The Impact of Recent Global Events and Long-Term Industry Trends

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Abstract

The Business-to-Business (B2B) hospitality sector has faced unprecedented challenges in recent years, significantly influenced by global events such as the COVID-19 pandemic, economic instability, rise of digital technologies and changing consumer preferences. This chapter explores these contemporary challenges, analyses their implications for B2B hospitality businesses, and recommends agile business models utilising the Business Model Canvas framework to enhance their competitiveness & resilience in the face of these dynamic market conditions. By leveraging this framework, businesses can navigate uncertainties and adapt to evolving market demands
Original languageEnglish
Title of host publicationAddressing Contemporary Challenges in the B2B Hospitality Sector Addressing Contemporary Challenges in the B2B Hospitality Sector
EditorsVipin Nadda, Hemant Mediratta, Sumesh Singh Dadwal
PublisherIGI Global
Chapter2
Pages35-68
ISBN (Electronic)9798369397626
ISBN (Print)9798369397602
Publication statusPublished - 1 May 2025

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