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Macro Strategic consulting. Mr. Neel Patel, India Mr. Jatin Kataria, India. Travel & Tourism (T&T) 4 future. Globe / Europe / EE - Sector 4 future. In terms of GDP & Employment generation we focused on 3 sectors especially in EE region Energy 2. IT & Communication 3. Tourism
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Macro Strategicconsulting Mr. Neel Patel, India Mr. Jatin Kataria, India Travel & Tourism (T&T) 4 future
Globe / Europe / EE - Sector 4 future • In terms of GDP & Employment generation we focused on 3 sectors especially in EE region • Energy 2. IT & Communication 3. Tourism • AfterIntense researchwe found out that Tourism industry has enormous potential especially for ‘EE’ and decided to explore more into it and develop business model at micro & macro level which we can execute in ‘real’ after marketing, technical and financial feasibility considering 10 years. • Globally, T&T industry directly employed • 6 times more than automotive industry, • 5 times more than chemical industry, • 4 times more than mining and • 1/3rd more than financial service industry • In Europe, T&T employment CAGR will be highest [Oxford Economics]
Some findings of “Eastern Europe” • T&T point of view EE is having huge untapped zones which we will explore in our own unique and innovative way to put this idea into implementation in real. • Even thought Europe is showing highest employment CAGR for T&T, 6 of 22 EE countries are showing negative CAGR while surprisingly 1 of 22 EE countries showing highest CAGR globally i.e. Montenegro (8.8%). It’s very high degree of inequality. • Considering 182 countries: 11 out of 22 countries showing long term CAGR ranking >100 including rank no 181, while 3 out of 22 countries made it to top 20 globally which is another example of inequality. • One more, 9 of 22 EE countries contributes <6% in their total GDP and 5 contributes >12.5% in their total GDP.
Highlights of Interaction / discussions • Internal meetings & Interaction - We did intense research of all EE countries, more to that Europe and globe at large (we would love to share our research sheets). We discussed a lot about whole region, strategy formulation as well as implement and decided to start in real, based on our thoughts, discussion, research & plans. • Interaction with AT Kearney expert - we discussed our idea & whole plan of action. He gave us positive go ahead green signal with the flow & shown his willingness to support further. • Interaction with highly educated professional & students, some of them are already been to abroad. • Even though we planned and started working on our market research & feasibility, but just to have outlook, we started with asking 1 simple question about one of the most beautiful place in EE & world where CF summit will happen and question was ‘you heard about sLOVEnia ?’
Highlights of discussions • We were shocked with the responses i.e. • It might be slow dancing step • Is this some kind of product or what ? • Afa • Surprisingly, even few people who already been to Europe, never heard about Slovenia etc • We realized that people are not even aware of names of fewEE countries, and thought that for T&T its huge business waiting out there in EE region adding to other European countries.
