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How can we prevent risk in tourism industry?

A thorough inventory and analysis of possible risk scenarios is essential, so that you fully understand the risks to your tourism business. Looking ahead and being well prepared may help to minimise losses and put you in a great position to take advantage of any opportunities that may arise.



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Outlined below is the model from Destination Canada for small and medium enterprises. It has four stages: risk identification, risk analysis, risk control, and risk treatment (DC, 2003a).

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The purpose of this study is to investigate the impact of four travel risk factors (natural disaster risk, physical risk, political risk, and performance risk) on traveler groups with different characteristics and the relationship among these risk factors, travel satisfaction, and travelers' repurchase intention.

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Challenges facing Tourism include taxations, travel promotions, safety, infrastructure, and cross border set of laws among others. The majority of tourism destinations are not ready for visitors.

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