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Coronavirus: Firms face critical few days in fight for survival

Travel Weekly
Travel Weekly
Casual
👁️ 15 views📅 6 years ago⏱️ 43:27
What This Creator Said
Creator Warns AgainstTips & AdviceCasual Creator

Source: Our analysis of the creator's lived experience, based on what they said in this video.

Creator's Key Takeaways

the next few days are going to be extremely telling there are a number of key issues

cash is king and if you have enough cash despite all these things to be here in six months time

the summer's gone and the earliest you really gonna have a full season is winter

it's all about survival in the short term so that then when we come through the other side

Creator's Tips & Advice

Hold on to cash and minimize costs to survive the next six months
Restructure your business for a new world with less consumer confidence
Upskill yourself while furloughed to prepare for recovery

Questions This Creator Answers

QHow long does the travel industry have before irreversible damage?
QWhat are the key challenges facing travel businesses during the coronavirus crisis?
QHow can travel businesses survive and rebound after the crisis?
QWhat government support is available for travel businesses?
QHow will the travel industry change long-term?
YouTube Video Description

Lee Hayhurst speaks to Chris Photi, Will Waggott and Jeanette Linfoot