As of 31 December 2019, the firm managed roughly $7.43 trillion in assets on behalf of traders worldwide. The influence of geopolitical risks on tourism has not acquired scholarly attention in the present literature. Previous research focus on the effects of terrorism, which is a subset of geopolitical dangers.
The problem is that the interests of the totally different companies in the travel ecosystem are not aligned with the pursuits of the customer. They’re all too busy optimising their own ‘yield management’, which includes extracting maximum value from their stock. Large travel firms similar to TUI, Sunweb and D-reizen nonetheless management much of the travel ecosystem they’ve constructed up within the final 50 years. If we take a look at the new travel ecosystem, we see that players similar to OpenTable, Airbnb and Uber management a small a part of it and these parties additionally combine to type …read more >