YATEC NSW
Recently we had the displeasure of introducing yet another acronym to the Tourism Industry vocabulary; “GFC”. For those of you who have been living under a rock; is short for “Global Financial Crisis” and in the past few months it has produced a variety of activity and commentary in the media.
Businesses are suffering and we are being told that customers are taking greater consideration of where to shop and what to buy, as well as turning more attention to the value of their purchases. This value is not only determined by the price of the product or service, but also by the customer service which is bound to it.
Whilst the majority of the commentary on the GFC forecasts a downbeat and pessimistic picture for Australia, there are some positives that are being reported. We are lucky to belong to a great industry and one of these positives is the resilience of the Youth market.
YATEC would like to ask you your thoughts on the GFC and how will it affect you?
- Will your travel plans change as a result of the GFC?
- Are you finding that you spend your spare time looking for the latest travel offers?
- Have you taken advantage of the amazing deals on flights?
Let us know your thoughts here on the YATEC NSW Blog.