article thumbnail

The Real Challenge to Turkey’s Economy Isn’t Terrorism

Harvard Business

But it does help explain how the country has so far managed to insulate its economy. Terrorism impacts tourism, but not for as long as you might think. It generally takes a country about 13 months to recover fully from a terrorist attack, according to the World Travel and Tourism Council. Political momentum is pro-business.

Tourism 120
article thumbnail

The Importance of Trust for Managing Through a Crisis

Harvard Business

How a vacation rental company leaned into trust to weather the COVID-19 pandemic.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 10 Consulting Firms in the Middle East

Management Consulted

Dubai is one of the firm’s newest offices, and for good reason – the city is a hot spot for tourism, real estate investment, trade, transportation, and financial services. Aon is a leading provider of risk management services, insurance and reinsurance brokerage and human resources consulting and outsourcing.

article thumbnail

One Company A/B Tested Hybrid Work. Here’s What They Found.

Harvard Business

The six-month experiment reversed managers’ opinions on hybrid work — and offers three important lessons.

Company 248
article thumbnail

New Law in France: Limos Must Wait 15 Minutes Minimum Before Picking Up Rides

MishTalk

Note: "VTC" (Voiture de Tourisme avec Chauffeur) translates roughly as chauffeur driven touring car. According the Minister of Crafts, Trade and Tourism and the Interior Minister, the delay helps distinguish the activity of VTCs from taxis. Via translation from Les Echos, please consider Taxis against VTC: the conflict continues.

Tourism 75
article thumbnail

Egypt Police Storm Pro-Mursi Camps; Deadly Clashes; Stocks Lower, Market Closed Until August 18

MishTalk

One of the major pillars of the Egyptian economy is tourism. The longer that the violence goes on, the longer it will take for Egypt to recover the type of tourism revenues it was generating before the revolution in 2011. link] Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management.

Tourism 66
article thumbnail

The Secrets of Retail’s Repeat Top Performers

BCG

(See Creating Value Through Active Portfolio Management, the 2016 BCG Value Creators report, October 2016.) Travel and tourism, consumer durables, consumer nondurables, and fashion and luxury were the other four. The industry ranked eighth overall and fourth among the five consumer industries studied.