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Although the travel industry’s 2021 recovery continues, the Skift Recovery Index (which provides up-to-date performance measures of the industry across 22 countries) shows that travel is still languishing 35% below pre-pandemic levels. The recovery has also been uneven, varying between different geographical regions due to divergent travel restrictions, COVID-19 case counts, and vaccine rollouts and the relative strength of their domestic travel markets.
We’ve all been there: everyone who has ever been employed has had a bad day, or even a stretch of them. And as responsible adults do—or so we’ve been told—we move through it, beyond it, and forge ahead. Keep calm and carry on, as they say.
The effects of the pandemic have been felt across all business sectors. However, the nonprofit sector, whose funding generally relies on face-to-face networking (think galas, marathons, concerts), suddenly had to innovate to continue generating income when lockdowns put an end to those events. Early projections suggested that the COVID-19 pandemic would only compound the other challenges nonprofits already regularly face, painting a grim picture as to how they would weather the storm.
The most significant influence on the retail sector over the past 19 months has unquestionably been the COVID-19 pandemic. (There’s nothing quite like a major global event to affect what we buy and how we buy it, —not to mention who sells it and how!) While the toilet paper panic-buying is mercifully in the rearview mirror, other emerging trends in consumerism—as well as ever-changing technology—will continue to shape the retail landscape into 2022.