Taking the Sting out of the BiteJulian Zarb Last week, I attended this year’s edition of the Tourism Studies Association (TSA) Annual Conference. The event was an opportunity to hear reactions and proposals for overcoming this bleak period of economic chaos. At least, it seems that the overall attitude to changing the negative scenario into a positive one is being done by instilling a good dose of cautious optimism. The Malta Tourism Authority seems to be taking this rather well and is already planning a strategy for improving the element of value for money and the promotional budget for advertising overseas; the academic solution lies in considering a number of facts and answering some questions that are, intrinsically, soul searchers; the students even put forward their own theories for reducing the sting from the credit crunch; there were some good presentations by Malta International Airport and Air Malta which dealt more on the aspect of strategic management policies rather than any special tactics for dealing with these unusual times. Obviously, in this year dedicated to creative thinking and innovation it seemed appropriate for some home grown ideas about dealing with the crunch by adopting Lateral thinking and finally we had the economic scenario and the concluding remarks by the Malta Hotels and Restaurants Association. Other News Auditor report reopens MEPA can of wormsForeign Ministry mum on possible Libyan drilling in Maltese watersMCA withdraws dominance status on GO in fixed line telephonyWorks on fourth submarine cable launched New President for the Malta Society of Arts, Manufactures and Commerce Taking the Sting out of the Bite Rise in number of dangerous products being detected Valletta Waterfront gears up for motorsports Corporate Sukuk with new opportunities of financing capital requirements for Maltese businesses Dhalia opens new office in Vittoriosa |
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