The Devastating Impact of the COVID-19 Outbreak on the Tourism Sector
The COVID-19 outbreak has brought the tourism sector to a standstill. Tourism remains the most affected sector, which has also impacted the MICE (Meetings, Incentives, Conferences, and Exhibitions) sector.
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Virtual and Hybrid Events: Possible Alternatives to MICE Events in the Current Scenario
Virtual and hybrid events are viewed as a possible alternative in the current situation. They provide financial benefits where companies are seriously trying to cut costs and removes the logistical and financial barriers, expanding the audiences as well. Although COVID-19 was initially noted in the APAC countries of China and South Korea, reports suggest that China, South Korea, Japan, and Singapore will regain normalization relatively faster than their western counterparts. This will allow these countries to come back and perform well in the MICE industry but in a sustained manner.
MICE Industry Market Segmentation
Central and South America and the Caribbean
The Middle East
" Crucial Insights The Report Provides:"
* Known and Unknown Adjacencies Influencing the Growth of Market
* Explorable Revenue Sources
* Customer Behaviour Analysis
* Target Partners
* Customized Geographical Data Based on Customers as well as Competitors
* Analysis of Market Size and CAGR between the Forecast PeriodsView Full Report Buy This Report Now