One of the most difficult tasks for islands is reviving the economy now and beyond the pandemic. Tourism and leisure in SIDS bring around $30 billion a year in revenue. A decline in tourism, which also provides most of the revenues in the transportation industry, translates into a huge fall in GDP for the many islands around the world. This problem isn’t going to be solved overnight, and with the underlying issues of unemployment and a reduction in government revenues, islands need a robust recovery plan to ensure the wellbeing of their populations.

Some islands are creating new solutions and recovery plans to keep retain their relationships with tourists and ensure they are able to reopen quickly as travel normalizes. Some nations in the Caribbean have started providing relief for small enterprises. Jamaica has already started by creating a tourism recovery task force to provide a recovery and growth incentive framework for the sector.

For other island nations, however, this is the time to innovate and (possibly) make the tourism industry more sustainable. The Faroe Islands is championing a “remote tourism” revolution to help potential travellers experience the islands an no doubt entice them for the future. This digital tourism initiative would allow islands to broadcast tour guides live for people from around the world to log in and watch these guides trek around tourist destinations. About 50,000 people joined the Faroe Islands’ online tourism event – and if travel restrictions continue, many other islands may embrace this method whet the appetites of potential visitors.

ALMOST THERE! PLEASE ENTER YOUR EMAIL TO VIEW THE RECORDING

Privacy Policy: We hate SPAM and promise to keep your email address safe

ALMOST THERE! PLEASE ENTER YOUR EMAIL TO SAVE YOUR SEAT FOR TIME OPTION #1

Privacy Policy: We hate SPAM and promise to keep your email address safe

Subscribe To The Island Innovation Newsletter For More Insights:

ALMOST THERE! PLEASE ENTER YOUR EMAIL TO DOWNLOAD THE FREE CHECKLIST

Privacy Policy: We hate SPAM and promise to keep your email address safe

ALMOST THERE! PLEASE ENTER YOUR EMAIL TO SAVE YOUR SEAT FOR TIME OPTION #2

Privacy Policy: We hate SPAM and promise to keep your email address safe

Taylor Mills

Taylor Mills

Marketing Startegist

Taylor is a marketing strategist who helps entrepreneurs monetize their personal stories, skills, and experiences so they can impact others and create freedom for themselves. She is a multilingual graduate of The Wharton School at the University of Pennsylvania. She has professional experience in Latin America, Europe, the U.S., and Asia producing sales and marketing campaigns for a range of clients–from small organizations to hypergrowth tech and Fortune 500 companies.Taylor is a full-time traveling entrepreneur, born and raised in Los Angeles. She’s lived in 8 cities on 4 continents and speaks English, Spanish, and Portuguese. She loves exploring languages & cultures, discovering new perspectives, and building meaningful relationships.