Page 49 - Kuwait-Three-Years-Business-Outlook-2019-2020-2021

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Kuwait Hospitality Sector by World & Travel Tourism Council

KHOA

• Today’s fast-paced and interconnected environment makes it more
challenging than ever before to anticipate the transformations
ahead. The interplay of factors and drivers at the local, national,
regional and global level are complex, requiring investments in
analysis, planning and execution to successfully navigate.
• It is clear from our World, Transformed report that today’s
megatrends are intertwined. This indicates that there are
prospects for solutions that apply across goals and offer scalable
opportunities for growth. Recognize that Tomorrow’s Traveler is
different to today’s.
• Through a customer-centric approach build on and respond to the
values, needs and desires of travelers, notably personal
enrichment and community to autonomy & personalization.
• Maximize your DNA: Understand what makes you unique and
deliver an authentic experience enhanced by technology.
• Embrace Change or Get Left Behind, by capitalizing on trends,
business models and technologies which are defining enterprises
and business model transformations in this new era.
• Enhance Impact through Tech to further enable and heighten the
impact of both public and private sector strategies through by
innovation, efficiency and customization.

• Given the continuously evolving nature of the transformation our world is experiencing, this report is a starting point--an organizing principle-- to begin fruitful consideration
of the elements shaping our future as individuals, business leaders, and members of communities.
• Through an examination of the shifting personal ideals, societal evolution, business innovations and technological advances across the five megatrends, this report seeks
to provide the Travel & Tourism sector with an enhanced understanding of our ever-changing ecosystem.
• In turn, we hope this analysis will support the sector in preparing for the opportunities and potential risks ahead whilst building the competencies that will enable it to
compete and grow in this new world 49