Intrepid Travel cites climate change as biggest business risk amid travel disruptions
What happened
Intrepid Travel's managing director ANZ, Brett Mitchell, spoke at a conference in Melbourne about travel disruptions. Mitchell stated that climate change is the number one risk for the business, and crisis management is its fastest-growing salary expense. The comments came during a panel where research showed 68 per cent of travelers now consider extreme weather events when booking their next trip.
From travelweekly.com.au
Why it matters
The discussion highlights growing operational pressures on travel operators due to increasing frequency and severity of extreme weather events globally. This occurs as the Australian Government has downgraded travel advice for Middle East destinations, urging businesses to review travel programs due to network interruptions.
The Australian Government downgraded travel advice for Middle East destinations, urging businesses to review travel programs due to exposure to network interruptions.
From travelweekly.com.au
Who's involved
- Intrepid TravelTravel company that discussed climate risk and operational disruptions
- Middle EastGeopolitical region causing travel disruptions for operators
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Virgin AustraliaSpeculative
Virgin Australia could face increased operational costs due to the growing financial burden of disruption on travel operators.
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The entities involved
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Intrepid Travel
travel company
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran