, practices, and standards, as well as by promoting sustainable tourism that preserves and enhances natural and cultural resources.